Ergon Capital Partners V has acquired a majority stake in 360° Padel Group, the largest specialised Padel platform globally and the owner of Siux, a premium Padel brand.
Headquartered in Madrid (Spain), the Group was founded in 2010 with a first physical store in Murcia and rapidly expanded in 2012 with the launch of www.padelnuestro.com, the largest specialised Padel e-tailer and market reference.
Prior to Ergon’s entry, the Group’s shareholder base was comprised by a pool of investors led by Mr. Íñigo Colomina, the Group’s executive chairman.
Ergon is now taking a majority stake through the combination of a capital increase and the acquisition of certain stakes. Colomina and the core management team are fully reinvesting alongside Ergon, as well as Inveready, who has been supporting the Group since 2021 and committed new funds in the transaction via GAEA Inversion SCR and Full Global Investments SCR.
Rafael Martínez-Avial will become the Group’s CEO, bringing on board significant omnichannel retail experience in several private equity transactions, while Colomina will remain as executive chairman.
