Craig Robinson shares the news that Industrious have expanded through acquisitions in both Europe and APAC markets.

The US-based firm acquired Great Room (with locations in Singapore, Bangkok & Hong Kong) and Welkin & Meraki (with locations in Paris, Brussels & the Netherlands).

The linked article also notes that CEO Jamie Hodari said that the firm aims to double its international presence, but was not considering raising further capital, "unless timing is right and capital markets are receptive".

Interestingly the Bloomberg report also mentions that their revenue run rate is $250M, and that revenues for the last quarter of '21 were up 37% from the previous quarter, in comparison to WeWork's 9% increase over the same period.