Announced
Financials
Sources
Tags
Majority
Private
Friendly
Domestic
United States
Single Bidder
Real Estate Services
Pending
Acquisition
workspace provider
Synopsis
WeWork, an American commercial real estate company, agreed to acquire Common Desk, a premier flexible workspace provider based in Dallas, Texas. Financial terms were not disclosed. "With an eye towards partners most aligned with our priorities, Common Desk presented itself as a sophisticated operator with a compelling approach to providing a top notch member experience without sacrificing strong margins or an exceptional product. On the heels of a strong year for our business, Common Desk’s operational expertise and portfolio of first-class space will further bolster our value proposition as we focus on strategic growth," Sandeep Mathrani, WeWork CEO.
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