General Atlantic Takes 21% Stake in Gymshark at Over £1 Billion Valuation

General Atlantic Makes Minority Investment in Partners Capital Investment Group

February 8, 2024

Financial Services

General Atlantic has acquired a minority stake in Partners Capital Investment Group by purchasing equity from longstanding external shareholders and some founding-generation partners. The transaction will increase ownership by the current leadership to retain senior talent while enabling Partners Capital to leverage General Atlantic's global network and capabilities to deepen investment and technology capabilities.

General Atlantic Acquires Majority Stake in Joe & the Juice

November 13, 2023

Restaurants & Hospitality

General Atlantic has agreed to acquire a majority interest in Joe & the Juice from Valedo Partners, which will fully exit its investment. The investment will support Joe & the Juice's international expansion (notably in the U.S., UK, Europe, Middle East and beyond), accelerate digital and franchise channels, and reduce debt to enable an unlevered store rollout.

General Atlantic Makes Strategic Investment in Financial Information Technologies (Fintech)

August 1, 2023

Payments & Fintech

General Atlantic has made a strategic growth equity investment in Financial Information Technologies, LLC (Fintech), joining existing investor TA Associates. The capital will support Fintech's product innovation, expansion of its payments and data platform for the beverage alcohol industry, and pursuit of M&A initiatives.

Chess.com Receives Growth Investment from General Atlantic

January 14, 2022

Media & Entertainment

General Atlantic has made a significant growth equity investment in Chess.com, one of the world’s largest online chess platforms; terms were not disclosed. The capital will support Chess.com’s international expansion, product development, and community growth — the company reports roughly 75 million registered users and about 300 full-time team members.

HGGC Acquires Majority Stake in PF Atlantic Holdings (Rebranded Grand Fitness Partners)

November 18, 2021

Healthcare Services

HGGC completed a majority investment in PF Atlantic Holdings, which is rebranding as Grand Fitness Partners; co-founders David Bidwell and Scott Linsky will continue to lead the business and retain a significant minority stake alongside current investor Monogram Capital. Grand Fitness Partners, headquartered in Toms River, New Jersey, operates 42 Planet Fitness locations across Florida, California, New Jersey and Pennsylvania; financing for the transaction was provided by Carlyle’s Global Credit and Goldman Sachs Asset Management Private Credit.

Blackstone Acquires Majority Stake in SPANX

October 20, 2021

Consumer Products

Blackstone (through its Blackstone Growth and Tactical Opportunities businesses) agreed to acquire a majority stake in SPANX, Inc. at a $1.2 billion valuation, with founder Sara Blakely retaining a significant equity stake and becoming Executive Chairwoman. The investment is intended to accelerate SPANX's digital transformation, expand its global footprint, and support product and category growth across e-commerce and retail channels.