Shared workspace provider IWG has acquired New Zealand co-working firm BizDojo , which was facing financial problems. The start-up's decision to open four sites in Christchurch last year was too ambitious, according to one of its main shareholders, and it was left facing liquidation before the sale was agreed. A subsidiary, BizDojo Auckland , was liquidated in last year , owing Neale Jackson ($ 340,000 ) to the landlord of its site. " The sale to IWG should allow the company's other sites in Auckland , Auckland and Christchurch to continue operating. IWG already has 14 sites in New Zealand .
Shared workspace provider IWG has acquired New Zealand co-working firm BizDojo , which was facing financial problems. The start-up's decision to open four sites in Christchurch last year was too ambitious, according to one of its main shareholders, and it was left facing liquidation before the sale was agreed. A subsidiary, BizDojo Auckland , was liquidated in last year , owing Neale Jackson ($ 340,000 ) to the landlord of its site. The sale to IWG should allow the company's other sites in Auckland , Auckland and Christchurch to continue operating. IWG already has 14 sites in New Zealand .