EDMOND — With the intent of luring prominent golf tournaments back to a prestigious golf course, local businessman Ed Evans has purchased Oak Tree Golf Club.
Evans bought the private course in north Edmond from Don Mathis and plans to make the club appealing once again to the professional tour.
“This is something we feel we can do special for the state of Oklahoma,” Evans said. “It's certainly clear the PGA views this market as being relatively untapped.”
Built in 1974, Oak Tree Golf Club has hosted the 1984 U.S. Amateur, 1988 PGA Championship, 2000 PGA Club Pro Championship and the 2006 Senior PGA Championship.
Evans said he approached Mathis roughly four weeks ago about the possible acquisition.
“I think he had some pretty clear ideas of where we wanted the club to go and what he wants the club to be after he passed it on,” Evans said. “At the end of the day, I think we were both pretty surprised how we were on exactly the same page and felt like it could be a pretty easy transition.”
Evans is majority owner of Oak Tree Golf LLC, and said he expects the sale to be finalized within the next 30 days.
“I'm really, really excited about this,” Mathis said. “This guy's going to be great for this place. You haven't seen anything yet. He's got a vision for this course. I don't think I could have picked a better person.”
Terms of deal not disclosed
Evans and Mathis did not disclose financial terms of the deal.
Oak Tree Golf Club originally cost $3 million to construct.