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New Deal


Announced

The Instant Group to merge with the digital assets of IWG.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

digital assets

United Kingdom

Private

Majority

Merger

Pending

Friendly

Digital Services

Domestic

Synopsis

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The Instant Group, a provider of independent flexible workspace solutions, agreed to merge with the digital assets of IWG, a workspace company. Financial terms were not disclosed. “The office market has been irrevocably altered by the Pandemic and, by creating a marketplace that offers solutions for hundreds of thousands of clients, Instant will be at the forefront of this change. This merger creates the largest independent global marketplace for flexible workspace and begins to directly answer these challenges, by simplifying where workers and the businesses they serve choose to work," Tim Rodber, Instant CEO.

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