Ergon Capital Partners acquires a majority stake of 360º Padel Group

ARCANO has acted as exclusive financial advisor to Ergon Capital in its acquisition of a majority stake in 360 º Padel Group, the world’s largest specialist padel platform and owner of numerous brands, such as Siux the core brand and key sponsor to some of the best professional players.

 

Ergon’s investment has been executed through a capital increase and the exit of some shareholders Ergon aims to provide

the Company with the necessary resources to continue growing as well as bringing its international experience to further

support the Company’s expansion to the United States, Italy and France, among others.

Company
360º Padel
Transaction
Sector
Activity
Distributor of padel equipment
Date
Country
Spain

Founded in 2010 in Murcia, 360º Padel is the leading omnichannel padel platform with numerous renowned specialized webpages such as Padel Nuestro Padelmanía Time 2 Padel or Streetpadel as well as numerous brick and mortar stores and presence in 500 padel clubs.

In 2022 the Company will open the world's largest padel store a 600 m 2 flagship store in Madrid, in order to complement its online presence.

Ergon Capital Partners is a pan European p rivate equity fund with 2 5 bn in assets under management focused on healthcare, retail, consumer goods, niche industrials and services Ergon invests in mid sized companies primarily located in Benelux, France, Germany, Italy and Spain.