Heritage Golf Group has acquired the historic Colonial Country Club located in Memphis, TN. The acquisition brings Heritage’s portfolio to 43 clubs nationwide.
Colonial Country Club is home to a nationally recognized South Course, which has hosted more than 30 PGA Tour events, including the FedEx St. Jude Classic.
In addition to its iconic golf course, Colonial features an expansive practice facility with a full-length driving range, two Bermuda grass putting greens, and a short game area. The club has six Har-Tru tennis courts, an Olympic-sized swimming pool, a fitness center, and a 35,000-square-foot Southern-style clubhouse.
The club has also been the site of some of golf’s most memorable moments, including President Gerald Ford’s famous hole-in-one on the 5th hole, quickly dubbed the “Shot Heard Around the World,” and Al Geiberger’s record-breaking round of 59 during the 1977 Danny Thomas Memphis Classic.
“Acquiring such a historically significant club in a dynamic new market for us is incredibly exciting,” said Eric Boberg, Executive Vice President of Operations at Heritage Golf Group. “Colonial has a strong reputation in the game of golf, and we’re honored to carry its legacy forward while introducing a new era of elevated member experiences.”
Heritage Golf Group has immediate plans to implement a comprehensive multimillion-dollar capital improvement plan aimed at reimagining and revitalizing the clubhouse, dining venues, lifestyle amenities, and overall member experience.
“Colonial is home to one of the most iconic courses in the region and we see incredible potential to elevate the rest of the club to that same standard,” Boberg said. “Our goal is to make meaningful enhancements early on and create a modern, vibrant club that honors its historic legacy.”
Since purchasing Heritage Golf Group in January 2020, the current ownership and leadership team has grown the company to include 43 clubs across the U.S. With its home office in northern Virginia, just outside Washington, D.C., Heritage clubs are located in Alabama, Colorado, Florida, Georgia, Illinois, Missouri, New Jersey, New York, North Carolina, Ohio, South Carolina, Tennessee, Virginia, Michigan, and Wisconsin.
The company continues to grow by acquiring a mix of private country clubs in residential communities, member-owned clubs with growth potential seeking strategic alternatives, and premium daily-fee and resort golf properties in major resort destinations and metropolitan markets.
Photo: Colonial Country Club (Heritage Golf Group