Paddletek is merging its brands under a new corporate structure under the name The Paddletek Group. The provider of performance pickleball paddles and padel rackets said the change will unite Paddletek, ProXR, Padeltek, and Yobow in a merger that is expected to advance the Group’s development of high-performance pickleball and padel equipment.
“The new entity combines Paddletek’s legacy in performance product design and manufacturing with ProXR’s performance-driven approach, creating a platform built to help every player elevate their game,” the company said in a media release.
“The formation of The Paddletek Group marks an important milestone for our brand, and for the sports of pickleball and padel,” said Curtis Smith, founder, Paddletek. “Bringing all of these brands together under one platform amplifies our ability to innovate to support both recreational and elite players.”
Paddletek said it has sold more than one million paddles to date, all made in the U.S. With this merger The Paddletek Group reportedly emerges moves to the No. 2 paddle brand among advanced players, according to Sports & Fitness Industry Association (SFIA).
“The Paddletek Group will introduce a new performance paddle line next month that will combine the strength and expertise from both great brands. Plans are also underway to expand this innovation to the growing sport of padel,” the company noted.
“With the global explosion of pickleball and padel, it’s exhilarating to constantly push boundaries with game changing paddles, racquets, accessories and apparel,” said Ron Saslow, founder and managing partner at Thirty-5 Capital and CEO of the Paddletek Group. “The Paddletek Group brings together respected brands with complementary strengths, and tremendous technologies to create an even bigger, bolder, better company.”
Image courtesy Paddletek/The Paddletek Group
