Table Space Expands Managed Office Footprint
Key Highlights
- Table Space and Hillhouse-backed Rava Partners have acquired a majority stake in Philippines-based KMC Solutions.
- The value and exact size of the stake were not disclosed.
- KMC Solutions provides managed workspace and HR solutions.
- The transaction is expected to create one of the larger managed office platforms in the Asia-Pacific region.
- The combined platform will have around 13 million square feet of space under management.
- KMC’s founders will retain a significant stake in the company.
- KMC will continue operating under its existing management team and brand.
- The deal supports Table Space’s strategy of expanding beyond India into international markets.
Table Space, along with Hillhouse-backed Rava Partners, has acquired a majority stake in Philippines-based KMC Solutions as the Indian managed workspace company expands its presence across the Asia-Pacific region.
The companies did not disclose the value of the transaction or the exact stake acquired. KMC Solutions operates an enterprise workspace and business services platform in the Philippines, with a focus on managed workspaces and HR solutions.
Table Space said the acquisition will help create one of the larger players in the APAC managed office sector, with approximately 13 million square feet of space under management.
The transaction is part of Table Space’s broader international expansion strategy. The company said its customers are increasingly operating across multiple markets, creating an opportunity to extend its managed workspace platform beyond India.
Following the transaction, KMC’s founders will retain a significant interest in the business. The Philippines-based company will also continue operating under its existing management team and brand.
Table Space said the partnership would allow it to support global customers across India and the Philippines while strengthening its international growth plans.
KMC Solutions has developed a significant enterprise workspace and business services presence in the Philippines. The partnership with Table Space and Rava Partners is expected to provide the company with additional growth capital, industry ecosystem access and operational expertise.
The deal comes shortly after Table Space Technologies filed draft papers with market regulator Sebi for an IPO. The proposed issue includes a fresh issue of ₹800 crore and an offer for sale of up to 6.55 crore equity shares.
As of March 31, 2026, Table Space had 11.46 million square feet of leasable area across 33 office clusters in eight Tier-1 Indian cities. The KMC acquisition expands the company’s geographic reach into the Philippines and adds to its managed workspace platform.
