Global real estate technology provider Yardi has acquired UK flexible workspace marketplace Hubble for an undisclosed price.
The Hubble marketplace, which allows users to book desks and rooms on-demand through to renting full- or part-time office space on flexible contracts, was founded in 2014 by chief executive Tushar Agarwal, chief technology officer Tom Watson and Rohan Silva.
Agarwal (pictured) said: “The last decade building Hubble into the UK’s leading flexible workspace marketplace has been an incredible journey. Now, with Yardi, we’re excited to accelerate our growth and enhance the value we deliver to customers.
“As a business, our vision has always been to enable businesses to find workspace solutions that are accessible and adaptable to their teams’ unique ways of working. We’re incredibly excited to continue to realise our vision with Yardi. This acquisition enables us to scale our platform, provide access to more inventory worldwide, and create seamless booking and office search experiences for our customers.”
Robert Teel, president of Yardi Global Solutions, added: “We are excited to build a global infrastructure to connect office users with space from the best office owners and coworking operators. The Hubble team brings a wealth of customer and industry knowledge about flexible marketplaces to help us service this evolving customer need.”
