Representatives for the Office Group didn’t immediately respond to requests for comment. New York -based The Yard has reportedly been in discussions with competitors about selling part or all of the company. Sources said it has held talks with Blackstone , the London -based subsidiary of Knotel and Office Group , which has 14 locations and has been trying to break into the Virginia market. Talks with both companies have ended without a deal. The Yard , which confirmed it had been in talks, is now working with investment bank Houlihan Lokey to raise funds to grow the company. Founded in 2011 in Williamsburg , New York , the co-workspace operator now has 14 locations.
New York -based The Yard has reportedly been in discussions with competitors about selling part or all of the company. Sources said it has held talks with Blackstone , the London -based subsidiary of Knotel and Office Group , which has 14 locations and has been trying to break into the Virginia market. Talks with both companies have ended without a deal. The Yard , which confirmed it had been in talks, is now working with investment bank Houlihan Lokey to raise funds to grow the company. Founded in 2011 in Williamsburg , New York , the co-workspace operator now has 14 locations.