We take advantage of Sherpa Capital's investment in Busining to explain what coworking is and how it is revolutionising the corporate sector worldwide.

Get in touch with our experts.

Coworking: from trend to fashion

As a result of the present social paradigm, the coworking was born as an alternative to the traditional business model which has revolutionised work habits, achieving 50% of growth worldwide last year.

Coworking is defined as a more flexible working option, compared to the model that precedes it, in terms of working hours and workplace. With this new model, the need to have a physical office becomes secondary, avoiding the costs of the same, and in addition, the work environment is understood in a more flexible way as it can be adapted according to the specific requirements of each moment, making the space no longer a burden for business growth.

Large corporations, for example, have seen the advantages of these open workspaces. They highlight the increase in the productive and innovative capacity of their teams by taking them out of the corporate dynamic and introducing them into an interdisciplinary ecosystem made up of professionals with different profiles, giving great added value to the business.

SMEs are also joining coworking, as this model allows them to access the advantages of a large corporation at affordable prices, by being able to enjoy a wide network of offices, meeting rooms, common spaces for socialising, professional back-office equipment, technical and maintenance service, and, above all, the possibility of requesting any personalised service at any time.

For all these reasons, there is a consensus in the sector that coworking has a huge future and the figures highlight this trend. For example, in the United Kingdom, where this type of office space accounts for 4% of the total supply, major corporate operations have been carried out, such as the acquisition of The Office Group by Blackstone or Carlyle's investment in Uncommon. Meanwhile in Spain, coworking is in the process of consolidation - with special relevance in Madrid and Barcelona - thanks to the arrival of international players such as Spaces or Wework, which have motivated national real estate groups such as Colonial with Utopicus or Merlin Properties with Twisttt to join this trend.

CORPORATE FINANCE EXPERTS

Coworking operation in Spain: Sherpa Capital backs Busining

Sherpa Capital, a leading private equity firm investing in mid-sized companies facing new strategic challenges, has taken a majority stake in Busining, one of the leading operators of coworking spaces.

As a result of this expansion plan of more than 20 million euros, it is expected that Sherpa Capital will position Busining as the firm with the largest presence in the national area. As a result of this project, Busining will have 30 centres occupying a surface area of more than 70,000 m2 distributed throughout the country. To date, Busining has a strong presence in Madrid, with more than 12,000 m2 of flexible workspaces distributed in five centres.

In this growth plan, Sherpa Capital will have a majority stake in Busining, while its founder, Óscar García Toledo, will maintain a relevant participation in the management of the company. Gómez Acebo y Pombo has participated in the transaction advising the buyer and Haya Capital -which will make a minority investment- and Gold Abogados advised the seller.

Other coworking operations worldwide

The following table lists five companies, mostly American, that are committed to open workspaces as well as the total amount of investments received.

Other posts that may interest you

https://techma.bakertilly.es/valoracion-de-una-empresa-saas/

https://techma.bakertilly.es/game-changers/

What's new in the H2020 SME Instrument?

Yes you want to look for investors, buying a company or sell your company, contact our experts in Corporate Finance.