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  5. Rakit Group Acquires Padel Courts Deluxe

M&A Deal Summary

Rakit Group Acquires Padel Courts Deluxe

On February 16, 2023, Rakit Group acquired consumer products company Padel Courts Deluxe

Acquisition Highlights
  • This is Rakit Group’s 2nd transaction in the Consumer Products sector.
  • This is Rakit Group’s 2nd transaction in Spain.

M&A Deal Summary
Date 2023-02-16
Target Padel Courts Deluxe
Sector Consumer Products
Buyer(s) Rakit Group
Deal Type Add-on Acquisition
Advisor(s) PwC Law (Legal)

Target

Padel Courts Deluxe

Alicante, Spain
Padel Courts Deluxe provider of padel courts, offering cutting edge design and innovative fabrication through its own manufactured products. Padel Courts Deluxe was founded in 2010 and is based in Alicante, Spain.

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Buyer(S) 1

Buyer

Rakit Group

Alicante, Spain
Category Company
Sector Consumer Products
DESCRIPTION

Rakit Group is a tournament-level tennis court surface brand manufacturing and installing of courts operating in the fast-growing sport of padel. Rakit Group is based in Alicante, Spain.

DEAL STATS #
Overall 2 of 2
Sector: Consumer Products M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Spain M&A 2 of 2
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-16 GreenSet

Barcelona, Spain

GreenSet is specialised in tennis court installation and surfacing for more than 10 years chosen by over 600 tournaments (ATP, WTA, ITF, Davis Cup and Olympic Games), the most prestigious private tennis academies, numerous federations and thousands of clubs, hotels, schools and public facilities. GreenSet was founded in 1970 and is based in Barcelona, Spain.

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