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Synopsis
Avenue Sports Fund, a private equity growth-expansion fund, completed the investment in CityPickle, the urban home for pickleball. Financial terms were not disclosed. "There is a significant opportunity to provide permanent and pop-up pickleball locations to service the growing and passionate demand for this sport. CityPickle, led by co-founders Erica Desai and Mary Cannon, has established a special brand that is relevant to urban locations nationwide. We are excited to join with the CityPickle team to support its expansion strategy," Marc Lasry, Avenue Capital Chairman, CEO and Co-Founder.
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