Compagnie des Alpes invests EUR 20 million for 33.9% stake in PadelCity

Reuters2026/07/28 15:56

By:Reuters

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Compagnie des Alpes invested EUR 20 million for a 33.9% stake in German padel center operator PadelCity.
Deal included EUR 12 million share subscription via a reserved capital increase, funded from available cash.
EUR 8 million went to buy existing shares from historical shareholders; transaction implied an enterprise value slightly above EUR 50 million.
Call options allow CDA to lift its stake to about 75% in early 2028, then to 100% by end-2030.
PadelCity targets about EUR 50 million annualized revenue by end-2026; combined Urban-PadelCity revenue seen near EUR 150 million by 2029.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Compagnie des Alpes SA published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Compagnie des Alpes invests EUR 20 million for 33.9% stake in PadelCity

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