India, June 25 -- Managed office space provider, Incuspaze, has acquired Pune-based co-working firm Trios in a cash and stock deal to expand its business, the company said. The company did not mention the deal value.

With the acquisition of TRIOS, Incuspaze strengthens its footprint in the Pune market, aligning with its ambition to become a full-stack workspace provider for MNCs and Global Capability Centers (GCCs).

"In a 100 per cent acquisition with a cash and stock deal, the topline revenue will be up by 10-15 per cent, contributing towards Incuspaze's target of Rs.350-400 crore revenue for 2025-26," the company said.

"The integration is expected to unlock substantial value through revenue synergies, advanced technology capabilities...