Morningstar's president and owner, Matthew Galvin, announced the acquisition of NGM, Inc., the operator of the award-winning Miacomet GC located on Nantucket Island, Massachusetts as well as the 9-hole 'Sconset GC, both managed under contract with the Nantucket Island Land Bank. Miacomet co-hosted the 2021 USGA Mid-Amateur Championship with Sankaty Head Golf Club
Exeter Township, PA has retained MGH under a multi-year contract to manage and operate the food and beverage facilities at Reading Country Club.
MGH was selected by the new owners of Greate Bay CC in Somers Point, NJ to provide comprehensive management services for this private club founded in 1923.
It was announced by the European Tour and Ryder Cup Europe that The London Golf Club is a finalist to host the 2031 Ryder Cup.
The London GC has been selected by the European PGA Tour to host the 2021 Cazoo Classic / English Open from August 12th - 15th.
Morningstar Golf and Hospitality has been retained by Nantucket Golf Management to provide strategic and operational consulting for Miacomet Golf Club, located on Nantucket Island. Miacomet is an award-winning public golf course owned by the Nantucket Land Bank and managed by Nantucket Golf Management. Miacomet co-hosted the 2021 USGA Mid-Amateur Championship with Sankaty Head Golf Club.
After months of planning and engineering, Fox Hollow Golf Club has received zoning and sewer approvals to build 240 age-restricted housing units on the "back 9" of the golf course, with an estimated construction start date in early 2023.
Matthew Galvin, Morningstar's President & CEO has joined the board of directors of Lyman Farms, Inc. Founded in 1741 and one of the oldest privately-held companies in the United States, Lyman Farms of Middletown, CT owns Lyman Orchard Golf Courses, with two 18-hole courses designed by Gary Player and Robert Trent Jones as well as a 9-hole course, golf simulators and an award-winning golf academy. Lyman Farms also has business operations in wholesale and retail food production, agritourism and a new business producing hard cider.
Morningstar Golf and Hospitality has been retained by the Renault Resort to provide management advisory servies under a multi-year contract. Vineyard National at Renault golf course is situated among the vineyard of a 155 year old winery. The resort was purchased by investors with a track record of successful hotel and resort turn-arounds, who will completely renovate the 50 room hotel, event center, vineyard and tasting rooms. MGH will focus on golf operations and course maintenance.
MGH has been selected to provide comprehensive club management services to the London Golf Club located in Seven Oaks, Kent, United Kingdom, a suburb of London. The LGC is an award-winning 36-hole semi-private country club with two courses designed by Jack Nicklaus. The LGC is a venue of the European PGA Tour and will host the ET PGA Staysure Tour in August 2018. In connection with this assignment, Morningstar's President and CEO, Matthew Galvin, has been named Chairman of London Golf Club, Plc.
Matthew Galvin, Morningstar's President and CEO, completed the purchase of Fox Hollow Golf Club located in Branchburg, NJ. In partnership with several local partners as well as Peter Hill, CEO of Billy Casper Golf. Morningstar will oversee the daily operations of the 50-year-old semi-private golf club. Billy Casper Golf will also provide strategic operating platform resources.
Wildwood Golf and Country Club completed a multi-million dollar recapitalization that retired all of the clubs liabilities, provided signifiant funds available for strategic capital improvements and initiated a process to reposition and rebrand the private golf club as The Shore Club, led by the strategic management of Morningstar Golf.
The board of directors of Wildwood Golf and Country Club located in Cape May Courthouse, NJ have selected MG&H to manage all facets of the 100-year-old private club's operations. MG&H will lead the club through a million recapitalization, rebranding and growth project. WG&CC is a classic waterfront golf club, frequented by Arnold Palmer during his days stationed in Cape May, NJ while serving in the US Coast Guard.
A private equity investor with private country club holdings has retained MG&H to advise them on asset valuation and sale negotiation.
Morningstar has been retained by the City of Palm Coast, Florida to oversee management transition and comprehensive business planning for the Palm Harbor Golf Course as well as the city's tennis center.
In addition, Morningstar has been hired by The Concession Golf Club located in Bradenton, FL to provide operational and strategic planning services to this award-winning exclusive private club.
Morningstar has been retained by a private lender to provide an operational audit and analysis of a high quality private country club.
Morningstar's turn-around of The Wanderers Club is named among "Most Improved Golf Courses" by GolfInc. Magazine.
Morningstar was selected by Forbes Magazine to provide golf course and country club valuation services in support of its annual Forbes 400 edition, evaluating the US golf holdings of Donald Trump.
Morningstar is pleased to announce the hiring of Ms. Kelley Nigra to serve as Food and Beverage Manager at Bensalem Township CC. Kelley boasts an accomplished career in hospitality management, including most recently F&B Manager at Tallamore CC. At Bensalem CC Kelley will lead the team in growing the business volume as well as elevating service levels at this facility under MG&H's management.
MG&H was selected by the Saratoga Golf and Polo Club located in Saratoga Springs, NY to provide advisory services in the area of membership research and planning.
MG&H was selected by the Township of Bensalem, PA to manage the food and beverage facilities at the Bensalem Country Club under a muti-year agreement to implement marketing and operational strategies developed by the Morningstar team.
Two multi-year management contract projects with the objective of improving the clubs' net income in preparation for eventual sale by the client were sold for a combined gross selling price in excess of million.
Congratulations to our own Golden Oaks GC for being named in the Top 25 in the USA for off-course amenities by Golf Advisor. Read more at: http://www.golfadvisor.com/articles/top-25-off-course-amenities-2015-15655.htm
MG&H was selected by the Township of Bensalem, PA to conduct an operational business audit and analysis of Bensalem Golf Club to identify revenue growth and expense management opportunities.
MG&H was selected by a private real estate investment fund to provide acquisitions due diligence in connection with their acquisition of a multi-state portfolio of public golf courses and country clubs.
Toll Brothers, Inc., the nation's leader in high-end residential production housing, unveiled its marketing program for The Enclave at Shackamaxon. The housing project, situated within the A.W. Tillinghast-designed Shackamaxon CountryClub, is an age restricted community of 56 townhomes. MG&H's Matthew Galvin was instrumental in negotiating the required governmental approvals, sale and development of this parcel to greatly enhance the value of the country club. More information on the project can be found at: https://www.tollbrothers.com/luxury-homes-for-sale/New-Jersey/Enclave-at-Shackamaxon
MG&H was selected by the city of East Orange, NJ to provide assistance with the issuance of a Request For Proposals for the city's golf course located in Short Hills, NJ. The golf course is undergoing a complete renovation and will reopen in 2016. MG&H's services focus on emilinating financial and operating risks to taxpayers by outsourcing food service and pro shop operations.
MG&H was selected by the ownership of Golden Oaks Golf Club in Fleetwood, PA to oversee all aspects of the semi-private club's operations under a multi-year management contract. MG&H joint ventured certain aspects of this project with Raspberry Golf Management, based in Leesburg, VA as part of a multi-property investment and management initiative between the two firms. LaMott Smith, a principal of RGM and MG&H's Matthew Galvin have collaborated on projects for more than 20 years and look forward to adding Golden Oaks to their list of success stories.
MG&H was selected by the member-ownership of Yardley Country Club to oversee the club's transition from third-party management to self-management, under the operational guidance from MG&H's staff.
MG&H was selected by the ownership of Paramount Country Club to provide due diligence and business planning services in connection with their purchase of Edgewood Country Club located in Rivervale, New Jersey.
MG&H was retained by a leading multi-course owner / operator to provide strategic planning services in connection with the placement and structuring of a multi-million dollar debt and equity investment.
Morningstar Golf & Hospitality was selected by the City of Brigantine Beach, New Jersey to provide advisory services in connection with the development and offering of a request for proposals to lease and operate the Links at Brigantine Beach Golf Course. The principals of MG&H have provided similar services to state and local governments seeking to privatize their golf courses and protect taxpayers from the financial risks associated with operating golf facilities.
MG&H's Matthew Galvin met with members of New Jersey's delegation to Congress as part of National Golf Day. Along with a coalition of the game’s leading associations and industry partners, including Jack Nicklaus, Galvin visited Capitol Hill for the seventh annual National Golf Day to showcase golf’s nearly billion economy, billion annual charitable impact, environmental value to local communities and fitness benefits.
Golf’s leaders met with Members of Congress throughout the day to share stories about the game’s almost 15,000 diverse, small businesses, which employ more than two million people and provide .6 billion in annual wage income. In addition, industry executives discussed golf courses’ positive influences on ecology, tax revenues and tourism. They even explained how walking 18 holes can burn 2,000 calories.
Organizations participating included the Club Managers Association of America, Golf Course Superintendents Association of America, Ladies Professional Golf Association (LPGA), National Golf Course Owners Association, PGA of America (PGA), PGA TOUR, United States Golf Association, United States Golf Manufacturers Council, World Golf Foundation and others.
National Golf Day featured a day-long exhibit in the Cannon Caucus Room with live lessons for Members of Congress and staff from 2012 PGA Teacher of the Year Michael Breed, host of “The Golf Fix” on Golf Channel, and LPGA Professional Dana Rader. Special exhibits and activities included a “Closest to the Pin” contest utilizing an aboutGolf simulator; state-of-the-art swing analysis from GolfTEC; Birdie Ball, the latest at-home training technology; and a Republican vs. Democrat “Putting Challenge.”
Morningstar Golf & Hospitality was selected by Forbes magazine to provide expert analysis of golf related assets held by candidates for the 2014 Forbes 400 list. Our evaluations covered private country clubs, daily fee golf courses and resort golf courses from Scotland to five US states from New York to California. This was the fourth year in which Morningstar or its principals provided Forbes with golf asset analysis for the annual article.
Matthew Galvin is elected president of the National Golf Course Owner's Association. Full story via the following link: http://www.golfbusiness.com/article.aspx?id=2853&bq=6yfv%5Eg433$
Matthew Galvin will be presenting: "Getting Unstuck: How to Reboot Your Course and Your Finances - ways to restructure your existing debt and membership structure" at the Golf Industry Show in Orlando, Florida. Joining him will be Jerry Hinckley of Leisure Financial Group and Van Tengberg, Esq. of Foley & Lardner, LLP. http://www.ngcoa.org/ac2014/