Troutman Pepper Locke advised Concert Golf Partners, an upscale, private club-focused investment company, in its acquisition of the historic Penn Oaks Golf Club in West Chester, Pa., from an ownership group led by brothers John and Steve DiMarco.
Based near Orlando, Concert Golf Partners is committed to acquiring the finest clubs in the U.S. and elevating the member experience through ongoing reinvestment and premium service. Penn Oaks is the 37th upscale private club to join the Concert Golf portfolio, and the fourth in the Pennsylvania-New Jersey region, following White Manor Country Club (Malvern, Pa.), Philmont Country Club (Huntingdon Valley, Pa.), and TPC Jasna Polana (Princeton, N.J.).
Located on 130 acres of land granted by King Charles II to Pennsylvania founder William Penn during the pre-Colonial era, the club’s storied history serves as an integral part of its culture. In 1965, the par 71, 6,610-yard championship golf course was designed by architect Russell Roberts and set along land that long predates the Revolutionary War.
The team advising Concert Golf Partners in the acquisition was led by Michael Whitton and included Benjamin Gourley and Alexis Herskowitz.