CoWorks, the world’s largest coworking franchise network behind Office Evolution and Venture X is changing its name to Vast Coworking Group.
The group has developed a successful multi-brand coworking franchise model.
The announcement comes after a successful half of the year, with both franchise brands recording ‘significant growth and double-digit sales increases’.
Over the last 12 months, the 2 brands have jointly opened 9 new locations and signed 28 new franchise agreements.
Overall, Vast Coworking Group currently has 133 locations in 28 US states and operations of Venture X in 7 additional countries worldwide including Spain and the UK.
“The age of ‘Coworking 2.0’ is here, where flexibility is not only the expectation but has become the standard in how we work. As more companies and individuals continue to shift toward flex, we want Vast to be at the forefront of providing the best and most seamless solutions in the franchise space,” said Jason R. Anderson, President of Vast Coworking Group.
The network will continue to operate as a division of United Franchise Group (UFG), the global leader for entrepreneurs.