PickleballCentral Announces Acquisition of Pickle-ball , Inc .
On August 5 , PickleballCentral announced that it completed the acquisition of Pickle-ball , Inc . in an asset acquisition transaction between the companies . PickleballCentral ’ s parent company will be renamed to Pickleball , Inc . and the new company will operate under the Pickleball , Inc . corporate name .
“ By combining the two organizations , this transaction helps both PickleballCentral and Pickle-ball , Inc . achieve their respective goals , while creating a new entity that can better serve both the industry and the sport at large ,” shared David McCallum , President of Pickle-ball , Inc . He added , “ Over 50 years ago , our family founded Pickle-ball , Inc . to help transition the backyard game we helped create into a real sport with world-class products . We have worked very closely with PickleballCentral for over 10 years , and feel that they are the best possible partner to carry forward our brand and our community efforts .”
PickleballCentral ’ s co-founder , David Johnson , said , “ We are humbled and proud to be associated with the Pickleball , Inc . brand . The McCallum family was instrumental to the creation of the Pickleball industry because of their innovation , hard work , and commitment .” He concluded , “ We are excited to take over the legacy of Pickleball within the industry , and help serve the millions of players who are now playing this exciting sport .”
Under the terms of the deal , product , distribution , sales , accounting and customer service will relocate to the Kent , Washington , headquarters of PickleballCentral . Business operations will be uninterrupted by the transaction . As part of the rebranding of PickleballCentral into Pickleball , Inc ., the company will operate two divisions . One division will be devoted to retail sales operations including the retail websites PickleballCentral . com , PickleballPaddlesPlus . com , and Pickleball . com . A second division will be devoted to wholesale and distribution operations of Pickle-ball ® and PickleballCentral branded products . •
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SEPTEMBER / OCTOBER 2016 | MAGAZINE 23