Arcis Golf Reaches $2 Billion Valuation, Buys Three Atlanta Courses

Arcis Golf, a privately held chain of courses majority backed by investment firm Atairos, has bought three golf clubs in the Atlanta-area from larger competitor Invited.

The second-biggest owner and operator of US golf facilities, Arcis is now valued at $2 billion including debt, according to people familiar with the matter, who asked not to be identified because the information is private.