Knotel Acquires French Flexible Workspace Provider Deskeo
Summary
Under the terms of the transaction, Deskeo founders, Frank Zorn and Benjamin Teboul, will head Knotel operations in France. Founded in 2016 by Benjamin Teboul and Frank Zorn, Deskeo provides flexible office space with tailor made services. The startup, which has developed a new product combining coworking and traditional leases, designs and builds offices for its clients which reflect their organizational set up and corporate culture. Knotel’s takeover of Deskeo will more than double the number of its locations in Europe, and positions the company for continued growth across the continent following launch in London and a recent acquisition of Ahoy!Berlin. Led by Amol Sarva, CEO, Knotel has over 2.5 million square feet across more than 125 locations in Paris, New York, San Francisco, London, Los Angeles, Berlin and Brazil.