McDermott + Bull has successfully placed Nicholas Schultz as President + Chief Executive Officer at National Gym Supply. Nicholas will spearhead the company’s strategic direction and operations, growing its market share and enhancing operational efficiencies across its extensive network of fitness equipment supply services. He will play a critical role in driving the company’s growth initiatives and maintaining its reputation for high-quality service in the fitness industry.
Nicholas brings significant financial and operational leadership experience across several industries. Most recently, he was the Chief Executive Officer and President at Bravo Sports, where he helped drive substantial revenue growth. Earlier in his career, he served as Chief Financial Officer and Head of International Business at Kraco. Nicholas received a Bachelor of Science in business administration from Georgetown University.
National Gym Supply is private equity-backed by Lometa Capital Partners and is a leader in the supply of OEM and direct-sourced replacement parts for fitness equipment. A one-stop-shop for its customers’ repair parts needs, National Gym Supply offers its customers a comprehensive and turn-key system for maintaining a diverse portfolio of commercial fitness equipment models.
Lometa Capital Partners is a multi-family office investing in strategically viable lower middle market companies in the business services and niche manufacturing industries.
This executive search was led by McDermott + Bull Managing Partner Jeff Black, Partner Jason Levi Pinegar, Director Julia Markward, and Senior Research Associate Isabelle Karl.