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New Deal


Announced

Coworker to acquire The Instant Group.

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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co-working spaces

Majority

real estate

Cross Border

Real Estate Holding and Development

United Kingdom

Private

Acquisition

Pending

Friendly

Single Bidder

Synopsis

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Coworker, a marketplace for coworking, agreed to acquire The Instant Group, a specialist in independent flexible workspace solutions. Financial terms were not disclosed. “I greatly admire the progress that Coworker made in recent years, expanding the awareness of coworking with 6 million users across the globe. Sam Marks and his team have worked diligently to reflect the choice and variety of service types, experiences and locations for coworking spaces. The Coworker platform and its team are great additions to our organization and will accelerate our goal of creating the largest independent marketplace for flexible workspace," Tim Rodber, The Instant Group CEO.

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