Suddath and Landology Partner to Acquire Victoria National Golf Club

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Victoria Partners LLC, a unique joint venture between The Suddath Companies and Landology, is proud to announce its investment into and acquisition of one of the nation’s premier golf courses – Victoria National Golf Club. Founded in 1998 by the late Terry Friedman and designed by Tom Fazio, Victoria National Golf Club is currently ranked #24 in Golf Digest’s “America’s Greatest 100 Golf Courses.”

“Suddath and Landology are excited for the opportunity to help realize Terry Friedman’s dream. Our goal is to ensure that Victoria National Golf Club is in place for generations to come”

“Suddath and Landology are excited for the opportunity to help realize Terry Friedman’s dream. Our goal is to ensure that Victoria National Golf Club is in place for generations to come,” said Barry Vaughn, chief executive officer of The Suddath Companies. “We fully intend to maintain the course’s world-class prestige and to further improve its standing among golf purists by investing in its future.”

Founded in 1998, Victoria National Golf Club was designed by the renowned architect, Tom Fazio, and is the result of years of planning and development by the late Terry Friedman. Victoria National has hosted the 2008 Rolex Tournament of Champions, the Indiana State Amateur Championship and the 2006 USGA Senior Amateur Championship.

“Terry always had this wonderful vision of fusing a world-class golf course with Southern Indiana’s beautiful landscape,” said Irma Friedman, Terry’s wife. “We expect that the new partnership with Victoria Partners is only going to help see his vision through, benefiting the community, Victoria National’s members and golf purists from across the nation.”

In order to effectively manage and run this business venture, Suddath and Landology have formed a joint venture and will jointly own a separate organization called Victoria Partners, LLC. The companies comprising Victoria Partners combine to bring unique capabilities and assets together to ensure the vision of Victoria National’s late founder Terry Friedman is realized. The Suddath Companies’ financial stability and business acumen, Landology’s expertise in the real estate industry and Gary Verble’s more than 30 years of experience managing golf courses across the country combine to ensure Victoria National’s members and golf purists across the country enjoy golf at its finest for years to come.

About Victoria National Golf Club

Designed and maintained specifically for golf purists, this Tom Fazio-designed golf course is one of the nation’s top-ranked courses, recently ranked #24 in “America’s Greatest 100 Golf Courses” in 2009 by Golf Digest. Masterfully set among 418 acres, Victoria National Golf Club embraces the dramatic landscape, native vegetation and deep, spring-fed lakes of Southern Indiana. Free from encroachment of homes or development with abundant wildlife, Victoria National offers an unmatched natural setting for one of the top courses in the country. For more information, please visit www.victorianational.com.

About The Suddath Companies

Founded in 1919, The Suddath Companies is a diversified, cooperative group of domestic and international service companies. These affiliates specialize in worldwide corporate employee relocation, household moving, and warehouse and logistics management. In addition to its international services to over 100 countries, The Suddath Companies operates nationwide as one of United Van Lines’ largest agents. The Suddath Companies has over 1,200 employees nationwide handling over 40,000 shipments annually. For more information, visit its Web site at www.suddath.com.

About Landology

Landology is a Florida-based real estate owner/operator that invests in mixed use, multi-family, commercial land and value-add real estate properties. Comprised of partners with experience in real estate, banking and deal structure, Landology offers a full-service approach with specialized expertise in site selection, assemblage, acquisition, development, financing, disposition, land entitlement, zoning and sales and marketing. For more information, please visit www.landology.com.

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