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Announced

Completed

Eden completed the acquisition of Managed by Q from WeWork.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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office services

office cleaning

office supplies

Majority

Friendly

workplace management

Acquisition

Private

United States

Property Services

Single Bidder

Completed

Synopsis

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Eden, a workplace platform, completed the acquisition of Managed by Q, a workplace management services provider, from WeWork. JLL Technologies, the technology division of the leading real estate firm, led the investment round. Financial terms were not disclosed. “Workplace experience matters more than ever before, and the teams at Eden and Managed By Q are focused on creating a better place to work, for everyone. By coming together, we can enhance our software offering and services marketplace with greater scale and resources. We look forward to building a more streamlined and innovative future for the workplace together, and in doing so, empower our customers and service vendors to do their best work,” Joe Du Bey, Eden CEO and co-Founder.

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