
Exclusive: Adanola founder considers stake sale
Drapers understands Adanola has appointed advisers at professional services firm PwC to find prospective investors to accelerate its growth plans.
Tom Copeland, partner of corporate finance at PwC, is believed to be leading the sale process. Copeland previously advised Gymshark on its minority stake sale to private equity firm General Atlantic in 2020, which valued the brand at more than £1bn.
Owner and founder Hyrum Cook set up the women's fitness brand in 2015 and it has been on an upwards tra...
Tom Copeland, partner of corporate finance at PwC, is believed to be leading the sale process. Copeland previously advised Gymshark on its minority stake sale to private equity firm General Atlantic in 2020, which valued the brand at more than £1bn.
Owner and founder Hyrum Cook set up the women's fitness brand in 2015 and it has been on an upwards tra...