New York-based coworking operator Knotel is continuing its international expansion with the purchase of Deskeo, France’s leading flexible space firm. The acquisition adds 20 Paris locations to Knotel’s portfolio.
Deskeo launched in 2016 and has a presence across Paris and its suburbs. Deskeo founders Frank Zorn and Benjamin Teboul will now have executive positions at Knotel and lead operations in France.
“We look for companies who have established a strong presence in the local market and will greatly benefit from Knotel’s ability to scale and deep industry expertise,” said Eugene Lee, Knotel’s global head of real estate & business development.
In their move to become an international household name, Knotel also acquired Ahoy! Berlin, a nautical-themed workspace in Germany. For now, the company has about 2.5 million square feet of total office space.