The Flexi Group to go public via a SPAC merger with Tsangs Group-backed TG Venture Acquisition in a $205m deal.

The Flexi Group, a flexible workspace operator in Asia, agreed to go public via a SPAC merger with Tsangs Group-backed TG Venture Acquisition in a $205m deal. The Flexi Group takes an asset-light approach to its real estate ventures, partnering with landlords on joint ventures instead of leasing office space and taking on potentially significant financial obligations under rental agreements. By partnering with The Flexi Group, landlords can offer increased flexibility to tenants, as well as improve greater building engagement by offering them access to events, agile work solutions and bookable meeting and event spaces.