Hubble is acquired by leading
proptech provider Yardi

It seems the acquisition trend is at boiling point. Hot on the heels of CBRE’s all-in acquisition of workspace operator Industrious, Yardi, the global real estate technology giant has just snapped up renowned flexible workspace marketplace, Hubble (as well as US booking platform, Deskpass). Here’s what to know about the tech supplier’s newest flex purchases. 

In a sea of flexible workspace brokerages and marketplaces, Yardi has reeled in the right catch—Hubble’s tech-oriented marketplace is a natural fit with Yardi’s status as a global leader in real estate technology, creating strong synergy between the two.

Hubble has carved out its reputation as a go-to platform for businesses seeking adaptable workspace options—from on-demand desk and room bookings to fully customizable office spaces on flexible terms. Now, joining forces with a proptech powerhouse with 9,500 employees worldwide, Hubble is poised to expand its reach, connecting users with more workspace options globally and streamlining the booking experience for its customers.

“The last decade building Hubble into the UK’s leading flexible workspace marketplace has been an incredible journey,” said Tushar Agarwal, CEO and Co-founder of Hubble. “Now, with Yardi, we’re excited to accelerate our growth and enhance the value we deliver to customers. This acquisition allows us to scale our platform, provide access to more inventory worldwide, and continue enabling businesses to find workspace solutions tailored to their unique needs.”

Tushar expands, “As a business, our vision has always been to enable businesses to find workspace solutions that are accessible and adaptable to their teams’ unique ways of working. We’re incredibly excited to continue to realise our vision with Yardi. This acquisition enables us to scale our platform, provide access to more inventory worldwide, and create seamless booking and office search experiences for our customers.”

Yardi is no doubt well-versed in bold acquisitions. Just last year the leading global tech provider acquired a 60% stake in WeWork for $337M, enabling the coworking giant's bankruptcy recovery. Now, the tech supplier sees its double acquisition as an opportunity to curate a comprehensive global infrastructure that seamlessly connects office users with space providers, from office landlords to coworking operators:

"We are excited to build a global infrastructure to connect office users with space from the best office owners and coworking operators," says Robert Teel, President of Yardi Global Solutions. "The Deskpass and Hubble teams bring a wealth of customer and industry knowledge about flexible marketplaces to help us service this evolving customer need.” 

Bolstered by its twin purchase, Yardi continues to strengthen its foothold in the flexible workspace market, while cementing its position as a dominant force in real estate technology.

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