Acenta Group AB is pleased to announce that it has entered into an exclusive partnership agreement with the Irish company Padel Sports 100 Limited (“Padel 100”), covering the delivery and installation of at least 50 padel courts. This follows a previously signed letter of intent between the two companies on April 22, 2025.
The partnership includes a leasing arrangement over five years, with additional revenue linked to court bookings for a total of seven years. The minimum order value, excluding booking-related revenue, is estimated at approximately EUR 3.6 million, distributed over a five-year period.
The 50 padel courts will be delivered within 12–15 months, and the agreement marks a significant milestone in Acenta Group’s international growth strategy.
«We are incredibly happy to have entered into a binding agreement with Padel 100, which marks an important step in our international growth journey. This partnership gives us the opportunity to contribute together to the rapid development of padel in Ireland. Padel 100 has a strong and determined strategy to make the sport accessible across the country, and we look forward to being part of this exciting development. At the same time, I would like to mention that our new leasing and financing concept, which is a very exciting vertical for us, opens up for additional customers and has already aroused great interest. We look forward to exploring what new business opportunities this can lead to and how it will support our international expansion», says Håkan Tollefsen, CEO of Acenta Group.
A new chapter for padel in Ireland
The agreement forms part of a larger investment, as Padel 100 recently secured €5 million in funding to roll out 100 padel courts across Ireland in strategic partnership with Acenta Group. The initiative is set to boost the growth of padel across the country, with the first courts expected to be installed during summer 2025 in Dublin, Cork, Limerick, Galway, Clare, Waterford, and Wexford, followed by further expansion into suburban and regional areas.
«We are delighted to have now signed our agreement this Monday morning 12/05/25 with Acenta Group, which provides us with a solid foundation to expand the presence of Padel in Ireland. The agreement provides us with the operational capacity required to deliver major infrastructural projects and enables the more efficient growth of Padel clubs, campuses and facilities across the country. We look forward to embarking on this journey with Acenta Group and establishing a long term partnership that contributes to the development of Padel in Ireland, as it is really in its infancy around the country. Our aim is to roll out a minimum of 100 Padel courts every year in partnership with Acenta Group, without the support, knowledge and experience of Hakan Tollefsen and his team our massive rollout would not be possible», said Ben Keohane, founder of Padel 100.
Long-term structure and opportunity
Under the agreement, Acenta Group will receive a fixed monthly leasing fee for each court over five years, as well as a smaller variable income per booked hour for each court. After the initial five years, the company will continue to receive a slightly reduced booking-based revenue for an additional two years.
The exclusive agreement will remain in effect for five years from the installation of the final court, during which Padel 100 commits to purchasing all courts and related installation services exclusively from Acenta Group. Each party retains the option to terminate the collaboration in year two or year four, without affecting the leasing terms for courts already delivered.
This partnership not only secures Acenta Group’s position in the Irish market, but also highlights the company’s innovative leasing and financing model – a new vertical that is already generating strong interest from other markets and future partners.