Fitness Hut news

VivaGym – the fast-growing operator of high-value low-price gyms in Spain and Portugal – is acquiring Synergym International, another Spanish based HVLP gym operator to ... More

"The fitness industry is facing an identity crisis," was Anna Bjustam's opening statement as she addressed delegates at the HCM Summit 2025 in London this ... More

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 ... More

HCM understands that the directors of énergie Fitness have brought in specialist company FRP Advisory (FRP) to look at options for recapitalising the business. One ... More

Fitness industry veteran Nick Coutts has been appointed chair of Danish fitness tech firm Motosumo. Coutts took up the role on 1 December, replacing the ... More

Bridges Fund Management has completed a deal to buy franchise gym operator, énergie Fitness. The private equity firm has acquired a majority stake for an ... More

Philip Newborough, co-founder of investment company Bridges Fund Management, has claimed that capitalism "risks losing its mandate" – and that every business needs to start ... More

Budget club operator énergie Fitness is looking for a new financial partner after appointing Clearwater International and Canaccord Genuity as its new financial advisors. The ... More

Spanish firm Viva Gym has announced the acquisition of Portuguese brand Fitness Hut, creating the largest low-cost fitness group in the Iberian Peninsula. The sale ... More

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. The ... More

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 ... More

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 ... More

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 ... More

Image: Spanish clubs are "facing a tough time" VAT paid by health club operators across Spain is to increase from the current rate of 8 ... More

Budget gym operator Fitness Hut, founded by industry veteran Nick Coutts, recently opened its first site in Lisbon. The new club - the first of ... More

Entrepreneur and former CEO of Holmes Place Iberia, Nick Coutts, is to launch his new budget club venture in Portugal this month. The first Fitness ... More

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 ... More