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Deals

Slinger Acquires PlaySight Interactive for $82M

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UPDATED October 15, 2021 | 06:37 am
  • Slinger has agreed to acquire PlaySight Interactive.
  • The deal is valued at $82 million.
PlaySight/Design: Alex Brooks

Slinger, known for its tennis ball launcher, has acquired video and analytics platform PlaySight in a deal valued at $82 million.

PlaySight has previously received investments from Verizon Ventures, SoftBank, Novak Djokovic, and tennis legend Billie Jean King.

Over the past year, Slinger has been busy scaling its business.

  • June: It acquired Foundation Tennis, a pioneer in tennis software applications.
  • August: It raised $11 million in a funding round led by Spartan Capital.
  • September: It purchased GameFace.ai, a sports video analysis company, for $24 million.

Slinger recorded $2.5 million in net sales in fiscal Q1 2021, its strongest quarter to date and a 349% increase year-over-year. The company went public in 2019.

New product orders totaled $3.7 million in Q1 despite global supply chain setbacks.

Slinger is represented in more than 60 markets worldwide and expects to pocket roughly $250 million in revenue over the next five years.

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