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Gymshark founder reportedly considering buying back stake from General Atlantic

Gymshark founder and chief executive officer Ben Francis is believed to be in talks to buy back part of the stake held by private equity investor General Atlantic, according to the Financial Times, in a move that would increase his control of the activewear brand. The discussions reportedly centre on the size and valuation of the transaction,...

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Business

Chrono24 raises 100 million euros in latest round of funding

Chrono24, the global digital marketplace for new and pre-owned luxury watches, has secured more than 100 million euros (118 million US dollars) in Series C investment. The round was led by General Atlantic, a leading global growth equity firm, with participation from Aglaé Ventures, the technology arm of LVMH founder Bernard Arnault’s family...

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Business

Gymshark secures investment from General Atlantic

Midlands-based sports fitness and apparel brand Gymshark has secured investment from private equity firm General Atlantic in a deal that values the company at more than 1 billion pounds. Gymshark said in a statement that the strategic partnership with General Atlantic would allow the brand to “turbo-charge” its intentions to become a leading...

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