IWG Plc £IWG - A Valuation on 7th July 2021
IWG is well positioned for the future of work. But an enormous debt burden is crushing them…
IWG is a global office and workspace provider. It offers co-working and office space, membership offices, lounges, private workshops, flexible and scalable areas, reception services and conference infrastructure.
The company provides services to property owners, investors, landlords, franchisees, brokers, and companies under Regus, Spaces, No18, HQ, Signature, Open Office, The Clubhouse, The Office Operators, Stop & Work, BizDojo, and Basepoint. Furthermore, the company has Meetingo, a digital platform for running meetings, Easy Offices, an online broker for findings places to work, Rovva, an online toolkit with services that help companies improve their businesses, Worka, an app for finding and booking workspace.
IWG operates 3,313 locations in 1,131 towns and cities across 120 countries. The company was formerly known as Regus and changed its name to IWG in December 2016. But, the original company was founded in 1989 and currently has its headquarters in Zug, Switzerland.
The company…