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Bowmark-backed The Instant Group to merge with IWG’s digital businesses

The Instant Group, a corporate real estate solutions specialist backed by Bowmark Capital, is to merge with IWG’s digital businesses to create one of the world’s largest independent marketplaces for flexible workspace.

As part of the transaction, Bowmark will sell its stake in The Instant Group to IWG.
 
Since Bowmark invested in The Instant Group in June 2018, the company has more than doubled its sales, achieving strong organic growth due to its value-added service offering, award-winning digital capabilities and client-centric business model. 
  
The transaction also marks an exit for MML Capital, which first invested in 2012 and re-invested alongside Bowmark in 2018.

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