Soul Padel raises £3.6M to double its UK club count
What's the deal? Soul PadelDealroom has a profile for this one. Try Dealroom → has raised £3.6 million in a Series A round from undisclosed family offices, valuing the padel operator at £30 million. The funding will help it grow from four clubs to ten.
What's the endgame? Six new clubs are already through planning. Soul Padel points to its schools, women's, and over-50s programmes, plus a 12,000-member loyalty platform, as the foundations for scaling.
What's the market expansion? The build-out marks Soul Padel's push to widen its UK footprint, more than doubling its physical presence as demand for the racquet sport grows across the country.
Why now? Padel has become one of the fastest-spreading racquet sports in the UK, and operators are racing to secure sites and members before the market matures.
The signal: The £3.6 million round sits near the midpoint for deals of its kind, a measured bet rather than a blockbuster. It reflects investor appetite for physical-first leisure businesses with recurring membership revenue.
Read more: ground.news
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