Suggestions
Tom Bennison
Chief Development Officer at Invited, The World Leaders in Private Clubs
Tom Bennison is the Chief Development Officer at Invited, a company that is a leader in private clubs. Here are some key details about Tom Bennison:
Professional Experience
-
Current Role: Chief Development Officer at Invited since October 20181
-
Previous Roles:
Expertise
Tom Bennison is described as a skilled and creative dealmaker with 38 years of experience in the private club industry, including 23 years in Business Development.1 His key areas of expertise include:
- Acquisitions and concept development
- Investor relations and capital raising
- Real estate and sales
- Strategic planning and thinking
- Financial and membership metrics analysis
- Extensive transaction experience1
Career Achievements
- Consummated numerous private club acquisitions, leases, and management agreements contributing over $25 million in recurring EBITDA1
- Created the Bear's Best replication concept with Jack Nicklaus1
- Served as President and COO of The Owners Club, ClubCorp's fractional interest real estate1
- Involved in the development of newly formed city clubs, including site selection, lease review, and board of governors formation1
Education
- Associate's Degree in Liberal Arts and Sciences from Richland College and The University of Texas at Dallas1
- Studied Economics and Finance at The University of Texas at Dallas1
Tom Bennison's long career in the private club industry, particularly his extensive experience in business development and acquisitions, has positioned him as a key figure in the growth and expansion of Invited (formerly ClubCorp).
Highlights
Since 2010 Invited has acquired 13 member-owned clubs and these Clubs had two things in common:
- Need for Members
- Need for Capital Improvements In today’s high-interest rate environment, we are hearing from more and more member-owned clubs about the challenges they face securing financing for capital improvements. At Invited, we have both the capital and execution capabilities to improve the overall Member experience, and we are actively looking for clubs to invest in. Historically, these acquisitions have required capital of up to $5 million dollars for immediate improvements, most of which was spent on non-golf amenities such as restaurants, aquatics, and fitness. During the past two years, we have funded several Club repositioning’s in which significantly more than $5 million dollars was invested in our golf courses and practice facilities. We are happy to confidentially discuss how Invited can play a role in facilitating similar improvements to enhance the member experience at your club.
Through Invited’s strategic club acquisitions, we foster growth and sustainability through investment in your Club.
Here’s what we bring to the table:
-
Investment in Your Club- With the combination of capital and expertise, Invited is ready to invest in your club, delivering growth.
-
Extensive Experience- 60+ years of experience owning and managing private clubs.
-
Unprecedented Scale- Our portfolio of more than 150 clubs delivers savings across the entire supply chain.
-
Innovative Use of Technology and Programming- Continuous development of products, playbooks and technologies that drive the member experience.
Know of a private club in need of our services? Send me a message and we are more than happy to start the conversation.
#InvitedClubs
