Milestone

Padel Galis management takes majority stake as revenue hits $30.5M

The signal: Dealroom classifies Padel Galis as an "early growth" company, yet its $30.5M revenue and management-led buyout suggest a business maturing faster than that label implies. As a company whose core offering spans both construction and operation of padel courts worldwide, the leadership's decision to take a majority stake positions it to capture value across the entire padel infrastructure chain — from building courts to filling them — as the sport's expansion accelerates beyond its Iberian heartland.

Read more: tennistonic.com

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