Company
VANTAS Incorporated (formerly Alliance National) is a leading international operator of executive office suites, with more than 200 locations.
Location
New York, NY
Sector
Manufacturing/Other
Position
Realized
Transaction
Northwood co-led several rounds of institutional financing beginning in 1996, when VANTAS operated only 15 centers. Northwood’s position was sold in 1999 to publicly traded FrontLine Capital Group, Inc. for cash and stock. The company was subsequently merged with HQ Global, which operates more than 300 officing centers. In 2004, HQ Global was acquired by Regus plc for $300 million. hq.com
