Table Space Steps Up Global Expansion Before IPO, Buys Majority Stake in KMC Solutions With Hillhouse

Managed workspace provider Table Space and Rava Partners-backed KMC Solutions have bolstered their foothold in the Asia-Pacific office market by acquiring a majority stake in the Philippines-based company. Bengaluru-headquartered Table Space did not disclose the exact stake acquired or the financial value of the transaction. KMC Solutions, which provides managed workspaces, human resources support, and business services in the Philippines, will enable Table Space to cater to a broader client base spanning India and the Philippines.

The deal is expected to create one of the largest managed office space platforms in the Asia-Pacific region, encompassing approximately 13 million square feet under management.

KMC Solutions will maintain its existing brand and management team post-acquisition, with its founders retaining a significant stake in the business. The partnership will provide both companies access to growth capital, operational expertise, and a wider industry ecosystem, thereby supporting global clients and advancing Table Space's international expansion plans.

Co-CEOs Karan Chopra and Kunal Mehra emphasized that India will remain central to the company's growth strategy. However, customers are increasingly expanding across several markets, creating opportunities for Table Space to extend its platform to strategically important international locations.