Mergers and acquisitions (M&A) are often used as tools to strengthen an organization’s standing in the economy — and with the UK’s economy in peril, the concept could gain traction in the coming months.
For UK flexible workspace provider UBC, acquiring Inigo Business Centers has allowed it to expand its portfolio to 15 locations, increasing its likelihood of withstanding the forecasted recession.
UBC is the recipient of multiple Flexible Space Association awards and is known for its day passes, hourly bookings and other on-demand services.
“It’s no secret that UBC has been seeking expansion opportunities, and Inigo Business Centres is a good fit,” said Richard Johnson, managing director at UBC.
“The Inigo centres offer an impressive portfolio of flexible workspaces in exquisite period or listed buildings around the UK, enabling UBC to enter a number of exciting new locations including our first venture into Scotland.”
