NGF TOP 100 BUSINESSES IN GOLF
Blake S. Walker, Chairman, CEO and President
Jim M. Oliver, Chief Operating Officer
Julian C. Potter, Chief Financial Officer
Scott V. Siddons, General Counsel
Chris J. Crocker, Chief Marketing Officer
Established in March 2013, privately held Arcis Golf has gone from a small start-up to one of the largest owner-and-operators of golf facilities in the U.S.
Dallas-based Arcis is truly more of an owner-operator than a management company, managing only six of the 58 golf facilities it owns across 16 states. The company operates exclusive private club and resort-style properties, as well as daily-fee golf courses.
Ranked No. 171 on the 2017 Inc. 5000 list, which recognizes the fastest-growing private companies in America, it also earned the No. 2 rank in the Travel & Hospitality category.
With 2,456% growth in revenues over a three-year period, Arcis Golf’s growth was over 400% higher than the average of the fastest growing companies on the Inc. 5000 list. CEO Blake Walker called the recognition an honor and tribute to the company’s innovative approach.
“We are finding and implementing new ways to engage our customers, through unrivaled programming and amenities, game-changing technology, and unprecedented experiences,” said Walker, who is also CEO and managing partner of Arcis Equity Partners. Prior to founding Arcis, Walker was an executive with several global private equity and leisure firms, making leveraged investments in under-performing, mismanaged and under-capitalized projects.
The company’s biggest purchase to date came in late 2014, when it acquired 46 courses from CNL Lifestyle Properties for $306 million.
Arcis operates 16 courses in its home state of Texas, the most in its portfolio, but also works with at least five properties in Arizona, California, Illinois and Ohio.
Arcis’s roster of properties ranges from to resort-style daily-fee courses like Cowboys Golf Club outside Dallas to private clubs like The Club at Snoqualmie Ridge in Washington.
In a relatively short time, Arcis Golf has made a distinct impression with aggressive growth and a rapidly expanding course portfolio. Financial backing from Fortress Investment Group, a New York-based private equity firm, has certainly helped fuel that momentum, but so has a focus on lifestyle experiences at its facilities, with a special emphasis on off-course amenities.