Ergon Capital Partners to acquire a majority stake in 360º Padel Group.

Ergon Capital Partners, a mid-market private equity investment company, agreed to acquire a majority stake in 360º Padel Group, a sports equipment and gear producer. Financial terms were not disclosed. “360º Padel Group is a market leader in a sport which we believe has all the fundamentals to expand rapidly across many countries and, therefore, this transaction is perfectly in line with our trend-based investment strategy. We look forward to contributing our network and experience in this new phase, building on the fantastic job carried out to-date by Íñigo and the team,” Pablo Álvarez Couso, Ergon Capital Advisors Managing Director.