PE-Backed Country Club Operator To Raise $100M In IPO
Dallas-based ClubCorp, which is owned by New York private equity house KSL Capital Partners LLC, said it would use money raised in the IPO to pay down senior long-term debt. The company, founded in 1987 by the Dedman family, was acquired by affiliates of KSL in 2006.
In its prospectus summary, ClubCorp said annual membership...
To view the full article, register now.