00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Pickleball Inc., the parent company of Major League Pickleball and the PPA Tour,
00:07raised $225 million from Apollo Sports Capital and Dundun Capital Partners, according to CNBC.
00:14The funding brings total investment to $315 million and values the company at $750 million,
00:22according to a person familiar with the matter. The deal consolidates multiple assets under one
00:27umbrella, including Pickleball Central, PickleballTournaments.com, and JustCourts.
00:32The combined business generated over $140 million in 2025 revenue. The company said the capital will
00:40support integration across professional play, consumer products, technology, and media.
00:45Pickleball participation reached more than 24 million U.S. players in 2025,
00:50while league revenue is projected to reach $74 million in 2026.
00:56For all things money, visit Benzinga.com.
Comments