Sports brand Gymshark tar­gets £1bn val­u­a­tion

The Daily Telegraph - Business - - Business -

Sports­wear brand Gymshark is tar­get­ing a £1bn val­u­a­tion in a deal to sell a stake of about 20pc. The com­pany, which was set up eight years ago by 27-year-old Ben Fran­cis, one of Bri­tain’s wealth­i­est un­der-30s, has pri­vate equity firms In­flex­ion and Gen­eral At­lantic among the po­ten­tial bid­ders, Sky News re­ported.

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