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Announced

Completed

Triton-backed LeDap Group completed the acquisition of Swedish Padel Open.

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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Private

Single Bidder

padel facilities

Completed

Private Equity

Cross Border

Sweden

Recreational Services

Majority

Acquisition

Friendly

Synopsis

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Triton-backed LeDap Group, an international group of padel companies, completed the acquisition of Swedish Padel Open, a Swedish company who conducts operation and establishment of padel facilities. Financial terms were not disclosed. “LeDap offers many of the key aspects that we look for in an investment – strong and accelerating structural growth, a clear ESG agenda where we can contribute to increased physical activity, and the opportunity to build a digital ecosystem around the sport. Our ambitions are high, we strive to make Padel available to all, and in partnership with the global padel community, we want LeDap to contribute to making Padel an Olympic sport,” Per Agebäck, Triton Co-Head of Consumer Sector

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