The Executive Centre (TEC), KKR and TIGA Investments have announced the signing of definitive agreements under which a consortium led by KKR and TIGA Investments will acquire TEC.
TEC is Asia’s third-largest flexible office space provider, with annual turnover in excess of $237 million. The Executive Centre’s offerings include high-quality enterprise solutions, premium private offices, coworking and virtual spaces, each equipped with meeting and event facilities, and a broad range of full IT support and corporate concierge services.
KKR makes its investment through its investment funds. Additional details of the transaction were not disclosed.
