hygge coworking has acquired Advent Coworking
(April 29, 2022) Hygge Coworking will acquire its fifth location in Charlotte and expand to the Belmont neighborhood through the purchase of Advent Coworking, a single-location coworking space that’s been operating since 2015.
Advent Coworking’s space will add 28,000-square-feet, 84 private offices, 5 meeting rooms, a yoga studio, and an event space to Hygge’s current offerings. Advent’s founder and owner Kevin Giriunas has built the business up steadily over the years, hosting the Queen City Podcast Network, countless events and numerous artists and businesses within the company’s walls.
Advent managed to survive the brunt of the pandemic and even expanded its space in 2021, adding 4,700 square feet via the former Codescape escape room space on the building’s second floor.
Giriunas moved to Asheville earlier this year and has been supporting his team of three remotely since then. “My life has morphed and evolved in ways I never could have imagined through the pandemic, raising a toddler, and moving to Asheville,” Giriunas said. “This is immensely difficult for me, but in order to best support the Advent team and our members, I realized it was time for me to step away. Hygge acquiring Advent will expand our members’ benefits, allow more career growth for the Advent team, and continue to push coworking to new heights in Charlotte and beyond.”
Though he’s had other buyers approach him with interest in the space, Giriunas wanted to ensure that the coworking business model continued and his members weren’t displaced. At that point, he turned to Hygge Coworking founder and owner Garrett Tichy. Both business owners are champions of supporting local businesses and wanted to see the coworking space continue to grow under local operation.
Tichy started Hygge in 2015 as well, forming out of their flagship location on Westmere Ave near Bank of America Stadium. Hygge is one of the largest independently owned and operated coworking spaces in the country. There are locations throughout west Charlotte as well as one in Camp North End. Hygge also offers meeting spaces, a podcast studio, a gym called FIT at its Remount Road location and a retail collective called Lokal at Camp North End.
When approached with the idea, Tichy was immediately intrigued. “I have a lot of respect for the business Kevin has created and the work he’s done to support the Charlotte community,” he said. “This seemed like a logical way to grow the Hygge Coworking brand in the current real estate climate.”
Advent Coworking will operate under Hygge’s name and branding. Two of Advent’s full-time employees will remain on staff and be offered positions with Hygge Coworking. A third full-time employee had planned a transition out of the business prior to the sale. Giriunas will move on from the business and looks forward to exploring new ventures in Asheville.
About Hygge Coworking: Hygge Coworking was started by Garrett Tichy in October 2015. The coworking space boasts four locations across Charlotte and over 500 coworking members. Public amenities include a podcast studio, meeting space, a gym focused on group fitness called FIT and a retail collective that operates at Camp North End. Hygge Coworking employs 4 full-time employees and supports small businesses, entrepreneurs, nonprofits and artists throughout the city. Learn more at wearehygge.com.
About Advent Coworking: Founded in November 2015 by Kevin Giriunas, Advent Coworking has expanded within its building at 933 Louise Ave. several times over the years to support its growing membership base, which now sits at over 300 individuals. Advent is known for its robust event series, partnerships with local artists and podcast studio. The business employs 4 full-time individuals to operate its space. Learn more at adventcoworking.com.
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