The Dormie Network is adding a new club to its stable for its national membership model.
The Nebraska-based clubowner, headed by the Peed family, has an agreement in place to purchase Hidden Creek Golf Club in Egg Harbor Township, just outside Atlantic City, N.J.
“My wife, Edwina, and I felt that now is the best time to pass the ownership along to someone else, but only to a new owner who shares the same vision for the club that we have,” Hansen said in a statement, according to the Press of Atlantic City.
“While it was a difficult decision, we feel confident that we are doing the right thing for the club and leaving it in the hands of an ownership group that has a passion for the game of golf and will continue to build on the tradition of quality, service and camaraderie we have established at Hidden Creek."
The transaction for the club, which was designed by Bill Coore and Ben Crenshaw and opened in 2002, is expected to close in January.
Hidden Creek becomes the sixth club in the Dormie Network, joining Victoria National Golf Club (Evansville, Ind.), ArborLinks (Nebraska City, Neb.), Dormie Club (Pinehurst, N.C.), Ballyhack Golf Club (Roanoke, Va.) and Briggs Ranch Golf Club (San Antonio, Texas).
The Peed family, which made their money from their livestock holdings and magazines, created the Dormie Network in 2016, purchasing distressed top-tier clubs in an effort to build a network of destination clubs for its national members.
This purchase is another headline for the Dormie Network, as the ownership group signed a 10-year deal with the Web.com Tour and United Leasing and Finance to bring the season-ending Web.com Tour Championship to Victoria National Golf Club.