M&A Deal Summary

IWG Acquires Instant Group

On March 8, 2022, IWG acquired real estate company Instant Group from Bowmark Capital

Acquisition Highlights
  • This is IWG’s 1st transaction in the Real Estate sector.
  • This is IWG’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2022-03-08
Target Instant Group
Sector Real Estate
Buyer(s) IWG
Sellers(s) Bowmark Capital
Deal Type Merger

Target

Instant Group

London, United Kingdom
Instant Group is a provider of independent flexible workspace solutions. Company digital platform for flexible office procurement and innovative managed office solutions, provide clients with an end-to-end service with fixed payment terms, cost certainty, and simplicity. Instant Group was founded in 1999 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

IWG

Zug, Switzerland

Category Company
Founded 1989
Sector Business Services
Employees10,000
Revenue 3.0B GBP (2023)
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 4 of 4
Sector (Real Estate) 1 of 1
Type (Merger) 1 of 1
Country (United Kingdom) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Spaces Works

Amsterdam, Netherlands

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.

Buy -

Seller(S) 1

SELLER

Bowmark Capital

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 2.0B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Bowmark Capital is a private equity firm that targets investments in smaller, growth-oriented companies based in the UK. Bowmark considers investments across a range of industries with a strong interest in Business & Financial Services, Consumer & Leisure, Education & Training, Healthcare, Media, and Technology. Bowmark funds individual equity investments of up to £200 million and focuses on investing in UK companies which are valued between £25 million and £300 million. Bowmark was formed in 1997 and is based in London, United Kingdom.


DEAL STATS #
Overall 27 of 30
Sector (Real Estate) 2 of 2
Type (Merger) 2 of 2
Country (United Kingdom) 25 of 28
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-24 LRG

Berkshire, United Kingdom

LRG specializes in residential property lettings, sales, and associated professional services, including planning and surveying. The group has a nationwide network of 210 branches and offices and manages over 62,000 properties across the UK. LRG was founded in 2016 and is headquartered in Berkshire, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-20 WSD

London, United Kingdom

WSD is a provider of document and workflow automation software solutions to the global structured products industry. The company's document, workflow, connectivity, and data solutions enable straight-through processing and deliver improved efficiency, accuracy, and insight for its capital markets clients. It offers software solutions that automate the creation and management of these documents thereby reducing cost, increasing efficiency, and improving the accuracy of the data provided to clients, which include leading global investment banks. WSD is based in London, United Kingdom.

Buy -