The Bay Club Company Acquires Manhattan Country Club for $73 million
The Bay Club Company Acquires Manhattan Country Club as part of its expansion program.
The Bay Club Company recently announced that it acquired the Manhattan Country Club (MCC) in Manhattan Beach, California, for $73 million. MCC is a private club offering high-end tennis, fitness, recreation, dining and catering facilities to its members.
The MCC acquisition is part of The Bay Club Company’s initiative to expand into other California markets south of San Francisco, the company said. Since 2015, this has included the acquisition of 11 Spectrum Athletic Clubs in the Los Angeles area, as well as forays into San Diego and San Jose. With the addition of the MCC, The Bay Club Company now operates 23 locations across California.