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Gymshark founder in talks to buy back part of stake sold to private equity firm
The Guardian Business 1 day ago

Gymshark founder in talks to buy back part of stake sold to private equity firm

Quick Summary

Ben Francis, who started business in parents’ garage, sold 21% stake in deal that created £1.25bn sportswear brand Business live – latest updates The founder of Gymshark is in talks to buy back a portion of the stake he sold to private equity in a deal that created a billion-pound sportswear empire , as the 34-year-old looks to increase his control of the exercise clothing brand. Ben Francis, who started the business sewing his own gym clothes in his parents’ garage in 2012, sold a 21% stake to the US private equity firm General Atlantic in 2020. Continue reading...

Category
Business
Published
Friday, July 3, 2026 at 7:34 AM
Publisher
The Guardian Business

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