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

Gymshark founder in talks to buy back part of stake sold to private equity firm. Ben Francis, who started business in parents’ garage, sold 21% stake in deal that created £1.25bn sportswear brandBusiness live – latest updatesThe 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% sta

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Trechos de apoio da pauta: Ben Francis, who started business in parents’ garage, sold 21% stake in deal that created £1.25bn sportswear brandBusiness live – latest updatesThe 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...

• Ponto de atenção: gymshark.
• Ponto de atenção: founder.
• Ponto de atenção: talks.

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