Add-on Acquisition • Real Estate

TKO Suites Acquires Source Office Suites

On July 20, 2020, TKO Suites acquired real estate company Source Office Suites

Acquisition Context
  • This is TKO Suites’ 1st transaction in the Real Estate sector.
  • This is TKO Suites’ 1st transaction in the United States.
  • This is TKO Suites’ 1st transaction in Maryland.

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M&A Deal Summary

Date July 20, 2020
Target Source Office Suites
Sector Real Estate
Buyer(s) TKO Suites
Deal Type Add-on Acquisition
Advisor(s) Generational Group (Financial)

Target Company

Source Office Suites

Rockville, Maryland, United States
Source Management, Inc. is s provider of office suites in the greater Washington Metropolitan area with full service to its tenants. Source Management is based in Rockville, Maryland.
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Buyer Overview 1

Buyer

TKO Suites

New York, New York, United States

Category Company
Sector Real Estate
DESCRIPTION

TKO Suites is an independent office suite provider focusing on providing independent working professionals and budding entrepreneurs affordable office space solutions in New York City.


Deal Context for Buyer #
Overall 1 of 1
Sector: Real Estate 1 of 1
Type: Add-on Acquisition 1 of 1
State: Maryland 1 of 1
Country: United States 1 of 1
Year: 2020 1 of 1