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

The Guardian Business Friday 03 July 2026, 07:34 UTC By Mark Sweney 1 min read
Key Points

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...

Ben Francis, who started business in parents’ garage, sold 21% stake in deal that created £1.25bn sportswear brand

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.

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Gymshark (ORG) Ben Francis (PERSON) US (LOCATION) General Atlantic (ORG)
Originally published by The Guardian Business Read original →

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