Announced
Financials
Sources
Tags
Single Bidder
co-working spaces
Minority
Friendly
Acquisition
Pending
Private Equity
United States
Real Estate Services
Private
Synopsis
A GV-led consortium agreed to acquire a minority stake in The Wing, a network of work and community spaces designed for women, from WeWork, a co-working and space-as-a-service platform. Financial terms were not disclosed. "Last quarter, we articulated a long-term plan for disciplined growth and a clear path to profitability, and we continue to execute on this plan each day. These sales mark the latest progress in WeWork’s evolution and allow our talented team to focus on the core business and delivering an exceptional experience for our members," Artie Minson, We Work co-CEO.
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