Shared services 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 Auckland last year was too ambitious , according to one of its main shareholders , and it was already facing bankruptcy before the sale was completed . A subsidiary , BizDojo Auckland , was liquidated in January , owing NZD341,000 ( $ 278,000 ) to the owners of its site . The sale to IWG should allow the company 's other sites in Auckland , Wellington and Christchurch to continue operating . Ateed spokeswoman Amy Robens​ said the organisation wanted the liquidation process to run its course without interference. IWG already has 14 sites in New Zealand .
Shared services 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 Auckland last year was too ambitious , according to one of its main shareholders , and it was already facing bankruptcy before the sale was completed . A subsidiary , BizDojo Auckland , was liquidated in January , owing NZD341,000 ( $ 278,000 ) to the owners of its site . The sale to IWG should allow the company 's other sites in Auckland , Wellington and Christchurch to continue operating . IWG already has 14 sites in New Zealand .