Private equity firm Bowmark Capital has bought flexible office advisor the Instant Group.
The company has been bought from MML Capital Partners with management re-investing in the business.
Founded in 1999, Instant provides alternative methods of office procurement and management, employing 250 people across 11 cities. The company said it has delivered compound annual revenue growth of 30% over the past four years, increasing its international footprint to serve its client base.
Charles Ind, managing partner at Bowmark said: “With highly differentiated service offerings, market-leading data, a high proportion of long-term contracted income and deep client relationships, we believe that Instant will continue to lead the way in the fast-growing flexible workspace market.”
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