Incuspaze Acquires Pune’s Trios to Boost Co-Working Space
Incuspaze, a provider of managed office spaces, has acquired the Pune-based co-working firm Trios in a cash-and-stock transaction to enhance its business footprint. The specifics of the deal have not been disclosed. Founded in 2016, Incuspaze currently operates in over 50 locations across 18 cities, with a total portfolio covering 4 million square feet. Trios, established in 2017, runs 12 co-working centers in Pune and Gurugram. In a statement released on Monday, Incuspaze indicated that the acquisition of Trios is a strategic move to meet the increasing demand for flexible workspaces in Pune. “This complete acquisition, executed through a cash-and-stock…