EXETER TWP., Pa. - In a process that began this past summer and stretched into the fall, officials announced Friday that the Reading Country Club is now officially under new ownership.
The Gulati family made the announcement of their acquisition of the historic property through their company, DCM Investments, LLC.
With a shared passion for golf, hospitality and community, the Gulati family says it is committed to honoring the legacy of the beloved institution while steering it into an exciting new chapter.
“This is a win-win situation. Exeter Township will profit from having the country club in good hands and returning it to the tax rolls, and DCM Investments takes over a unique, historical property that is just waiting for a return to prominence. The citizens of Exeter and beyond will soon have a revitalized and much-improved facility to enjoy,” said Jack Piho, chairperson of the Exeter Township Board of Supervisors.
Charles Gulati will assume the role of general manager, ensuring the club’s operations align with its rich tradition and bright future.
“Our vision is to create a premier destination for golf, dining, and events that members of the community can take pride in,” said David Gulati. “We look forward to unveiling these updates in the coming months.”
The family also announced the upcoming March opening of "Jack’s on the Green," a new restaurant that will offer elevated cuisine and warm hospitality, complementing the club’s world-class golf course and event spaces.
“We see Reading Country Club as more than just a business; it’s a community asset,” said Jack Gulati. “We are committed to preserving its history while ensuring it remains a vibrant gathering place for generations to come.”
Founded in 1923, Reading Country Club has long been a cornerstone of golfing tradition in Berks County.