Source: Bay Club
SAN FRANCISCO, CALIF. (JUNE 6, 2017) — The Bay Club Company (“Bay Club”), a California-based hospitality company, today announced the acquisition of Manhattan Country Club (“MCC”), continuing its growth of luxury properties in the California marketplace. Manhattan Country Club will complement the current offerings that Bay Club is recognized for—and further expand their Four Points of Focus: fitness, sports, hospitality, and family.
Over the past decade, Manhattan Country Club has undergone major renovations to build the premier swim, tennis and hospitality membership in the Los Angeles beach cities marketplace, including a 6,000-square-foot fitness and group exercise facility, 18 hard-surface tennis courts; paddle tennis, squash, and racquetball courts; and a 25-meter outdoor swimming pool. Hospitality offerings at Manhattan Country Club include the Poolside Bar + Grill for upscale, casual quick service; Atrium + Terrace for a more elegant, relaxed fine-dining experience; The Bar, featuring a full service menu, coffee, tea, artisan cocktails, local beers, and boutique wines; and The Wine Lounge, with 12 rotating wines on tap.
“We continually seek out strategic opportunities that add value and upgrade our membership experience,” says Bay Club President and CEO Matthew Stevens. “Manhattan Country Club’s state-of-the-art amenities and offerings perfectly complement those found at our swim and tennis clubs, sports resorts, and golf and country clubs.”
This addition follows the Bay Club’s 2016 acquisitions of Fairbanks Ranch Country Club in Rancho Santa Fe, CA, and Boulder Ridge Golf Club in San Jose, CA. Now with Manhattan Country Club, the company operates 23 locations across seven California campuses, located within the San Francisco, San Jose, Los Angeles and San Diego markets.
Celebrating its 40th anniversary this year, the Bay Club is best known for its sports resort model, which typically includes 12 to 18 indoor/outdoor tennis courts, 2 to 4 indoor/outdoor swimming pools, and 60,000 to 80,000 square feet of clubhouse amenities, which are consistent with those found at Manhattan Country Club. Their most recognized sports resorts include Bay Club Carmel Valley in Del Mar, CA, Bay Club Courtside in Los Gatos, CA, and Bay Club Redwood Shores in Redwood City, CA.
“We look forward to bringing the best the Bay Club has to offer to this renowned and respected country club and member community,” says Bay Club COO Kevin Klipfel. “We are targeting opportunities for current members of MCC to receive access to our collection of clubs in Los Angeles, further enhancing the value of their current membership with access to our industry-leading fitness programs and services.”
Manhattan Country Club is located at 1330 Parkview Avenue, Manhattan Beach, CA 90266. For more information about The Bay Club Company, please visit bayclubs.com.
About The Bay Club Company
Headquartered in San Francisco, California, The Bay Club Company is an active lifestyle and hospitality enterprise with a network of modern country clubs that welcomes more than 50,000 memberships. The company operates 23 locations across seven California campuses located within the San Francisco, San Jose, Los Angeles and San Diego markets, employing more than 3,400 people. For more information on The Bay Club Company, please visit BayClubs.com or its blog, OneLombard.com. The Bay Club Company is also on Facebook and Instagram.
About York Capital Management
York Capital Management is an investment firm that was established in 1991. The firm pursues a multi-strategy investment style and manages over $16 billion. The primary offices are in New York, London, and Hong Kong. York Capital Management made a majority investment in The Bay Club Company in June 2014.