Apollo Sports Capital and Tom Dundon Invest $225 Million in Pickleball Inc.
Pickleball Inc., which owns Major League Pickleball and the PPA Tour, has raised a record $225 million from Apollo Sports Capital and Dundon Capital Partners. The investment highlights the sport's rapid growth, with 24 million U.S. players expected by 2025. The funds will be used to expand media, events, and operations, as well as integrate new assets into the company's portfolio.
Topics: company funding growth pickleball sports ecosystem sports investment