ThisWeekIn Coworking

Discussions Β» πŸ”₯ Flex space franchising heats up with big acquisition (πŸ”— Visit source)

In news that was teased out over the weekend, Vast Coworking (that houses flex franchises Office Evolution and Venture X) announced on Monday that they've acquired Intelligent Office.

The acquisition adds 55 locations across the US and Canada to the group, bringing their total to over 190, servicing some 40k+ members. Jason Anderson, President of Vast, will lead the brand and oversee its ongoing development and growth. This big move puts the light back on franchising in flex, an area were IWG currently lead the pack with over 4,000 locations across their 14-or-so brands.

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