<ul data-eligibleForWebStory="true">Managed office space provider Incuspaze acquires Pune-based co-working firm Trios in a cash and stock deal.The deal value was not disclosed by the company.Incuspaze, established in 2016, operates in over 50 locations across 18 cities covering 40 lakh square feet.Trios, founded in 2017, manages 12 co-working centres in Pune and Gurugram.Incuspaze aimed at addressing the rising demand for flexible workspaces in Pune through the acquisition.Sanjay Choudhary, Incuspaze's CEO, foresaw a 10-15% increase in revenue after the acquisition, targeting Rs 350-400 crore by 2025-26.The acquisition is viewed as a strategic and cultural fit by Incuspaze, enhancing its regional presence and operational efficiency.The founders of Trios will have extended roles in Incuspaze post-acquisition to aid in the integration process.Customers from both firms can expect a seamless transition with improved services and pricing model remaining unchanged.Sanjay Chatrath, Incuspaze's cofounder, emphasized the move towards creating a nationwide network of top-notch flexible workspaces.FlexLeaze, a new initiative by Incuspaze, offers comprehensive office leasing solutions to businesses, led by co-founder and CEO Rahul Sarin.Incuspaze ventures into fit-out lease services through FlexLeaze within its managed office space segment.