Funding Partnership Announcement - The Padel Club Ltd
A new venture capital partnership has been agreed between The Padel Club Ltd and Endeavour Ventures Ltd, making a big statement about our intentions to grow the sport of padel. Based in Marylebone, London, Endeavour Ventures are one of the most successful and long-established boutique investment firms in the country. Some of their recent investments have included Boku, ROXi and Re-Flow, with a wide array of high net-worth investors, including Robbie Williams and Kylie Minogue.
Endeavour Ventures will be working in partnership with investment partners FS Ventures, who have recently backed companies like Statsports, Tappit and The ID Co. Their investors include many high-profile Elite sportspeople, alongside other high-net-worth individuals, which brings another interesting dynamic to the overall partnership with The Padel Club Ltd.
Magnus Macintyre, Chairman of Endeavour Ventures, who will be joining the board of The Padel Club Ltd said of the partnership, “We’re much looking forward to a long and fruitful relationship with The Padel Club. Kris Ball and his growing team have the right ingredients for a very successful business: a burgeoning sport with a growing following of influential sportspeople, vibrant but careful entrepreneurship, good contacts and an efficient and clear business model.”
Kris Ball, Founder & CEO of The Padel Club Ltd said, “It is incredibly exciting to have agreed this partnership with Endeavour Ventures, which is really going to make a difference in our ability to grow. We have been working hard to ensure we have the right foundations to allow us to scale quickly, so having the right financial partners and network is very important.”
“This agreement means we can immediately move forward in establishing our first padel court locations and our head office. Working with Endeavour Ventures, along with FS Ventures, means we can compete and grow in line with the padel market, whilst bringing a new innovative dynamic to our business model.”
“We are very excited to be establishing our first venues at a time when the UK padel market is growing very rapidly. Establishing more padel courts across the UK is vital for the growth of the sport and this partnership certainly allows us to contribute to that. We have started to progress some exciting locations from our pipeline whilst continuing to talk to property partners about new locations.”
New roles will be advertised soon, with an initial emphasis on marketing, property and padel coaches. To keep up to date with news, please use the following links and subscribe to our newsletter.
Email: Info@thepadelclub.co.uk The Padel Club: www.thepadelclub.co.uk Endeavour Ventures: www.endven.com FS Ventures: https://www.fs-ventures.co.uk/ Facebook: @thepadelclubuk Instagram: @thepadelclubuk Twitter: @thepadelclub