• Events
  • Marketplace
  • Resources
  • Press Releases
  • Business Directory
  • About Us
  • Advertise
  • Contact
The FUTURE OF WORK® since 2003
Allwork.Space
Subscribe
  • All Topics
    • Business
    • Biophilic Design
    • Career Growth
    • Coliving
    • Collaboration
    • Coworking
    • CRE
    • DE&I
    • Digital Nomads
    • Future of Work
    • Home Office
    • Human Resources (HR)
    • Hybrid Work
    • Investment
    • Leadership
    • Marketing
    • Mental Health
    • Mergers & Acquisitions
    • Office Furniture
    • Productivity
    • PropTech
    • Remote Work
    • Self-care
    • SMBs
    • Social Impact
    • Space-as-a-Service
    • Technology
    • Virtual Office
    • Work-life Balance
    • Workforce
    • Workplace Design
    • Workplace Wellness
  • News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • Marketing
  • CRE
  • Podcast
  • More
    • Advertise With Us
    • Marketplace
    • Events
  • All Topics
    • Business
    • Biophilic Design
    • Career Growth
    • Coliving
    • Collaboration
    • Coworking
    • CRE
    • DE&I
    • Digital Nomads
    • Future of Work
    • Home Office
    • Human Resources (HR)
    • Hybrid Work
    • Investment
    • Leadership
    • Marketing
    • Mental Health
    • Mergers & Acquisitions
    • Office Furniture
    • Productivity
    • PropTech
    • Remote Work
    • Self-care
    • SMBs
    • Social Impact
    • Space-as-a-Service
    • Technology
    • Virtual Office
    • Work-life Balance
    • Workforce
    • Workplace Design
    • Workplace Wellness
  • News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • Marketing
  • CRE
  • Podcast
  • More
    • Advertise With Us
    • Marketplace
    • Events
No Result
View All Result
Allwork.Space
Switch Now to OfficeRnD Flex and Keep 2023 Pricing
Home Business

Regus Quietly Acquires Businessuites

Cecilia Amador de San JosébyCecilia Amador de San José
October 26, 2015
in Business
Reading Time: 3 mins read
A A
bigstock Confidential ink pad

Vector illustration of blue Confidential ink pad

Share on FacebookShare on TwitterShare to Network
Switch Now to OfficeRnD Flex and Keep 2023 Pricing

Update October 28, 2015

We just received confirmation that Businessuites has indeed sold to Regus. The deal is set to close this Friday, October 30th. 

Papaya Global - Payroll Platform


About a couple of weeks ago, we heard that Regus had bought Businessuites, the second of Preferred Office Network’s three original founders.

Since then, we’ve been trying to get to truth of this rumor. We emailed Regus’ PR team; and got no reply. So we emailed John Jordan, Businessuites’ President, and again, we received no reply. Hmmm, the silence is starting to sound like an official NDA inspired ‘silent period’ before a closing.

We couldn’t stop there, so we looked at their websites with the hopes of finding if there were any hints and clues regarding this quiet purchase by Regus–which we’ve learned is how they like to operate. Back in April, Regus bought Abby Suites, and it wasn’t until a few weeks later that they went public about the transaction.  

Our findings, though not conclusive, do point to the fact that a change has indeed happened with Businessuites–particularly in regards to their relationship with Preferred Office Network.

[ezcol_2fifth]1. Businessuites is no longer listed as Preferred Network Office Member in the latter’s website
Considering Businessuites was one of Preferred Office Network’s founders, we find it highly interesting that they are suddenly not a member anymore. We took some screenshots of the the listed members, but you can check out the list for yourself here. [/ezcol_2fifth] [ezcol_1fifth]
Captura de pantalla 2015-10-19 a las 7.57.12[/ezcol_1fifth] [ezcol_1fifth]Captura de pantalla 2015-10-19 a las 7.57.26[/ezcol_1fifth] [ezcol_1fifth_end]Captura de pantalla 2015-10-19 a las 7.57.39[/ezcol_1fifth_end]
2. Businessuites’ website still shows that they are a member of Preferred Office Network
Curious, don’t you think? Either Preferred Office Network had a slip while updating their page, or Businessuites forget to completely update their site. (Screenshot taken October 19th, 10:00 a.m. EST) (update: October 22nd, 4:00 p.m. Businessuites has finally taken this down)Captura de pantalla 2015-10-19 a las 7.55.42
We tried to get in touch with Preferred Office Network hoping they could clarify the member status of Businessuites, but again, we received no answer.  
3. Regus’ website doesn’t yet show their new acquired locations
It appears that Regus has not yet made available their new locations to the public–Businessuites locations included Maryland, Nevada, North Carolina, Pennsylvania, Tennessee, Texas, and Virginia.
However, this doesn’t convince us that Regus didn’t buy Businessuites–quite the contrary, we’re thinking Regus and Businessuites are still working on the finer details of the buy.

 

The question remains as to when the announcement will be made of Regus’ continued expansion in different markets through the acquisition of smaller office space providers. Just this year, they took over Avanta–a large UK operator–and Abby Executive Suites–an operator in Texas with a location in New Orleans.  

We’ll be keeping an eye on Regus and their moves within the industry. If we can be sure about one thing, it is that Regus plans to continue to expand, and according to their 2015 Interim Results Presentation, they’re still on track to create (or acquire) a total of 600 new locations by the end of the year.

 

  Your go-to resource on the Future of Work®  Get the emerging trends, top stories, and latest news on the world of work straight into your inbox each weekday morning.   
Cecilia Amador de San José

Cecilia Amador de San José

Cecilia Amador de San José, Senior Associate Editor of Allwork.Space, is based from wherever her laptop is. She enjoys traveling and visiting new flexible workspaces.

No Result
View All Result
Yardi Kube IT Management
Later - Turn followers into customers
FlexJobs logo
1Password - Start Today

Latest News

Surge In Visa Applications Is Reshaping Global Work And Travel Trends

Surge In Visa Applications Is Reshaping Global Work And Travel Trends

December 6, 2023
Overtime Mythbusting: More Hours Don't Mean More Productivity

Overtime Mythbusting: More Hours Don’t Mean More Productivity

December 6, 2023
“Remote Jobs" Dominates 2023 Google Searches, Signaling Lasting Workforce Transformation

“Remote Jobs” Dominates 2023 Google Searches, Signaling Lasting Workforce Transformation

December 6, 2023
Front-Line Employees Value Flexible Schedules Over Remote Work

Front-Line Employees Value Flexible Schedules Over Remote Work

December 6, 2023
Lamborghini Drives Change In Europe With Move To Four-Day Work Week

Lamborghini Drives Change In Europe With Move To Four-Day Work Week

December 6, 2023
IWG Sets $1 Billion Profit Target, Spearheading the Hybrid Work Revolution into 2024

IWG Sets $1 Billion Profit Target, Spearheading the Hybrid Work Revolution into 2024

December 5, 2023

News and Features

Business

Tech

Marketing

Design

Work-life

CRE

Coworking

Workforce

Daily Digest

Podcast

Resources

Marketplace

Events

Press Releases

FlexSpace, Coworking
and Office Space

Los Angeles

New York

Chicago

Washington, D.C.

Houston

Dallas

Miami

San Francisco

Atlanta

Philadelphia

Seattle

Austin

Company

About Us

Submit to Allwork.Space

Contact

Advertise

FlexSpace

Terms Of Use

FlexSpace FAQs

Privacy Policy

Connect with Allwork.Space

Twitter

Linkedin

Facebook

Instagram

YouTube

Apple Podcasts

Spotify

Google Podcasts

©2023 Allwork.Space  l  Exploring the FUTURE OF WORK® since 2003.

No Result
View All Result
  • Home
  • News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Experts
    • Podcast
    • Opinions
  • Resources
    • Research + Reports
    • Marketplace
    • Find Office Space
    • Find Remote Jobs
    • Press
  • Events
  • About Us
    • Advertise
    • Submit to Allwork.Space
    • Contact
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00