The shareholders of Headspace Properties Limited (Headspace) have sold the business to BE Offices Limited (BE Offices). Financial details have not been disclosed.
Headspace is a flexible workspace operator providing uniquely designed and inspiring office space, co-working, meeting and event space catering to a large customer base in London and Manchester. Founded by Jonathan Rosenblatt to serve the creative, media and technology sectors, the business grew from a single site in Farringdon in 2014 to multiple sites in London and most recently opening in Manchester, reflecting the appeal of its inventive workspace offering.
BE Offices is a successful serviced office provider, operating over 700,000 sq.ft of work space across the UK and London. The firm has a large portfolio of business centers and currently employs over 300 people. The acquisition is part of a broader strategy to enter the rapidly expanding tech, media and creative sector of the flexible workspace market.
Oaklins Cavendish, based in the UK, advised the seller in this transaction.n.
Jonathan Rosenblatt, Founder of Headspace, said: “I have very much enjoyed working with Cavendish and pleased to find such a complementary match for Headspace in BE Offices. As an entrepreneur, I wanted good advice and felt very well supported every step of the way. Many thanks to the whole team.”
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