PALM SPRINGS (CelebrityAccess) — Venue management and advisory Oak View Group announced the acquisition of the Stadium Club division from Invited, one of the leading owners and operators of golf clubs in North America.
As part of the acquisition, Oak View Group will own and operate Stadium Club properties at universities across the U.S.
Following the acquisition, the stadium club’s management team and employees will remain situated in their current roles at all clubs.
Stadium Club properties include:
• Arizona Sands Club (Arizona Stadium – University of Arizona)
• Baylor Club (McLane Stadium – Baylor University)
• Ken Garff University Club (Rice-Eccles Stadium – University of Utah)
• The Texas Tech Club (Jones AT&T Stadium – Texas Tech University)
• University Club of Virginia Tech (Lane Stadium – Virginia Tech)
• The Carolina Club (George Watts Hill Alumni Center – University of North Carolina)
Additionally, as part of the deal, Oak View Group and Invited announced a long-term partnership focused on providing enhanced membership benefits and creating unique experiences for both Invited and OVG club members.
“We are committed to advancing the expectation of a premium experience in venues across the world, and we look forward to welcoming Stadium Clubs and their members into the Oak View Group family,” said Chris Granger, President, OVG360. “We are excited to develop and grow the Stadium Clubs with unique experiences, gracious hospitality and imaginative offerings gleaned from our extensive experience of our own venues and that of our roster of stadiums, arenas, theatres, convention centers and more worldwide. We also look forward to working with our partners at Invited on creating the ultimate membership experience platform for all those in the Invited and OVG families.”
“Invited’s University Stadium Club division has been a source of great pride for the company and through the years we’ve cherished the opportunity to provide an exceptional experience for our members, their families and friends. After many discussions and to ensure a strong and viable future, we’ve decided to sell the stadium club line of business to Oak View Group. Together, we will ensure a seamless transition and Invited will stay involved by partnering on offerings in the future,” said Invited CEO David Pillsbury.
The financial terms of the transaction were not disclosed.
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