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Alternative Assets  + Direct Investment  + M&As  + Real Estate  | 
Proptech HqO Acquires Smart Office Platform

Proptech HqO Acquires Smart Office Platform 

Proptech firm HqO has acquired Symbiosy, a smart-office platform created by workspace provider HB Reavis. 

The transaction follows the recent announcement of its $50+ million Series D funding in October 2023, along with the launch of the firm’s Real Estate Experience (REX) platform. 

The acquisition expands the Boston-based firm’s geographical footprint, especially in European business hubs, including London, Berlin and Warsaw. 

Symbiosy provides employee experience, data management, and visualization technologies that support enhanced working experiences for increased performance, according to HqO. 

“Adding Symbiosy to the HqO family is the perfect fit with our vision to put people and their experiences of space at the center of the real estate industry. By pairing HqO’s newly launched REX Platform with Symbiosy’s deep expertise in creating intelligent and innovative workplaces, we are reimagining the future of real estate experience,” said Chase Garbarino, co-founder and CEO at HqO. 

Symbiosy is HqO’s third acquisition in two years. The company bought Leesman, a startup that assesses employee workplace experience, in June 2022, and Office App, a European tenant and employee engagement platform, in November 2021. 

HqO has powered over 400 million square feet at over 700 properties in 32 countries through its REX platform. 

Pictured: Chase Garbarino, HqO co-founder and CEO  

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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