Waud Capital Partners Acquires iOFFICE

Ioffice Business Group Acquires United Spaces from Castellum

November 1, 2025

Real Estate

Ioffice Business Group has acquired United Spaces from Castellum to form Sweden’s largest flexible workspace group, combining their locations to manage approximately 67,500 square meters of flexible office space. The two brands will continue to operate independently while collaborating to improve profitability, customer experience and market leadership across Sweden.

Waud Capital Partners Acquires Science Exchange

September 30, 2024

Cloud & SaaS

Waud Capital Partners, a Chicago-based growth-oriented private equity firm, has acquired Science Exchange, a Palo Alto-based provider of life sciences procurement and supplier orchestration SaaS. Under Waud's ownership, Science Exchange's existing leadership will remain in place as the company accelerates product innovation, expands its market presence, and scales its cloud supplier orchestration platform for pharmaceutical, biotech and research customers.

Vista Equity Partners Invests $150M in OfficeSpace Software

January 25, 2022

Cloud & SaaS

Vista Equity Partners has made an approximately $150 million strategic growth investment in OfficeSpace Software, a cloud-based workplace management platform, while existing investor Resurgens Technology Partners remains a significant shareholder. The capital will support OfficeSpace's product and go-to-market expansion as companies continue to adopt hybrid workplace tools.

Thoma Bravo Acquires iOFFICE from Waud Capital Partners

July 1, 2021

Cloud & SaaS

Thoma Bravo has acquired iOFFICE, a Houston-based provider of workplace experience and enterprise asset management SaaS, from prior owner Waud Capital Partners. The deal (which closed following regulatory approval) will keep iOFFICE's CEO Mark Peterson and the existing management team in place while enabling accelerated product development and go-to-market expansion; Waud Capital Partners will retain a minority stake in the go-forward company.

iOFFICE Acquires Teem from WeWork

January 14, 2020

Cloud & SaaS

iOFFICE, a Houston-based provider of workplace experience and asset management SaaS, acquired Salt Lake City-based Teem, a developer of cloud-based meeting space solutions and workplace analytics. The deal follows WeWork's divestiture of Teem and is intended to integrate Teem's meeting-space and analytics capabilities into iOFFICE's broader workplace platform to enhance customer offerings.

iOFFICE Acquires ManagerPlus

November 20, 2019

Cloud & SaaS

iOFFICE, a provider of digital workplace and IWMS SaaS solutions, acquired ManagerPlus, a Utah-based asset and maintenance management SaaS provider. The acquisition expands iOFFICE's cloud-based asset management capabilities and forms part of a new Asset Management Division to broaden its IWMS offering.