Bluestone Equity Partners leads $55 million Poolhouse investment
The founders of Topgolf and Puttshack are building a technology-enabled cue-sports business around the BillyQ vision-processing and licensing platform.
Takeaways
- Poolhouse is a Technology-enabled cue-sports company operating premium venues and licensing its BillyQ vision-processing, scoring and gameplay platform.
- Bluestone Equity Partners and Poolhouse are classified as a secondary transaction.
Bluestone Equity Partners led a $55 million growth investment in Poolhouse, a technology-enabled cue-sports company founded by Topgolf and Puttshack creators Steve and Dave Jolliffe.
The capital will support the global expansion of BillyQ, Poolhouse's vision-processing platform for automated scoring, interactive gameplay and player analytics, as well as additional premium venues.
Poolhouse operates a flagship location in London and is developing sites in New York City, Nashville and Australia, while pursuing licensing opportunities with hotels, casinos, pool halls and bars.
Bluestone Partner Walker Brumskine will join the board, and Principal Jake Harris will serve as a board observer.
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