Vast Coworking Group, the world’s largest privately owned franchisor of coworking spaces, has acquired Intelligent Office, a pioneering concept within the flexible workspace industry. Through the acquisition, Intelligent Office, combined with sister brands Office Evolution and Venture X, elevates Vast to the third largest coworking network globally.
Vast was founded last year by franchising veteran Ray Titus with the express intention of building a framework to connect a variety of coworking brands, services and amenities within the coworking industry — similarly to what has been done by major multi-brand hotel chains. With the addition of Intelligent Office, Vast has expanded its North American footprint by 55 locations throughout the U.S. and Canada; diversified Vast’s portfolio by contributing unique strengths and offerings to the network; expanded member benefits; as well as streamlined operations, enhanced service offerings, and optimized the overall coworking experience. Intelligent Office joins sister Vast brands, Office Evolution and Venture X, in the Starpoint Brands family.
“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 and Starpoint Brands. “Intelligent Office is positioned for great growth in 2024 and is the perfect addition to Vast as we continue to establish an unparalleled network of coworking spaces to meet the evolving needs of our diverse and dynamic member community.”
Launched in 1995, Intelligent Office was the first concept to commercialize the virtual office space. Entrepreneurs with businesses of all sizes were able to leverage Intelligent Office’s flexible office leases. Jason Anderson, president of Vast, will lead the brand and oversee its ongoing development and growth.
“This milestone acquisition propels us to new heights, making us a top choice for professionals seeking flexible and collaborative workspace solutions,” Anderson said. “With a robust network, unmatched amenities, and a commitment to innovation, Vast is set to redefine the coworking landscape globally.”
