Paddletek Group, a prominent pickleball paddle brand backed by Thirty-5 Capital, has acquired PIKKL, a performance paddle company based in Medina, Minnesota. The deal aims to expand Paddletek's market presence in the rapidly growing pickleball industry.

Paddletek, founded in 2010 and an official paddle sponsor for Major League Pickleball and the Professional Pickleball Association, will integrate PIKKL's operations and product lines. PIKKL's co-founders, Mike Strommen and Dan Martinson, will remain with Paddletek to support the transition and future product development.

This acquisition signals consolidation within the performance sports equipment sector as demand for pickleball gear surges. The move positions Paddletek to capture a larger share of the market by combining its established brand with PIKKL's specialized offerings. Investors in Thirty-5 Capital likely see this as a strategic step to enhance portfolio value in a high-growth niche.