Gymboree
PE-Owned1 Documented ImpactBain's $1.8B LBO loaded $1.2B in debt. Interest exceeded operating profit. Filed bankruptcy twice, liquidated all 1,280 stores. 11,000+ workers lost jobs.
Ownership Information
Gymboree is owned by Bain Capital. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
Gymboree founded
Acquired by Bain Capital for $1.8 billion
Gymboree bankrupted twice by Bain Capital's $1.8B LBO debt
Bain loaded $1.2B in debt. Annual interest went from $0.25M to $91M — exceeding operating profit by $38M. Filed bankruptcy 2017 and 2019. All 1,280 stores liquidated. 11,000+ workers lost jobs.
Gymboree Files for Bankruptcy Liquidation
CNN →Before vs. After PE Acquisition
Store count
Reported 2019
Before PE
1,280 stores
After PE
0 (liquidated)
↓ 100%
Community Reviews
Share your experience →Tracked Locations
AZ (1)
Phoenix
2438 Main St
Phoenix, AZ 85001
555-220-7121
IL (1)
Chicago
2391 Main St
Chicago, IL 60601
555-486-3830
OR (1)
Portland
2066 Main St
Portland, OR 97201
555-340-7453
PA (1)
Philadelphia
1413 Main St
Philadelphia, PA 19019
555-863-3609
TN (1)
Nashville
3383 Main St
Nashville, TN 37201
555-797-6960
TX (3)
Austin
9011 Main St
Austin, TX 73301
555-454-2142
Dallas
4159 Main St
Dallas, TX 75201
555-873-3582
Dallas
5807 Main St
Dallas, TX 75201
555-993-4412