By Caoimhe Gordon12 October 2021
Gymshark founder Ben Francis and the brand’s private equity backers have started talks with banks and investors in advance of a potential IPO.
The sportswear giant is in discussion with institutional investors and investment banks over a potential float on the London Stock Exchange, just over a year after the brand hit a £1bn valuation, according to Sky News.
Although any potential IPO is still in the discussion stages, a source told Sky that an announcement could be revealed in the coming months, with little idea of the size of any flotation.
Already have an account? Sign in here
Site powered by Webvision Cloud