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Office Services Startup Managed by Q Makes its First Acquisition | cre.tech

This is a smart acquisition for Managed by Q, which provides in-office services on-demand. Hivy collects employee requests Managed by Q responds with services. Vertical integration in a nutshell. New York City-based on-demand office services startup Managed by Q just acquired another office management startup, Hivy. This is the first-ever acquisition for the four-year-old company […]

This is a smart acquisition for Managed by Q, which provides in-office services on-demand. Hivy collects employee requests Managed by Q responds with services. Vertical integration in a nutshell.

New York City-based on-demand office services startup Managed by Q just acquired another office management startup, Hivy. This is the first-ever acquisition for the four-year-old company which started as a kind of Uber for office cleaning and has grown into an office operations platform including administration, IT, security, cleaning, and maintenance. Propelled by $72 million in venture capital funding, the fast-growing company currently employs almost 1,000 employees nationwide.

Source: Office Services Startup Managed by Q Makes its First Acquisition | cre.tech

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