As the “fastest growing sport in America,” it should come as no surprise that one forward-thinking company is giving pickleball aficionados a chance to invest in the game.
Competitive Social Ventures (CSV), the founder of the popular pickleball eatertainment brand Pickle and Social, has announced it is seeking qualified investors for its Series B raise.
The funding will support the expansion of Pickle and Social as well as CSV’s other eatertainment concepts, Fairway Social and Roaring Social. CSV plans to open 11 new locations across the U.S. in major markets, including Texas, Louisville, Scottsdale, Alpharetta, Florida, and South Carolina.
On June 1, 2023, CSV invited investors to participate in the Series B investment raise, which will finance the next phase of growth for these three innovative eatertainment brands. The company has already secured land for the new destinations, which combine competitive socializing, chef-driven menus, and immersive entertainment environments.
The 11 new locations will consist of:
- Seven Pickle and Social venues, featuring indoor and outdoor pickleball courts, four golf simulator bays, chef-driven menus, signature cocktails, and live entertainment.
- Two Fairway Social venues, offering virtual and simulated football, golf, soccer, and carnival games in an indoor/outdoor eatertainment environment with food and drinks.
- Two Roaring Social venues designed as speakeasy-inspired spaces with live music, cuisine, craft cocktails, and immersive entertainment.
Pickle And Social
The Pickle and Social, Fairway Social, and Roaring Social concepts will allow guests across the U.S. to enjoy competitive socializing, dining, and entertainment all in one destination. This expansion will bring CSV’s unique take on eatertainment to major markets in states like Texas, Florida, South Carolina, and more as the company scales its successful brands nationally.
Joe Reardon, President/COO of CSV, says, “CSV is fortunate enough to have some of the most iconic land under control that checks all the boxes for our investors. Everyone in America has been seeking an opportunity to invest in Pickleball, and we could not be prouder to offer an incredible solution for them to do so with CSV and Pickle and Social.”
CSV offers accredited local investors in select Pickle & Social markets the chance to invest in individual venues. Initial opportunities are available in Louisville, KY; Scottsdale, AZ; and Alpharetta, GA.
With pickleball’s explosive growth, there is strong investor interest in the sport. Pickle & Social allows financial involvement in a premier pickleball concept that also provides chef-driven dining, golf simulation, and entertainment.
By inviting community members to invest, CSV lets local investors capitalize on pickleball’s popularity through the unique Pickle & Social model. The venues present compelling investment prospects, given the brand’s tremendous success.
Brian Harper, SVP of Sales & Marketing for CSV, commented, “We’ve built a lifestyle brand that goes beyond pickleball, offering 10 different experiences you can enjoy without even picking up a paddle. With world-class facilities and a range of activities like live music, corn hole, and ping pong, we will attract people from all walks of life.
“And our expertise in Food and Beverage allows us to keep the experience fresh and exciting. Offering leisure play as well as amateur and professional tournaments, craft food, and signature drinks, we provide something for everyone.
“You don’t have to be a pickleball enthusiast to have a great time.”
Expanding Its Portfolio
CSV currently operates three successful eatertainment venues in Georgia: Fairway Social Alpharetta, Roaring Social Alpharetta, and Fairway Social Trilith. The company will expand its portfolio this fall when it opens its first Pickle and Social location in Gwinnett County.
Pickle and Social stems directly from the team’s passion for pickleball, making it a natural addition to CSV’s offerings. With pickleball exploding in popularity across the U.S., Pickle and Social perfectly aligns with CSV’s vision to create competitive social entertainment brands and propel their growth.
The demand for eatertainment venues focused around sports like pickleball mirrors CSV’s proven success with golf and game simulation at Fairway Social. By leveraging this momentum, CSV plans to scale Pickle and Social along with its other concepts through the upcoming Series B raise. The company’s unique take on social entertainment positions it strongly for continued expansion.
About Pickle and Social
Pickle and Social venues feature indoor and outdoor pickleball courts. These facilities aim to provide a professional-quality environment for pickleball.
In addition, Pickle and Social offers food and beverages from a chef-driven menu along with live musical and entertainment acts.
The company highlights pickleball as one of the fastest-growing sports in terms of participation rates and popularity. It seeks to capitalize on this trend by offering spaces for casual play and competitive events.
More details are available at pickleandsocial.com.
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