Who Owns Gymshark?

Table of Contents


Introduction: Why People Ask About Gymshark’s Ownership

As someone who runs an activewear brand, I get this question a lot. Knowing who owns Gymshark helps explain its product direction, brand voice, and long-term strategy. This article gives you clear, sourced answers—without the jargon.

What you’ll learn

  • Who founded the company
  • Who owns it today
  • Why private equity got involved
  • What it means for customers & founders

Who Founded Gymshark?

Gymshark was founded in 2012 by Ben Francis in Birmingham, UK. He started by sewing and screen-printing in his parents’ garage, then leaned into social media and athlete partnerships.

Key milestones

  • 2012 – Launch as a small DTC label
  • 2013 – Viral exposure at a UK fitness expo
  • 2016 – US expansion accelerates growth
  • 2020 – Company valued above £1B after a minority investment

Further reading: Forbes profile on Ben Francis


Who Owns Gymshark Today?

Short answer: Gymshark remains majority founder-owned.
In 2020, US private-equity firm General Atlantic acquired a minority stake to support global scaling. Founder Ben Francis kept control.

Why that matters

  • Founder control typically preserves brand vision
  • Institutional backing adds capital & international know-how

See investor: General Atlantic


Who Is Ben Francis?

Ben Francis is Gymshark’s founder and current CEO. He’s a product-led operator who built the brand through community and creator marketing.

Snapshot

  • Born 1992, Birmingham, UK
  • Background: coder, pizza delivery driver, content creator
  • Stepped back from CEO in 2015; returned to CEO in 2021

Public updates: Ben’s LinkedIn

Ben Francis


Is Gymshark Still a Private Company?

Yes. Gymshark is privately held. There’s no confirmed IPO timeline.

Private vs. public

  • Private: founder control, long-term focus, fewer disclosures
  • Public: broader access to capital, higher reporting overhead

Gymshark’s Growth & Investor Impact

Gymshark scaled through DTC e-commerce, influencer partnerships, and tight product drops.

Growth highlights

  • Ships to 180+ countries
  • Flagship retail opened in London; US retail experiments underway
  • Revenue has grown rapidly since 2016

What the investor brings

  • Expansion playbooks (US/EU), executive bench, and operations rigor
  • Capital for logistics, retail pilots, and category depth

What Makes Gymshark Different?

Factor Gymshark’s edge
Marketing Creator & community-first, heavy social proof
Model Direct-to-consumer keeps pricing sharp & data tight
Product Trend-aware fits for lifting/athleisure
Ownership Founder-led with institutional support

Why customers care

Consistent brand voice, faster product cycles, and a community that feels authentic—not just ad-driven.

GYMSHARK


FAQ: Quick Answers About Ownership

Q1. Who owns Gymshark right now?
Founder Ben Francis holds a controlling stake; General Atlantic owns a minority share.

Q2. Is Gymshark on the stock market?
No. It’s private.

Q3. Why bring in a private-equity investor?
To fund international growth (US, EU), retail experiments, and operations at scale.

Q4. What does founder control change?
Product direction and community strategy remain aligned with the original vision.


Final Thoughts: Why Ownership Matters to You

If you’re a customer, founder-led ownership often means clearer product vision and tighter community alignment.
If you’re a brand builder, Gymshark shows how community + DTC + disciplined ownership can beat oversized ad budgets.

Related internal read: Top Gym Wear Manufacturers (2025 Edition)

owen@bless-dg.com

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