December 12, 2022, LAGUNA BEACH – EEP Capital (“EEP”) announces an investment in the Pro Padel League, North America’s first professional Padel league. EEP Capital has also entered into an agreement to purchase the league’s first franchise that will based in Los Angeles.
The Pro Padel League (PPL) is North America’s first professional Padel Teams league. PPL is creating a premier sports league and a national stage for the sport while generating nationwide awareness and excitement for Padel as it continues to grow across North America.
PPL’s team competition is planned to kick-off in the Spring of 2023 and conclude with the PPL CUP where the four best teams will compete for the title.
“Padel is rapidly growing on the West Coast and across North America as people around the world embrace one of the world’s fastest growing sports,” stated Alan Flatt, President, of EEP Capital. “We are excited to be a part of facilitating this growth and bringing a high level of play to the fans locally with the purchase of the Los Angeles franchise.”
“We’re excited to announce EEP Capital as our first team owner, and the PPL is proud to be associated with an investment group like EEP Capital that symbolizes the integrity, professionalism, and commitment to Padel that our league will be seeking in all of its owners,” commented Marcos del Pilar, Commissioner of the PPL. “The PPL is delighted that Los Angeles will be the first home of high octane team competition for the most entertaining, new sport in the world.”
For more information on the PPL, visit: https://propadelleague.com/.
EEP Capital was established in Orange County, CA, in July 2022 as first dedicated venture capital company for the emerging US Padel market. EEP Capital provides capital, know-how and the toolbox to help US-based Padel entrepreneurs succeed. Funds have been raised from among others Swedish entrepreneurs, several leading Swedish NHL-players as well as World Padel Tour professional Padel players.
For more info, please contact:
Alan Flatt, President, EEP Capital LLC, T: +1 949 338 4226, E: alan@eepcapital.com
Philip Siberg, Chairman, EEP Capital LLC. T: +46 70 7906734
About EEP Capital LLC
EEP Capital was established in 2022 to provide early-stage venture capital and know-how to US based Padel entrepreneurs. We’re on a mission to bring Padel – considered the fastest growing sport in the world with an estimated 20 million active players – to the US in close partnership with passionate, local entrepreneurs. EEP Capital is based in Laguna Beach, CA, and is a spin-off from EE Padel, a global supplier of Padel courts and accessories. For more info, check out www.eepcapital.com