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New Deal


Announced

Completed

Cushman & Wakefield completed a $150m investment in WeWork.

Financials

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Transaction Value£108m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Domestic

Friendly

Minority

Completed

Single Bidder

Acquisition

real estate holding

Real Estate Holding and Development

United States

Synopsis

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Cushman & Wakefield, a real estate services firm, completed a $150m investment in WeWork, a flexible space provider. “WeWork is recognized as an innovator in our industry because they have demonstrated their ability to build a tenant experience that people are drawn to, and they’ve been a pioneer in using technology to efficiently manage that experience and the office space around it. Through this partnership, Cushman & Wakefield will scale WeWork’s technology offerings around tenant experience beyond their own branded spaces into the rest of the office market, giving our clients access to leading data and insights that drive optimal workplace experience and return on investment," Brett White, Cushman & Wakefield Executive Chairman and CEO.

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