Flexible Workplace Company Workchew Acquires New York’s KettleSpace
Flexible workspace startup WorkChew, which is attempting to be a sort of Airbnb of work by turning hotels, empty office spaces, and restaurants into workspaces, announced today that it has acquired the workspace assets of KettleSpace, a provider of flexible workplace solutions in New York City.
The acquisition increases WorkChew’s presence in the flexible workplace sector and substantially expands its footprint in New York City. Terms of the transaction were kept private.
The acquisition helps WorkChew continue to meet rising demand from companies looking for agile workspace solutions as they roll out post-pandemic hybrid work models where employees work in and outside the office.
KettleSpace is among the top flexible workspace providers in New York, serving thousands of professionals since 2016 across a network of flexible locations. Its membership consists of a thriving community of small businesses, freelancers, and enterprise businesses.
“We decided to focus on building our SaaS product line during the pandemic as the workspace business was at a standstill. When deciding to sell our workspace product line, we looked at the players in the industry, and we felt like WorkChew was clearly the best flexible workspace operator out there,” said KettleSpace CEO Nick Lovacchini.
- ◦Sale/Acquisition
