Caleb Parker, co founder of Bold and Chris Manson, CEO of Newable.
Jane Imrie

Flexible workspace startup to grow national presence following acquisition

A London-based flexible workspace firm is set to open new locations across the country after being acquired by a branded office solutions specialist.

Bold is set to open a series of new locations across the UK after being acquired by NewFlex, the branded office solutions specialist powered by Newable.

Founded in 2016 by former CEO Caleb Parker and ex-TransferGo marketing director Magnus Olby, Bold offers flexible workspace for entrepreneurs, SMEs and freelancers.

Backed by NewFlex, Bold plans to open more than 25 new locations across the country over the next 36 months.

Caleb Parker, co-founder of Bold commented: “We are excited to join NewFlex for the next stage of our growth journey.

“The traditional lease model is being disrupted by flexible workspace operators who are taking margins from landlords.

“Bold’s aim is to protect the value of real estate assets and create flexible workspaces that entrepreneurial people love.”

Chris Manson, CEO of Newable, added: “We’re thrilled to have Bold join the NewFlex family and expand our offering of workspace solutions for even more SMEs and entrepreneurs.

“We share the goal of providing beautifully designed workspaces for a diversifying range of occupiers and with Bold, we are able to tap into the increasing demand for unique office solutions.

“The addition of Bold is a significant step forward in spearheading our 2020 plans of continued growth and optimising our existing portfolio of flexible office brands.”

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