Vast Coworking Group becomes the world 3rd biggest coworking space network, behind IWG and Wework.
The company bought Intelligent Office, a US veteran flexible office provider based in Denver.
With this acquisition, Vast Coworking Group now has over 190 locations, 40.000 members, and occupies 223.000 m2 of space in eight countries worldwide, among which three are in Europe (UK, France and Portugal) under the brand Venture X.
Vast Coworking supervises the largest portfolio of Coworking franchise brands, with Office Evolution, VentureX and now Intelligent Office. Most of the locations are located in North America.
“Intelligent Office brings not only more locations to Vast, but also its unique, full service member experience that includes custom call answering, executive assistants, and more,” said Titus, CEO of United Franchise Group, the company that houses Vast Coworking Group.
Vast Coworking Group was founded in 2023 by Ray Titus, founder and CEO of UFG, with the express intention of building a framework to connect a variety of coworking brands, services, and amenities within the coworking industry, providing the largest privately owned affiliated franchise network of flexible, professional, and shared office space options on the planet.