Company Research Report: Invited (formerly ClubCorp)

Company Overview

• Name: Invited (formerly known as ClubCorp)

• Mission: Building Relationships & Enriching Lives®. Invited aims to provide first-class amenities, industry-leading benefits, and unparalleled service to its members and guests.

• Founded: 1957 by Robert H. Dedman Sr.

• Key People:

• David Pillsbury – Chief Executive Officer

• Robert Morse – President & Chief Operating Officer

• Andrew Lacko – Chief Financial Officer & Treasurer

• Emily Decker – Chief Legal Officer

• Sherry Vidal-Brown – Chief People Officer

• Peter Kent – Chief Commercial Officer

• Other key executives include Meg Tollison, Brian Koch, Tom Bennison, Vladimir Anokhin, Chuck Feddersen, and Ron Vlasic.

• Headquarters: 5221 North O'Connor Blvd., Suite 300, Irving, TX 75039

• Number of Employees: Approximately 20,000 peak-season employees

• Revenue: No information is available

• Known For: Being the largest owner and operator of private golf and country clubs, and city clubs in North America.

Products

Invited operates various types of clubs which encompass diverse services and amenities:

Golf & Country Clubs

• Description: Offer members exclusive access to numerous private, semi-private, and public golf courses designed by leading golf course architects.

• Key Features:

• Professional golf instruction, clinics, and social and competitive events.

• Racquet sports facilities, with over 600 courts nationwide.

• Wellness facilities including gyms, exercise classes, personal training, and spa services.

• Multiple pools with resort-style amenities.

• Elevated dining experiences curated by executive chefs with a vast wine, beer, and cocktail selection.

City Clubs

• Description: Located in major business districts, offering professionals spaces for work, networking, and relaxation.

• Key Features:

• Casual workspaces and private boardrooms.

• Specialized events for networking and idea-sharing.

• Dining, lounges, and bars to facilitate socializing and meetings.

Recent Developments

New Products and Features

• Junior Golf Program: Invited developed the Crush It! Junior Golf program providing golf instruction and skill development for young golfers.

• Celebrity Involvement: Partnered with Jordan Spieth for the Crush It! Cup, a youth golf tournament raising $250,000 for charity, highlighting the program’s broad reach and positive impact on junior golf and communities.

New Partnerships

• Tecnifibre Partnership: Invited has partnered with Tecnifibre, becoming their official racquet sports partner, solidifying their offerings in tennis equipment across their clubs.

• Jordan Spieth Strategic Partnership: Invited brought on Jordan Spieth as a strategic advisor and brand ambassador to enhance their community initiatives and charitable efforts.

Acquisitions

• Invited continues to expand its portfolio with acquisitions including prestigious clubs and new locations in key markets across the country.

Conclusion

Invited, with its rich history since its founding in 1957, remains a pioneering force in the private club industry. Known for its expansive reach with 170 golf and country clubs, Invited offers a comprehensive lifestyle experience to nearly 400,000 members. The company focuses on consistent innovation, community engagement, and enhancing member experiences through strategic partnerships and facility expansions.