Invited Clubs
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Invited Clubs - overview
Established
1957
Location
Irving, TX, US
Primary Industry
Travel & Leisure
About
Invited is a US-based company that operates a diverse portfolio of over 150 golf and country clubs, providing unique membership experiences that foster community engagement and social interaction among members. Founded in 1957, Invited specializes in club memberships, offering access to an array of golf and country clubs for its members. Richard Baker serves as the CEO. Invited Clubs specializes in providing access to a diverse portfolio of over 150 golf and country clubs, as well as city clubs, aimed at enriching the lives of its members.
The core offerings include a membership model that allows individuals and families to access exclusive amenities such as golf courses, dining facilities, and event spaces. The clubs foster relationships and encourage community engagement among members, offering services designed to enhance social interaction and networking opportunities. Members also benefit from the ClubLine concierge service, which assists with bookings for tee times, dining reservations, and inquiries regarding membership benefits. Invited Clubs operates in multiple geographical markets across the United States, catering to a wide range of clientele, including families, professionals, and community leaders looking to connect and thrive in a vibrant social environment.
In the most recent year, Invited reported a revenue of USD 1,028,088,000 and an EBITDA of USD 222,886,000. The company's revenue model is structured around membership fees and various service charges associated with its offerings. Members pay an initiation fee followed by annual dues, which provide them with access to the company's extensive network of facilities and services. Transactions are primarily B2C, with members engaging directly with the clubs for their recreational and social needs.
Revenue is generated not only through membership fees but also from additional services like event hosting and dining experiences. The company’s flagship products include various membership tiers, which may offer differing levels of access and benefits, catering to the diverse preferences and expectations of its member base. Following the acquisition by Apollo Global Management in July 2017, Invited plans to leverage its resources to support growth initiatives. The rationale behind this acquisition is to bolster the company's expansion efforts.
Specific strategies include designing new products and enhancing existing membership offerings. The company is targeting the expansion of its geographical markets to reach a broader clientele across the United States. In April 2026, KSL Capital Partners agreed to acquire Invited Clubs from Apollo for approximately USD 3 billion including debt.
Current Investors
Apollo
Primary Industry
Travel & Leisure
Sub Industries
Recreational & Entertainment Facilities, Professional Sports/eSports, Fitness & Wellness Facilities
Website
www.invitedclubs.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Invited Clubs - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Announced | Invited Clubs | - | ||||||||
| Add-on, Spin-Off, Trade Sale | Completed | Invited's Stadium Club Division | - | ||||||||
| Add-on, Corporate Carve Out | Completed | Invited’s Management Services business | - | ||||||||
| N/A | Completed | Belmont Country Club, Brier Creek Country Club, Dominion Valley Country Club, Hasentree, Jupiter Country Club, Oak Creek Golf Club, Regency at Dominion Valley | - | ||||||||
| Public to Private, Secondary Buyout | Completed | Invited Clubs | - |
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