CST: 29/08/2016 23:54:56   

ClubCorp Acquires Marsh Creek Country Club in St. Augustine, Florida

208 Days ago

Located in Upscale St. Johns County, Marsh Creek Offers Golf, Dining, Tennis and Fitness

DALLAS, TX --(Marketwired - February 03, 2016) -  ClubCorp -- The World Leader in Private Clubs® (NYSE: MYCC) -- announces the acquisition of Marsh Creek Country Club, a premier private country club in St. Augustine, Florida. ClubCorp plans a capital project that will bring new amenities, improvements and upgrades to the club.

"Marsh Creek is a beautiful facility offering one of the finest experiences in North Florida," said Eric Affeldt, ClubCorp president and CEO. "With an active membership base, Marsh Creek is a perfect complement to our nearby clubs and to the rest of the ClubCorp Network."

Marsh Creek Country Club marks the 10th club acquired by ClubCorp in the past 13 months. The company's presence in the Jacksonville area also includes Deercreek Country Club, Queen's Harbour Yacht and Country Club and the University Club of Jacksonville located in the heart of downtown, as well as LPGA International in Daytona Beach.

"ClubCorp is an ideal fit for the members and community," said Roger O'Steen, president and owner of Marsh Creek Club Corp, original developer of the Marsh Creek Country Club Community, and owner of the club for the past 29 years. "They are committed to quality and offer members such a great experience at all their clubs." O'Steen also is the founder and chairman of the PARC Group, the developer of Nocatee, Pablo Creek Reserve, Crosswater at Pablo Bay and other prominent northeast Florida communities.

Marsh Creek features an 18-hole golf course, situated between the gated community homes and natural marshland, designed by former PGA touring professional, Mark McCumber. Amenities include a clubhouse offering upscale and casual dining, Tennis Center with 10 Har-Tru clay courts (six of which are lighted for night play), fitness and aerobics rooms, pool, and private event space.

Marsh Creek members will be able to enjoy ClubCorp's unique O.N.E. program, which provides value-oriented benefits at the member's Home Club, in addition to their Community and Worldwide including complimentary green fees and complimentary dining when traveling throughout the ClubCorp Network, which now offers access to more than 300 private clubs and special offerings at more than 1,000 hotels, resorts and entertainment venues.

About ClubCorp (NYSE: MYCC)

Since its founding in 1957, Dallas-based ClubCorp has operated with the central purpose of Building Relationships and Enriching Lives®. ClubCorp is a leading owner-operator of private golf and country clubs and private business clubs in North America. ClubCorp owns or operates a portfolio of over 200 golf and country clubs, business clubs, sports clubs, and alumni clubs in 26 states, the District of Columbia and two foreign countries that serve over 430,000 members, with approximately 20,000 peak-season employees. ClubCorp Holdings, Inc. is a publicly traded company on the New York Stock Exchange (NYSE: MYCC). ClubCorp properties include: Firestone Country Club (Akron, Ohio); Mission Hills Country Club (Rancho Mirage, California); The Woodlands Country Club (The Woodlands, Texas); Capital Club Beijing; and Metropolitan Club Chicago. You can find ClubCorp on Facebook at facebook.com/clubcorp and on Twitter at @ClubCorp.

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Patty Jerde
Communications Manager
972-888-7790

Frank Molina
Vice President, Investor Relations and Treasury
972-888-6206