Good Sam Sells Off ‘Golf Card International’ Unit
Good Sam Enterprises LLC today (March 12) announced the sale of Golf Card International to Simmons Venture Group LLC, effective March 1. Terms of the sale were not released. Good Sam Enterprises has owned Golf Card since 1990.
“We are pleased to sell Golf Card to Simmons Venture Group as they will be able to take the club to the next level,” said Marcus Lemonis, chairman and CEO of Good Sam Enterprises. “The sale of Golf Card will also allow Good Sam Enterprises to focus on other core competencies of our business.”
Golf Card members receive free or discounted green fees at nearly 2,700 golf courses across the U.S., Canada and the Caribbean. Members also receive discounts on Stay & Play packages at almost 150 golf resorts, plus a monthly e-newsletter, discounts on car rental, access to the Golf Card website which contains valuable membership information and other benefits.