Vast Coworking Announces Acquisition of Intelligent Office
Vast Coworking Group — a privately owned franchisor of coworking spaces — announced that it had acquired Intelligent Office, a coworking operator spanning 55 locations across the United States and Canada. Intelligent Office now joins Vast’s other coworking brands of Office Evolution and Venture X, expanding the franchisor’s reach in North America.
Founded in 1995, Intelligent Office became a franchise in 1999 and now provides a unique, shared workspace concept complete with private offices, meeting space and phone-answering services. The company is best known as one of the first shared workspace operators to provide virtual office space, thereby offering companies the opportunity to operate from a desirable location and get mail-handling services without a physical presence on location.
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Intelligent is now also part of Starpoint Brands, a division of United Franchise Group (UFG) that brings together trusted brands with a high standard of quality in their respective industries.
With the new acquisition, Vast Coworking Group is set to become the third-largest coworking network globally. Vast was founded last year with the goal of bringing together quality coworking and shared office brands and services in similar fashion to hotel chains comprising multiple brands. Members will enjoy expanded benefits and service offerings as the operator joins the Vast family. Jason Anderson, president of Vast Coworking Group, will lead the Intelligent Office brand in its ongoing development.
“We are thrilled to welcome Intelligent Offices into our Vast family,” Anderson said. “This milestone acquisition propels us to new heights, making us a top choice for professionals seeking flexible and collaborative workspace solutions. With a robust network, unmatched amenities and a commitment to innovation, Vast is set to redefine the coworking landscape globally.”
“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 Ray Titus, CEO of UFG. “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.”