Pickleball Inc. Secures $225 Million Investment to Unite PPA Tour and Major League Pickleball

Pickleball Inc. has become the new parent company of the Carvana PPA Tour and Major League Pickleball after a $225 million structured investment led by Apollo Sports Capital.

The deal brings pro events, tournament technology, retail, courts, media and other pickleball assets under a larger commercial platform, a development that matters for Asian markets as PPA and MLP continue international expansion.