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Pickleball Inc., the parent company of Major League Pickleball and the PPA Tour, raised $225 million in a funding round.
Apollo Sports Capital and Dundon Capital Partners were the primary backers.
Pickleball Inc. has now raised a total of $315 million.
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A 17-year-old yoga and fitness studio at 2680 S. Glenstone Ave. in the Brentwood Center changed hands on July 1.