Weekly Spin

Rack 'Em, Bluestone

weekly spin meme july 21

Rack 'Em, Bluestone

Bluestone is betting big on competitive social entertainment, backing Poolhouse's global expansion with a $55m growth investment.

With a clean break into the fast-growing world of competitive social entertainment, Bluestone Equity Partners has announced it has led a $55 million growth investment in Poolhouse, the technology-enabled cue sports business founded by the team behind Topgolf and Puttshack. Poolhouse is modernizing the traditional game by combining digital technology, premium venues and interactive experiences to attract a broader audience. The fresh capital will help expand the business globally, accelerate the rollout of its premium venues and scale BillyQ, its proprietary technology platform designed to enhance gameplay, competition and customer engagement. Backed by Bluestone's expertise in growing sports, media and entertainment businesses, Poolhouse is now lining up its next shot at international expansion. If all the balls fall into place, Bluestone may have just potted another winner.

Subscribe to the IPEM Newsletter!

 

James Williams
James is an experienced financial journalist and editor with over 20 years experience covering private markets and alternatives. He is host of the Clockwork CIO podcast.