Bank news

Spanish operator, Synergym, has entered into a €70 million syndicated financing agreement to fuel domestic expansion. Founded in 2013, by Sergey Miteyko and Leonard Lvovich ... More

Wearable tech company, Myzone has created an advisory board to provide the business with strategic insights into trends and behaviours in the evolving landscape for ... More

Fitness participation rates in the United Arab Emirates and Kingdom Saudi Arabia are growing faster than anywhere else in the world, but the key barriers ... More

Sporting Memories Foundation Scotland and Edinburgh Leisure are collaborating to launch a weekly club to tackle depression, dementia, and loneliness through sport. Sporting Memories has ... More

One of Australia’s largest gym operators, Viva Leisure, is coming to the UK after signing a master franchise agreement for its low cost Plus Fitness ... More

Global wellbeing organisation Therme Group has acquired Therme Erding – a vast 145,000sq ft wellbeing destination located near Munich in Germany. Recognised as one of ... More

Following the completion of PureGym’s Blink Fitness acquisition, outgoing CEO, Humphrey Cobbold, and incoming CEO, Clive Chesser, lift the lid on the rollercoaster journey. “I ... More

As iconic fitness brand Crunch celebrates its 35th birthday, CEO Jim Rowley tells HCM about building it up from the ashes and his aspirations to ... More

UK Active has written to chancellor, Rachel Reeves, asking for measures to offset the cost increases the fitness sector will incur as a result of ... More

PureGym has announced that the U.S. Bankruptcy Court has approved its acquisition of Blink Fitness. PureGym will acquire Blink's corporate operations and up to 67 ... More

It has been confirmed that PureGym is the winning bidder in the auction for US operator, Blink Fitness, with a successful bid of $121 million. ... More

The Shredquarters has announced the launch of a new boutique franchise brand called Fuse, with the first location in Beaconsfield UK. The Beaconsfield site is ... More

Edinburgh Leisure has launched its first impact report since 2015, which shows progress in the face of extreme budget pressures and soaring demand. There has ... More

Pure Gym has raised the necessary funds to allow the purchase of Blink Fitness, which had filed for protection under Chapter 11 of the US ... More

Odyssey Health Club & Spa has undergone a management buy-out with long-term manager, Stephen Aucott, taking ownership. The high-end club in Knebworth UK was established ... More

The Gym Group’s Next Chapter strategy is delivering results and the and the UK-based operator expects full-year results at the top-end of recently revised market ... More

PureGym is making a bid for the majority of the assets of Blink Fitness, which was put into Chapter 11 by owner, Equinox, on 12 ... More

Martin Seibold, CEO of LifeFit Group, has confirmed to HCM that the acquisition of the company, announced in June, has been completed today (5 September). ... More

A new Nordic-inspired contrast bathing experience is set to open in Liverpool in Q3, offering residents, visitors and commuters a serene escape in the heart ... More

Directors, Aaron McCulloch and James Lorey, have completed a management buy-out of Your Personal Training (YPT) to become the sole owners and operators of Your ... More

Blink Fitness, the affordable fitness brand founded in 2011 and owned by Equinox Holdings, has filed for Chapter 11 bankruptcy in the District of Delaware, ... More

Twelve million shares in Life Time Group Holdings are currently in play since CEO, Bahram Akradi revealed the company intends to sell six million shares, ... More

Terme & Spa Italia, manager of Tuscany's Terme di Saturnia, is embarking on an ambitious urban wellness venture in Milan to create Italy’s largest urban ... More

Community Leisure UK (CLUK) and The Richmond Group of Charities have joined forces to support charitable trusts and social enterprises in strengthening their programmes for ... More

Employee wellness app GoJoe has teamed up with Les Mills for a major new content offering, giving access to hundreds of new workouts. The partnership ... More