The investor group from China established locally as Founders Group International has become the largest owner and operator of golf courses in the Myrtle Beach market.
The company has acquired the majority of National Golf Management’s assets, giving it a vested interest in 22 courses (423 holes) on the Grand Strand.
National Golf Management had been the largest owner/operator in the market with the 12 courses that it both owned and operated and an additional five run through management contracts and/or leases.
The courses acquired in the transaction stretch from Pawleys Island to Little River. They are: Long Bay Club; Pine Lakes Country Club; Grande Dunes Resort Course; River Club; Pawleys Plantation; Willbrook Plantation; Litchfield Country Club; the King’s North, SouthCreek and West courses at Myrtle Beach National Golf Club; and the Palmetto and PineHills courses at Myrtlewood Golf Club.