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New Deal


Announced

Trustbridge Partners to invest in WeWork China in a $200m deal.

Financials

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Transaction Value£157m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Real Estate Holding and Development

Cross Border

Friendly

China

Private

Private Equity

real estate holding

Pending

Minority

Acquisition

Single Bidder

Synopsis

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Trustbridge Partners, a growth equity investment firm, agreed to invest in WeWork China, a flexible space provider, in a $200m deal. “Having watched the execution of WeWork in Greater China over the past few years, and the growing need for flexibility accelerated by the pandemic, Trustbridge firmly believes the demand that WeWork provides will only continue to increase. Aligning with Trustbridge’s philosophy in adopting a unique ecosystem-driven approach concentrating on the value of physical space, design and helping companies transform, Trustbridge is confident of the growing demand for space-as-a-service as companies in Greater China continue to grow and maximize the unprecedented growth opportunities ahead,” Feng Ge, Trustbridge Partners Managing Partner.

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