general

Apollo Sports Capital and Tom Dundon make landmark $225 million investment in pickleball

By Jessica GoldenCNBC

The fresh funds bring the total investment in Pickleball Inc. to $315 million, as investors continue to look at emerging sports as a place to park their money.

Pickleball Inc., the new parent company of Major League Pickleball and the PPA Tour, said Friday it has raised a record $225 million in new investment, as the paddle sport continues its rapid growth …