KKR-backed PlayOn acquires MaxPreps to expand $100bn youth sports push

KKR-backed PlayOn acquires MaxPreps to expand $100bn youth sports push

PlayOn’s president, B.J. Pilling, described MaxPreps as “an iconic brand” and said the acquisition took almost a year to complete. He added that PlayOn had to surpass several rival bidders to secure the deal.
KKR initially made a significant investment in PlayOn in 2022, joining Panoramic Ventures as a backer. The firm has also invested in youth sports management company LeagueApps, underscoring a broader trend among private equity players targeting scalable, tech-enabled platforms within the booming youth sports sector.
Other notable moves in the space include a $100m investment in League One Volleyball led by Atwater Capital, and a $25m injection from Five Elms Capital into youth sports software firm 360Player.
Despite public concerns around private equity’s focus on financial returns, Pilling highlighted KKR’s value and professionalism, noting their role in driving PlayOn’s growth and helping execute the MaxPreps acquisition.
Source: Front Office Sports
If you think we missed any important news, please do not hesitate to contact us at [email protected].