The Instant Group has acquired yta.se – Sweden’s biggest flexible workspace platform – for an undisclosed price.
The company has more than 8,000 office spaces tracked on its platform in Sweden, which is one of Europe’s fastest growing markets for co-working and flexible workspace.
Viktor Söderström, co-founder and CEO of yta.se, said: “Having grown to become the market leader in Sweden, we are excited about continuing the journey of developing yta.se and our brand under the Instant Group umbrella. Working collaboratively with the Instant leadership team will allow us to accelerate our expansion, providing an expanded service to our existing partners and clients.”
Tim Rodber (pictured), CEO of the Instant Group, added: “We identified the Nordics as an important, fast growing market for flexible workspace. Viktor, Tim [Andersson – yta.se co-founder] and the yta.se team have greatly impressed us with their ability to capitalise on that market growth and their ambitious plans to scale their business.
“Together we are committed to expanding Instant’s global footprint, helping yta.se grow its platform, with Sweden acting as the gateway to the Nordics.”
