Common Desk
2022
Why
Dallas-Fort Worth coworking operator acquired in January 2022.
WeWork Inc.
Acquisitions
10
Major Deals Covered
$660M
Disclosed Deal Value
WeWork's largest disclosed acquisition here is Naked Hub for $400M in 2018. This page covers 10 major deals from 2015 to 2022, each with its price where disclosed and the reason behind it.
| Company | Year | Price | Purpose |
|---|---|---|---|
| CASE | 2015 | Undisclosed | Real estate and construction technology consultancy; WeWork's first acquisition, in August 2015. |
| Flatiron School | 2017 | Undisclosed | Coding school acquired in October 2017 and sold in June 2020. |
| Meetup | 2017 | $156.0M | Community events platform acquired in November 2017 for about $156 million and sold at a loss in 2020. |
| Conductor | 2018 | Undisclosed | Marketing software company acquired in March 2018; its executives bought it back in December 2019. |
| Naked Hub | 2018 | $400.0M | Chinese coworking operator acquired in April 2018 for about $400 million. |
| MissionU | 2018 | $4.0M | College-alternative startup acquired for $4 million in stock in May 2018 and wound down soon after. |
| Teem | 2018 | $100.0M | Office management software acquired in September 2018 for $100 million and later sold to iOffice. |
| Managed by Q | 2019 | Undisclosed | Office services marketplace acquired in April 2019 and sold at a loss in March 2020. |
| Spacious | 2019 | Undisclosed | Startup that rented daytime restaurant space to remote workers; acquired in August 2019 and shut down in December 2019. |
| Common Desk | 2022 | Undisclosed | Dallas-Fort Worth coworking operator acquired in January 2022. |
2022
Dallas-Fort Worth coworking operator acquired in January 2022.
2019
Office services marketplace acquired in April 2019 and sold at a loss in March 2020.
2019
Startup that rented daytime restaurant space to remote workers; acquired in August 2019 and shut down in December 2019.
2018
Marketing software company acquired in March 2018; its executives bought it back in December 2019.
2018
$400M
Chinese coworking operator acquired in April 2018 for about $400 million.
2018
$4M
College-alternative startup acquired for $4 million in stock in May 2018 and wound down soon after.
2018
$100M
Office management software acquired in September 2018 for $100 million and later sold to iOffice.
2017
Coding school acquired in October 2017 and sold in June 2020.
2017
$156M
Community events platform acquired in November 2017 for about $156 million and sold at a loss in 2020.
2015
Real estate and construction technology consultancy; WeWork's first acquisition, in August 2015.
Under Santora, WeWork is focused on enterprise customers, selective new leases in strong markets, renegotiated rents across the existing portfolio, and new products such as WeWork Go. Its owner Yardi provides real estate technology links, including the WeWork Workplace software developed with Yardi.
WeWork earns membership fees from customers who use its buildings: private offices, dedicated and hot desks, meeting rooms, and day or hourly access. Before bankruptcy it mostly signed long-term leases with landlords and resold the space on shorter terms, which left it with fixed rent obligations against flexible revenue. In Chapter 11 it cancelled or renegotiated hundreds of leases. It still signs leases, such as the 2025 deal at 245 Fifth Avenue and the 2026 deal at 511 Fifth Avenue in Manhattan, and it also sells workspace products such as All Access, On Demand, and the WeWork Go pod launched in April 2026.
WeWork acquired event platform Meetup in late 2017 for approximately $156 million to merge digital community networking with physical WeWork office spaces, later divesting the company in 2020 to AlleyCorp.
In March 2018, WeWork acquired enterprise SEO and marketing platform Conductor for over $100 million; Conductor's management team bought the company back as an independent entity in late 2019.
WeWork deployed investor capital into eccentric, non-core ventures, including a $13.8 million stake in wave-pool company Wavegarden, big-wave surfer Laird Hamilton's food business, and private school WeGrow.
In August 2019, WeWork acquired Spacious, a startup that turned closed daytime restaurants into temporary drop-in coworking spaces, only to shut the business down four months later.
Under interim leadership and Sandeep Mathrani, WeWork systematically sold off or shuttered non-core acquisitions—including Meetup, Conductor, Teambit, and Managed by Q—to halt cash burn.
In March 2022, WeWork acquired Dallas-based boutique coworking operator Common Desk, adding 23 flexible office locations across Texas and North Carolina under an asset-light management framework.
Yardi Systems acquired majority equity control of reorganized WeWork in June 2024 as part of the Chapter 11 plan, capitalizing on synergies between Yardi's real estate software and WeWork's physical desks.
No, reorganized WeWork focuses purely on organic occupancy expansion, landlord management agreements, and digital software partnerships rather than acquiring external startups.
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