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Victoria National being sold to Dormie Network

Victoria National in Warrick County will soon be under new ownership. The golf course will be sold to the Dormie Network, a company headquartered in Lincoln, Nebraska that owns and runs golf courses. 

Victoria national opened in 1998. It ranks as the 43rd greatest golf club in America, according to Golf Digest. It was also ranked as the number one course in Indiana in 2015.

Victoria National has also been the home of the United Leasing and Finance Championship since 2012. 

The Dormie Network currently owns four other golf clubs: ArborLinks in Nebraska City, Nebraska; Dormie Club in West End, North Carolina; Briggs Ranch Golf Club in San Antonio, Texas; and Ballyhack Golf Club in Roanoke, Virginia.

Victoria National President Barry S. Vaughn released a letter on the announcement: 

The Victoria National owner group has determined that now is the optimal time, with the Club energized and stable, to transfer ownership to a golf course owner and operator whose fundamental business interests and expertise is centered on golf. Doing so will allow current ownership to focus more of its resources on the proposed residential community and other opportunities germane to its core, and related businesses. It has been a privilege for The Suddath Companies to be associated with the supportive membership of Victoria National as well as the dedicated employees who have helped make the Victoria brand synonymous with exclusive golf retreats.  The primary objective for Suddath was to identify a high-end golf operator that shares the current vision for the Club and has the depth and resources to further enhance the Club and its facilities well into the future. That highly qualified buyer has just entered into an agreement to acquire Victoria National Golf Club. Pono Golf, Inc. is a boutique golf operator with several high end properties already, and plans to add additional properties to their growing portfolio which is known as The Dormie Network. Their intent is to expand upon the amenities and growth the Club has experienced and make Victoria National a premier facility within their Network. Conversely, Victoria's members will enjoy access to great sister courses throughout the country. In Hawaiian "pono" means "the right path". The legacy of Victoria National will certainly remain on the right path with Dormie.  Victoria National will be providing the Membership with further information as it is available, and a more formal announcement and introduction will be made once the process is fully completed sometime in the coming six to eight weeks. Any immediate questions may be directed to General Manager Steve Munch at 812.858.8230 or steve@victorianational.com

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(This story was originally published July 12, 2018)


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