Good Sam Continues Divestments; Sells Golf Card Intl.

March 12, 2012 by   - () Comments Off on Good Sam Continues Divestments; Sells Golf Card Intl.

Good Sam Enterprises LLC today (March 12) announced the sale of Golf Card International to Simmons Venture Group LLC, effective March 1, 2012. 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 & 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.

Good Sam Enterprises and its wholly owned subsidiaries serve the safety, security, comfort and convenience needs of the North American outdoor and recreational vehicle market. It is the parent company of Woodalls’ Campground Management and

Golf Card International was founded in 1974 with a simple idea: find a way to help golfers save money on the high cost of green fees. To do this, GCI built a network of affiliated golf courses that would provide savings to the avid golfers who constitute the membership. After nearly 40 years, Golf Card has provided savings to hundreds of thousands of member golfers and is now accepted at nearly 3,000 golf courses in the U.S., Canada and the Caribbean.



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