Hot off the back of their latest acquisition of Abby Executive Suites, Regus has ploughed ahead with another big-name merger: Avanta.
Richard Morris, CEO UK, Regus, has made an official statement:
“I am delighted to welcome the customers and employees of Avanta
to Regus. Combining the two businesses gives us a network of 320 locations
across 50 cities in the UK, providing our many thousands of customers with the
very best places to work and be more successful.”
The move brings Avanta’s portfolio, the majority of which is
based in Central and Greater London, to Regus UK’s already large-scale presence
in the capital.
Regus currently operates over 100 locations across Greater
London, including its latest centre at The News Building in
London Bridge, and this announcement brings another 30 of Avanta’s London
offices under the Regus remit.
Avanta was formed in 2004 as Avanta Managed Offices Ltd and inJuly 2013 it was
acquired by the
AIM-listed company, Serviced Office Group Plc. This led the combined
organisation to become the UK’s second largest provider of office space by
workstation, behind only Regus.
In March 2015 it was announced that the recently acquired Evans
Easyspace would depart the Regus portfolio, leaving room for afurther 400 new
locations in 2015.
Both Abby’s and Avanta’s portfolio adds a sizeable amount to Regus’ wishlist,
but there is still room for more, and we’re barely into the second quarter of
Where will Regus turn next?
16 April 2015