Heritage Golf Group acquires North Carolina courses

Heritage Golf Group has announced the acquisition of Compass Pointe Golf Club and Magnolia Greens Golf Club, both in Wilmington, North Carolina. These represent Heritage’s seventh and eighth acquisitions in 2024, bringing its total club count to 41. Selected by Renaissance Golf Group as the buyer for these clubs, the acquisitions mark Heritage Golf Group’s third and fourth properties in North Carolina, joining Cape Fear National and Brunswick Plantation Golf Club.

Both Compass Pointe and Magnolia Greens are located within a 15-mile radius of Cape Fear National Golf Club. This acquisition continues Heritage Golf Group’s dedication to expanding its presence on the coast of the Carolinas, with five clubs added to the region over the past two years, spanning from Myrtle Beach, SC, to Wilmington, NC.

“We recognize that the Wilmington, North Carolina area is a rapidly growing market driven by an attractive lifestyle. We’re excited to further that momentum and expand our presence there,” chief revenue officer Andy Miller said.

Compass Pointe Golf Club is a private golf club featuring an 18-hole championship course designed by North Carolina native Rick Robbins. Known as both a challenging and enjoyable course, it features large undulating greens and a scenic Carolina landscape. The course measures 7,228 yards. The club also features practice facilities, including a driving range, short game area, and putting green.

Magnolia Greens Golf Club, the second acquisition, is a semi-private club featuring a 27-hole championship course designed by Tom Jackson. Magnolia Greens has hosted numerous PGA Tour and USGA qualifying events.

“Heritage Golf Group brings extensive experience and a successful track record to the table, as well as a deep commitment to maintaining the standard of excellence we’ve set at Compass Pointe and Magnolia Greens,” Renaissance Golf Group’s Steve Saieed said. “We are confident Heritage will lead both clubs into the future with a forward-looking vision that respects each club’s history and culture, prioritizes member experience, and optimizes operations at both clubs.  Our members are in good hands with Heritage Golf Group.”