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New Deal


Announced

Completed

Newmark completed the acquisition of Knotel.

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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real estate

Private

flexible workspace

Domestic

Friendly

United States

Acquisition

Single Bidder

Real Estate Services

Majority

Completed

Synopsis

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Newmark, a commercial real estate services firm, completed the acquisition of Knotel, a global flexible workspace platform. Financial terms were not disclosed. "As a global commercial real estate leader, Newmark believes that our nimble integrated platform, combined with Knotel's capabilities, will provide superior management and consulting services to corporations and owners around the world. We look forward to completing our purchase of Knotel and welcoming so many of their talented professionals to Newmark," Barry Gosin, Newmark CEO.

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