Gymshark Reportedly Weighing IPO
Ben Francis, the 29-year-old British entrepreneur who co-founded Gymshark in 2012, and his private equity supporters have started discussions with investment banks and potential institutional investors about a possible public offering, according to Sky News. The talks are said to be in a preliminary stage. There is no certainty that an IPO will follow, considering the bearish market conditions that recently led iFIT Health & Fitness to drop its own plans to go public. Gymshark, which sells its fitness apparel exclusively online in more than 130 countries, got a valuation of more than ... Log in to view full article.