Selkirk Sport Gets $30M Growth Equity from Bluestone

Selkirk Sport LLC, the North Idaho pickleball paddle and accessory manufacturer, received a $30 million growth equity investment from Bluestone Equity Partners. Bluestone will hold a minority stake, while the Barnes family retains majority control and continues to run the business.

The investment is intended to accelerate Selkirk’s shift from a domestic pickleball leader into a global sports brand. As part of the deal, Bluestone partner Walker Brumskine joins the board and Bluestone vice president Shaaz Khan will serve as a board observer.

Selkirk is valued at $200 million and expects to generate $100 million in revenue this year, according to co-CEO Mike Barnes.