Headquartered in Baltimore, Under Armour is best known as a designer, marketer and distributor of branded athletic performance apparel, footwear and accessories. The sale comes five and a half years after Under Armour acquired the company for $475 million. Under Armour has announced that it will be selling fitness app MyFitnessPal to investment firm Francisco Partners for $345 million. Subscribe to the Crunchbase Daily Under Armour to sell MyFitnessPal Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know. Freelance Writers: How To Pitch Crunchbase News.
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