ClubCorp Announces the Acquisition of Oro Valley Country Club

DALLAS, Dec. 4, 2014 /PRNewswire/ -- ClubCorp – The World Leader in Private Clubs^® (NYSE: MYCC) – announces the acquisition of Oro Valley Country Club, a private previously member-owned club located in northwest Tucson at the base of the Santa Catalina Mountains. ClubCorp plans a million-dollar reinvention project that will include improvements to the golf course, clubhouse and outdoor patio.

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The addition of Oro Valley continues the rapid expansion of ClubCorp's overall portfolio of owned and operated clubs, which has increased by 35 percent since the company's IPO in September 2013. ClubCorp's portfolio of owned and operated clubs now stands at over 200 clubs in 26 states, the District of Columbia, Mexico and China.

"We are very excited to reinforce our commitment to external growth by adding Oro Valley Country Club – and the Tucson market – to the ClubCorp Network," said Eric Affeldt, ClubCorp's president and CEO. "The club features an outstanding desert course that is not only beautiful but very playable. I think our members from throughout the country will enjoy visiting Oro Valley and the beautiful Tucson area." ClubCorp clubs in Arizona include Anthem Golf & Country Club and Seville Golf & Country Club, both outside of Phoenix, and Gainey Ranch Golf Club in Scottsdale.

"Oro Valley members are very enthusiastic about ClubCorp – the value to membership that the ClubCorp Network brings, the company's commitment to capital improvements and their history of success and leadership in the industry," said Susan Wright, president of Oro Valley board of directors.

The site of various high-profile tournaments through the years, including the Ladies Pac-10, Southwest Amateurs and qualifying rounds for the U.S. Open and Arizona Open, the Oro Valley parkland-style 18-hole golf course boasts Bentgrass greens and overseeded Bermuda fairways and roughs during the winter months. The course's signature 18^th hole – shaded by Pusch Ridge and featuring a lake and waterfall – is widely known as one of the best finishing holes in Arizona.

Oro Valley's 28,000-square-foot clubhouse features a grill, men's and women's card room, state-of-the-art fitness center, a 3,200-square-foot ballroom offering stunning views of the mountains and golf course and an additional 6,000 feet of outdoor covered space.

Oro Valley 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 their Community and Worldwide. Benefits include complimentary green fees and complimentary dining when traveling throughout the ClubCorp Network, which now includes more than 300 private clubs and access to 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. With its recent acquisition of Sequoia Golf, ClubCorp now 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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SOURCE ClubCorp, Inc.

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