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ClubLink Expands with Acquisition of Deer Creek

Story Highlights

TWC Enterprises Ltd. ( (TSE:TWC) ) just unveiled an announcement.

ClubLink Corporation ULC, a subsidiary of TWC Enterprises Limited, has acquired Deer Creek, a prominent golf and event complex in Ajax, Ontario, for $45 million. This acquisition is expected to enhance ClubLink’s offerings and strengthen its position in the golf and hospitality industry by continuing the legacy of providing excellent service and facilities, originally established by the Coughlan Family.

More about TWC Enterprises Ltd.

TWC Enterprises Limited, under the trademark ‘ClubLink One Membership More Golf,’ is Canada’s largest owner, operator, and manager of golf clubs. It operates 47 championship and two academy courses across 35 locations in Ontario, Quebec, and Florida.

YTD Price Performance: -1.63%

Average Trading Volume: 1,458

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$426.6M

Find detailed analytics on TWC stock on TipRanks’ Stock Analysis page.

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