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  6. WeWork Acquires Common Desk

M&A Deal Summary

WeWork Acquires Common Desk

On January 25, 2022, WeWork acquired real estate company Common Desk

Acquisition Highlights
  • This is WeWork’s 2nd transaction in the Real Estate sector.
  • This is WeWork’s 14th transaction in the United States.
  • This is WeWork’s 1st transaction in Texas.

M&A Deal Summary
Date 2022-01-25
Target Common Desk
Sector Real Estate
Buyer(s) WeWork
Deal Type Add-on Acquisition

Target

Common Desk

Dallas, Texas, United States
Common Desk is a premier flexible workspace provider that has expanded its network to serve 4,000 customers at a total of 23 locations across 13 cities in Texas and North Carolina. Common Desk was founded in 2012 and is based in Dallas, Texas.

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Buyer(S) 1

Buyer

WeWork

New York, New York, United States
Category Company
Founded 2010
Sector Real Estate
Revenue 3.2B USD (2022)
DESCRIPTION
WeWork co-working office in Austin, Texas.
WeWork co-working office in Austin, Texas.

WeWork is a global network of co-working offices and living spaces that looks to foster a community amongst its members. WeWork was established in 2010 and is based in New York, New York.

DEAL STATS #
Overall 16 of 16
Sector: Real Estate M&A 2 of 2
Type: Add-on Acquisition M&A Deals 16 of 16
State: Texas M&A 1 of 1
Country: United States M&A 14 of 14
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-30 Flatiron School

New York, New York, United States

Flatiron School is a provider of training programs in web application development. Flatiron School was established in 2012 and is based in New York, New York.

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