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Leisure, lifestyle, wellness and entertainment growth investor, Imbiba, has invested in boutique
gym brand, 1Rebel's holding company, One Rebel Ltd, after closing a £90 million fund.
news •
20 May 2024
Speaking to HCM, global CEO of Lift Brands, Ty Menzies, has confirmed that the company –
owner of Snap Fitness and Fitness On Demand – is up for sale.
news •
13 May 2024
US private equity fund, Providence Equity Partners, is acquiring a majority stake in VivaGym
from Bridges Fund Management, which will exit as a shareholder. Financial terms have not been
disclosed.
news •
30 Apr 2024
Motosumo has launched a dynamic interactive platform offering live, instructor-led classes which can
be joined by anyone on a stationary bike.
news •
01 Jul 2021
John Treharne, founder of The Gym Group, and Jana Havrdová, president of the Czech Chamber of
Fitness, are among four new members to have been elected onto the EuropeActive board.
news •
07 Apr 2021
Fitness tech startup Motosumo has secured a Series A funding round, which it will use to expand and
develop its at-home indoor cycling platform.
news •
26 Mar 2021
Fitness tech firm Motosumo has launched a new service, allowing gym operators to deliver HIIT
group workouts and indoor cycling classes to their members' living rooms.
news •
25 Mar 2020
Fitness industry veteran Nick Coutts has been appointed chair of Danish fitness tech firm Motosumo.
news •
03 Dec 2019
Bridges Fund Management has completed a deal to buy franchise gym operator, énergie
Fitness.
news •
03 Aug 2019
The co-founder of Bridges Fund
Management, which has backed The
Gym Group, Planet Fitness and Fitness
Hut tells Kate Cracknell every business
needs to think about social impact
HCM issue 1 2019
Spanish firm Viva Gym has announced the acquisition of Portuguese brand Fitness Hut,
creating the largest low-cost fitness group in the Iberian Peninsula.
news •
11 Jan 2018
Switching to a rental model for personal trainers will deliver a profit of £1.5m this year at
Fitness Hut, CEO Nick Coutts has revealed.
news •
20 Sep 2017
The Fitness Hut CEO talks about
disrupting the Portuguese fitness market
and giving members more for less
HCM issue 9 2017
Fitness Hut opened three clubs in Portugal this April: in Loures, 18k north of
central Lisbon; Linda-A-Velha, 8k west of central Lisbon and seaside town south
of Lisbon, Setubal.
news •
15 May 2015
We round up the expansion plans of a selection of key private sector operators around the world, and offer a snapshot of upcoming UK public sector developments
HCM Handbook 2015
Kristen Walsh looks ahead to the European Congress, being held in Amsterdam from 16–19 October
HCM issue 9 2014
Low-cost operator Fitness Hut has announced it completed a transaction with
Portuguese investment fund Oxy Capital on 2 July, providing the chain with
access to €12m (US$16.2m, £9.4m) of growth funding.
news •
18 Jul 2014
Fitness Hut co-founder and CEO Nick Coutts was honoured with the 2013 IHRSA
European Club Leadership Award at the association’s 13th Annual European
Congress in Madrid.
news •
13 Jan 2014
VAT paid by health club operators across Spain is to increase from the current
rate of 8 per cent to 21 per cent later this year. There is concern among stakeholders in the Spanish fitness
industry that the VAT rate rise will hit the already under-pressure membership numbers at health clubs.
news •
27 Jul 2012
Budget gym operator Fitness Hut, founded by industry veteran Nick Coutts,
recently opened its first site in Lisbon.
news •
10 Nov 2011
Entrepreneur and former CEO of Holmes Place Iberia, Nick Coutts, is to launch
his new budget club venture in Portugal this month.
news •
17 Oct 2011
Nick Coutts, a former chief executive officer of health club chain Holmes Place Iberia, is to launch a new budget health club venture called Fitness Hut.
news •
01 Jun 2011
Pedro Ruiz, CEO of Portugal's largest health club chain Vivafit, has warned that up to a third of health clubs in the country could be forced to close due to the government's decision to increase VAT on fitness from 6 to 23 per cent.
news •
01 Dec 2010
Holmes Place Health Clubs is expanding in Spain and Portugal with the launch of a new franchising concept.
news •
18 May 2006
Holmes Place is set to open its first club in Cologne at the beginning of this month.
news •
30 May 2003
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