Acenta Group has entered into a funding partnership with GSM Finance, a UK-based asset finance company, for a period of three years, to boost padel expansion in the region.  

The collaboration is aimed at facilitating the growth of padel by providing financial solutions that will enhance the sport’s accessibility in the UK market. 

It involves Acenta Group continuing its role in the delivery and installation of padel courts.  

GSM Finance will complement these services by offering structured leasing and finance options to customers.  

The goal is to make it more feasible for various organisations, including sports clubs, educational institutions, and hospitality venues to adopt padel by lowering the upfront costs associated with setting up new courts, the press release said.  

GSM Finance founder Guy Symmons said: “We are delighted to partner with Acenta Group to bring structured funding solutions to the fast-growing UK padel market.  

“Our experience in asset finance, combined with Acenta Group’s market-leading courts and installation expertise, enables us to offer customers a complete and flexible package – from funding to finished facility.”  

The partnership does not include exclusive rights or ensure specific volumes of orders. 

It is expected to contribute to Acenta Group’s growth and potential for increased revenue within the UK. 

Acenta Group CEO Håkan Tollefsen stated: “This partnership marks another important step in Acenta Group’s international expansion journey.  

“GSM Finance’s strong reputation and longstanding experience in the UK asset finance market make them an ideal partner as we establish our presence in one of Europe’s most dynamic padel markets. Together, we can make padel more accessible to a wider customer base.”