iOffice Buys Teem After WeWork Lets It Go

iOffice has scooped up conference room reservation startup Teem after WeWork announced plans to sell the company.

The two companies had some integrated solutions together before iOffice was bought by private equity firm Waud Capital Partners in 2018, said iOffice CEO Mark Peterson said in an interview with Crunchbase News.

iOffice jumped on the deal and was in contact with WeWork within hours, Peterson said.

“Bringing what Teem has done with what iOffice has really gives both companies a boost,” Peterson said.

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