Padel operator secures £500,000 to accelerate Midlands expansion
Padel operator Ace Padel has secured £500,000 in debt finance to support its next phase of growth, following the launch of four clubs in its first year of trading.
The funding, provided through the Midlands Engine Investment Fund II and managed by Frontier Development Capital, will support the opening of the company’s fifth venue in Fenton, Stoke-on-Trent, as well as development work at planned sites in Coventry, Sefton and Morpeth.
Founded by entrepreneur Jamie Reynolds, former chief executive of recruitment group Cordant Gr... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
