Incuspaze's Strategic Leap: Stronger Co-Working Presence with Trios Acquisition

In a strategic move to expand its market presence, Incuspaze, a managed office space provider, announced the acquisition of Trios, a Pune-based co-working firm, in a cash and stock deal. The acquisition is part of Incuspaze's growth strategy to capitalize on the growing demand for flexible workspaces, particularly in Pune.

Established in 2016, Incuspaze operates in over 50 locations across 18 cities, managing a portfolio of 40 lakh square feet. The company aims to boost its topline revenue by 10–15% through this acquisition, contributing to its target of Rs 350-400 crore in revenue for 2025–26. Trios, founded in 2017, runs 12 co-working centers in Pune and Gurugram.

Incuspaze Founder and CEO Sanjay Choudhary expressed confidence in integrating Trios, highlighting cost efficiency and customer experience standardization as key benefits. Post-acquisition, Trios' founders will remain involved, aiding the transition process that promises customers enhanced offerings without changes to pricing or service models.

(With inputs from agencies.)