Announced
Financials
Tags
Single Bidder
Acquisition
digital assets
United Kingdom
Private
Majority
Merger
Pending
Friendly
Digital Services
Domestic
Synopsis
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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