Mergers and acquisitions (M&A) continue to be a key growth strategy for established players providing solutions in the commercial office market, allowing them to augment their portfolio offerings to match the dynamic landscape. Our market analysis finds that M&A activity in the sector has seen an unprecedented rise since 2018, long before COVID disrupted workplaces and the economy. While some commentators expected the pandemic to cause a decline in M&A in 2020, other analysts, including Memoori, predicted the increase we ultimately saw over recent years. The relentless consolidation in the sector is a key force shaping the future of the global workplace market. “In our previous report, we tracked 49 acquisitions in this space in 2018 to 2019, 17 with transaction values amounting to $4.6 billion in total. However, ​​in the last two years, we have identified a further 62 acquisitions in the digital workplace space,” our new research explains. “Consolidation has continued to intensify, as workspace management and workplace […]