facebook


Go ProSubmit a deal
Submit
Home

/

Deals

/

National

/

All

/

Sale

/

Pickleball Inc. Raises $225...

Updated May 1, 2026

Pickleball Inc. Raises $225 Million In Growth Funding From Apollo Sports Capital And Dundon Capital Partners
SOLD

Pickleball Inc. Raises $225 Million In Growth Funding From Apollo Sports Capital And Dundon Capital Partners

Building Size

—

Asset Type

—

Closing

May 1, 2026

About this deal

AI

Pickleball Inc. raised $225,000,000 in a growth funding round led by Apollo Sports Capital, with participation from Dundon Capital Partners. The funding will support the expansion of media, events, and infrastructure, and facilitate the integration of assets across its platform.

Summary of transaction details:

  • Deal Type: Growth
  • Transaction Amount: $225,000,000
  • Company Name: Pickleball Inc.
  • Key Executive: Connor Pardoe (CEO)
  • Notable Investors: Apollo Sports Capital, Dundon Capital Partners

Pickleball Inc. is a U.S.-based startup focused on creating a unified ecosystem for both professional and recreational pickleball. The company's mission involves consolidating leagues, media, and technology to enhance the growth of this fast-emerging sport in the United States.

Players

Dundon Capital Partners
Dundon Capital PartnersLender

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Deal FAQ

Browse this market sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals