M&A Deal Summary

IWG Acquires Spaces Works

On January 1, 2015, IWG acquired business services company Spaces Works

Acquisition Highlights
  • This is IWG’s 3rd transaction in the Business Services sector.
  • This is IWG’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2015-01-01
Target Spaces Works
Sector Business Services
Buyer(s) IWG
Deal Type Add-on Acquisition

Target

Spaces Works

Amsterdam, Netherlands
website
Spaces is a creative working environment with a unique entrepreneurial spirit. The Company offers dynamic working areas to help you think, create and collaborate and where our staff give you a warm welcome. Spaces was formed in 2005 and is headquartered in Amsterdam.

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Buyer(S) 1

Buyer

IWG

Zug, Switzerland

website

Category Company
Founded 1989
Sector Business Services
Employees10,000
Revenue 2.2B GBP (2021)
DESCRIPTION

IWG is a provider of serviced office accommodation in business centers around the world. The Company operates in North/South America, the Middle East, Africa, Asia, and Europe. IWG was formerly known as Regus and was formed in 1989. IWG was incorporated in 1989 and is based in Zug, Switzerland.

DEAL STATS #
Overall 3 of 3
Sector (Business Services) 3 of 3
Type (Add-on Acquisition) 3 of 3
Country (Netherlands) 1 of 1
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-20 HQ Global Workplaces

Addison, Texas, United States

HQ Global Workplaces LLC is a provider of executive office space and associated services and is a large franchisor of executive office suites in the world.

Buy $357M
Mergr

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