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Tower Three pours capital into Heritage Golf

San Diego-based Heritage Golf Group, an owner and operator of private, resort and daily fee golf properties, announced Wednesday that it has been recapitalized as part of a majority investment from private equity firm Tower Three Partners.

While the amount of the recapitalization was not disclosed, Tower Three typically targets equity investments of $50 million to $150 million, according to the company website.

The Heritage portfolio represents golf properties in Texas, Florida and South Carolina.

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