DM Equity Partners will support The Padellers in achieving its ambitious growth strategy
Amsterdam, April 4, 2022 – DM Equity Partners (DMEP) is investing in The Padellers, an Amsterdam-based Dutch padel court operator. Padel is the fastest growing sport in the Netherlands, and The Padellers is currently one of the market leaders in the Netherlands. DMEP will help The Padellers achieve its ambitious growth strategy both financially and professionally. In addition, padel locations will begin to open at Optisport locations, which will begin to contribute to further growth acceleration of The Padellers.
Philippe Hes (CEO The Padellers) said, “We have found a strong partner to start realizing our expansions. The sport is growing incredibly fast and we want to fill the need for quality venues for our players.”
Bas Smit (Co-Founder The Padellers): “Our goal is to get all of the Netherlands playing padel and we are working very hard on that. It is my personal dream to train the new Frenkie de Jong of the padel sport with our The Padellers Academy. For that, it is important that many more padel courts will be added in the Netherlands. This move allows us to continue working toward our goal of establishing a national chain.”
The daily management of The Padellers is in the hands of Philippe Hes and Floris Dokkum. DMEP will have an advisory role.
About DM Equity Partners
DM Equity Partners is an investment company founded in 2017 and based at Schiphol Airport, Amsterdam. DM Equity Partners provides growth capital primarily to small and medium-sized companies in the Netherlands. Since 2017, DM Equity Partners has built a portfolio of investments of more than EUR 500 million.