SquareFoot, a New York City-based commercial real estate technology company, acquired PivotDesk, a Boulder, Colorado-based flexible office space marketplace.
The amount of the deal was not disclosed.
PivotDesk connects companies with excess space to companies that need it. Offerings range from single desks in a shared office to subleases and coworking space.
Now operating as a subsidiary of the company, PivotDesk will allow SquareFoot to serve growing businesses across the country that are prioritizing flexibility and future growth in their office space search.
Founded in 2012 by Jonathan Wasserstrum, CEO, SquareFoot combines proprietary technology and an experienced brokerage team to modernize the leasing process — from initial search to lease signing. The company, which has closed more than 600 transactions to date, also has an additional office in Belfast, United Kingdom.
FinSMEs
22/02/2019