Invited Announces the Acquisition of Ravinia Green Country Club in Chicago
DALLAS - Invited – The World Leader in Private Clubs® (NYSE: MYCC) – announces the acquisition of Ravinia Green Country Club a private, previously member-owned club in upscale Riverwoods, Illinois, located 30 minutes north of Chicago in the North Shore. The acquisition marks the first country club in the Chicago area for Invited, which currently owns and operates The Mid-America Club in the Aon Center and The Metropolitan Club in Willis Tower in downtown Chicago. Invited plans a million-dollar reinvention project that will include renovations and upgrades to the golf course, clubhouse and pool complex.
The addition of Ravinia Green continues the expansion of Invited’s overall portfolio of owned and operated clubs, which has increased now by more than 35 percent since the company’s IPO in September 2013. Invited’s portfolio now stands at over 200 clubs in 26 states, the District of Columbia, Mexico and China.
“We are very excited to be establishing a golf presence in Chicago, where we currently have two highly successful business clubs,” said Eric Affeldt Invited president and CEO. “Ravinia Green – a world-class golf club in one of the most traveled cities in the country – will serve as the perfect complement to Invited’s portfolio of clubs.”
Ravinia Green, the pre-eminent, family-friendly club in Riverwoods, features an 18-hole championship golf course, six outdoor Har-Tru tennis courts and an aquatics complex with three outdoor swimming pools and a playground. Amenities also include a clubhouse offering upscale and casual dining, a second-level outdoor terrace, private dining rooms and a majestic ballroom.
“The members look forward to being a part of the Invited family, because of the many benefits Invited brings and their vision for the future of the club,” said Joel Schneider, president of the Ravinia Board of Governors.
Ravinia members will be able to enjoy Invited's unique O.N.E. program, which provides value-oriented benefits at the member's Home Club, in their Community and Worldwide benefits that include complimentary green fees and complimentary dining when traveling throughout the Invited 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 Invited (NYSE: MYCC)
Since its founding in 1957, Dallas-based Invited has operated with the central purpose of Building Relationships and Enriching Lives®. Invited 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, Invited 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. Invited Holdings, Inc. is a publicly-traded company on the New York Stock Exchange (NYSE: MYCC). Invited 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 Invited on Facebook at facebook.com/Invited and on Twitter at @Invited.
About Invited
Since its founding in 1957, Dallas-based Invited has operated with the central purpose of Building Relationships and Enriching Lives®. The leading owner-operator of private golf and country clubs, city and stadium clubs in North America, Invited is relentless in its pursuit of providing extraordinary experiences, meaningful connections, shared passions and memorable moments for its more than 430,000 members. With approximately 20,000 peak-season employees and a portfolio of over 200 owned or operated golf and country clubs, city clubs, sports clubs, and stadium clubs in 27 states, the District of Columbia and two foreign countries, Invited creates communities and a lifestyle through its championship golf courses, work spaces, handcrafted cuisine, resort-style pools, tennis facilities, golf lounges, fitness centers and robust programming.
Invited properties include: Firestone Country Club (Akron, Ohio); Mission Hills Country Club (Rancho Mirage, California); The Woodlands Country Club (The Woodlands, Texas); and The Metropolitan in Chicago. You can find Invited on Facebook at facebook.com/Invited and on Twitter at @InvitedClubs.