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Investments in a Pickle
RADL Wire Industry News Roundup: Pickleball continues its global and domestic rise with major moves across Asia and the U.S. The Picklr, the world’s largest indoor pickleball franchise, is expanding to Japan with plans to open 20 clubs in the next five years. Investment firm Hyperspace Ventures is also betting big, committing $6.8 million into the sport as U.S. participation has surged 223% over the past three years. Meanwhile, Life Time opens its first Idaho location focused on racquet sports, and Sarasota’s new Bath & Racquet Residences and Club. We close with PADEL Talk.
In today’s edition:
The RacquetX City Series
World’s Largest Indoor Pickleball Franchise Sets Sights on Asia
Babolat and Playtomic announce global partnership to accelerate padel growth worldwide


Indoor pickleball courts from The Picklr Noblesville, IN
INDUSTRY NEWS
RacquetX announces the launch of the RacquetX City Series in partnership with The Directors Club of America - a dynamic, one-day event series designed to bring the energy and insights of our flagship Club Summit directly to racquet sports professionals nationwide. Each stop offers high-impact sessions, curated networking opportunities, and actionable strategies from industry leaders, all tailored to the needs of today’s top club pros. The first stop has been scheduled for June 29th at The Philadelphia Cricket Club.
World’s Largest Indoor Pickleball Franchise Sets Sights on Asia - Japan — and the broader Asia-Pacific region — represents a major opportunity for The Picklr. As Pickleball is beginning to take root within the market, Japan is quickly becoming a focal point for the brand. With its easy-to-learn rules, welcoming culture, and ability to bring people of all ages together, pickleball has captured the attention of Japan. The first Picklr facility is slated to open in the Tokyo metropolitan area, with 20 clubs planned in the country within the next five years.
Hyperspace Ventures Expands Portfolio with $6.8 Million Investment in Pickleball - Hyperspace’s emphasis on pickleball positions the company as a key player in a sport that continues to surge in popularity, with a 223% participation growth in the U.S. over the last three years according to data from Pickleheads. The pickleball market was valued at over $1.5B in 2023.
Life Time Comes to Idaho with Opening of Life Time Eagle - This initial opening centers around racquet sports, featuring nine indoor pickleball courts, six indoor tennis courts, a viewing area with lounge seating and a pro shop. The full 135,000-square-foot club experience is on schedule to open in summer 2026. Once completed, the club will feature a Beach Club with outdoor pools, a lap pool, a leisure pool and a bistro serving healthy meals and drinks. Inside, members will enjoy best-in-class cardio and resistance equipment, free weights, a stretching and recovery space with CryoLounge, HydroMassage and Normatec compression equipment.
Psycho Bunny signs multi-year ambassador deal with French tennis player Arthur Rinderknech - Premium menswear brand Psycho Bunny announced the addition of a brand new ambassador to its growing roster of tennis athletes, French player Arthur Rinderknech. This partnership reflects Psycho Bunny’s growing commitment to the world of tennis and its commitment to dressing both rising stars and established icons. Known for his powerful serve and elegant full-court play, Rinderknech will wear custom-designed Psycho Bunny apparel during his matches on the ATP Tour. As a brand ambassador, he joins rising star Alexei Popyrin, strengthening Psycho Bunny’s credibility and visibility in the tennis world.
Discover Sarasota’s Premier Live-Work-Play Self-Contained Community: Bath & Racquet Residences and Club - Every detail at Bath & Racquet is curated to support active living, social connection, and day-to-day convenience. Future residents are drawn to its unique combination of resort-level comforts and top-tier athletic offerings, including 13 tennis courts, 16 pickleball courts, walking trails and dog park, a full-service restaurant and bar, a private raised residential pool, and a resort-style club pool, gym, and spa.

PADEL TALK
Babolat and Playtomic announce global partnership to accelerate padel growth worldwide - Together, Babolat and Playtomic will boost the global padel community by offering best-in-class experiences both on and off the court. Through a series of exclusive activations, players will enjoy unique opportunities for engagement - from gamified digital content to immersive brand experiences - further deepening their connection to the sport.
First Serve of the Season: Tickets Available Now for the Pro Padel League’s 2025 Opening Event in Miami - Tickets are available now for the Pro Padel League’s opening event of the 2025 season, PPL Miami, taking place at Wayfair Arena from Thursday, June 19 through Sunday, June 22 via Tixr.