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Announced

ProsToYou Tennis to acquire TopNotch Tennis.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

United States

tennis clubs

Majority

Entertainment

Single Bidder

Pending

Private

Acquisition

Synopsis

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ProsToYou Tennis, a tennis instructional company, agreed to acquire TopNotch Tennis, a tennis service provider. Financial terms were not disclosed. "During these unprecedented times, we need to come together as a community and what better way to do this by having the two most prominent tennis service providers join forces together. As we become one tennis family, PTY will be able to access more resources not only on the tennis courts, but also offer more qualified coaches across all PTY partnered clubs," Marco Impeduglia, ProsToYou Tennis Founder & Executive Director.

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