Nick Coutts news

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

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 ... More

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 ... 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

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

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 ... More

Holmes Place Health Clubs is expanding in Spain and Portugal with the launch of a new franchising concept. The first Fitness WorX opened in March ... More

Holmes Place is set to open its first club in Cologne at the beginning of this month. The 45,000sq ft health club will be the ... More