SQUATWOLF Secures Minority Investment from ASCA Capital to Boost Expansion Plans

By Press Release, 04 May 2023

Dubai, United Arab Emirates — ASCA Capital Limited, a DIFC based asset manager focusing on private equity investments in high-growth companies, today announced that it has made a minority investment in SQUATWOLF, a fast-growing premium gymwear brand founded in Dubai and with product design and innovation in the UK. The terms of the investment allow for ASCA to invest up to USD 30 million over time with a significant proportion being invested in the first 12 months to support identified expansion initiatives.  The investment will enable SQUATWOLF to expand its omni-channel presence, further develop its product line, strengthen its internal capabilities and enhance its customer engagement and brand presence.


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