Gymshark raises capital from General Atlantic
Gymshark, a UK fitness apparel brand, raised capital from General Atlantic on Aug 14, 2020. Amount invested is separate from enterprise value.
Transaction summary
- Company
- Gymshark
- Investor(s)
- General Atlantic Investor profile →
- Announced
- 2020-08-14
- Geography
- United Kingdom
- Type
- Capital Raise
- Stake issued / invested
- 21%
- First added
- 2026-10-04
- Latest update
- 2026-10-18
Parties at the deal date
Investor(s)
Current investor profile →General Atlantic is a global growth equity investor that invests in fast-growing companies with proven business models and strong revenue growth. We focus on four sectors: consumer, financial services, healthcare and technology, where we have deep expertise and a strong track record of helping companies manage growth by seizing new opportunities, mitigating risks, and preparing to scale their business models for global growth. We seek to build enduring partnerships with our portfolio companies, reinforced by our stable, flexible capital program. To create long-term value that is essential to growth investing, we aim to be an active lead investor with significant minority ownership, working with management teams to meaningfully change outcomes. Unlike traditional private equity funds, General Atlantic's unique structure provides a more stable capital base that enables us to invest patiently and independent of fundraising cycles. Our capital base is largely composed of entrepreneurial and philanthropic families, reinforcing our long-term approach. General Atlantic was founded in 1980 in the United States, originally as a family office of Charles Feeney. Since then, we have expanded into a global fund with multiple Limited Partners and overseas offices.
Snapshot preserved for this transaction; current company profiles may differ.
Raise and valuation context
100% enterprise value
GBP 1.0B
100% enterprise value | GBP
Basis: Estimated
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
Approx. $1.3B USD using FX date 2020-08-14 at 1.3100 GBP/USD.
EV / revenue
3.9x
Period: August 2020 Round; Revenue Period Basis Unspecified
Basis: Public source
EV / EBITDA
-
EBITDA basis not stated
Basis: Public source
Basis
- General Atlantic’s August 2020 announcement values Gymshark above £1bn; estimated EV uses £1bn. Multiples reports US$343m annual revenue alongside the round and a 3.9x revenue multiple, with the annual period unspecified.
Source summary
Gymshark secures investment from General Atlantic valuing company at over £1 billion
ConfirmedThe investment will see General Atlantic take a 21 per cent stake in the business
Open sourceGymshark Revenue, Valuation, Funding & Investors
ConfirmedGymshark revenue was $343M, as disclosed with its latest round.
Open sourceContinue your research
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