Macfarlanes has advised flexible workspace company The Instant Group on a buy-out backed by UK- based private equity firm Bowmark.

Bowmark will acquire its interest from MML Capital Partners, which alongside Instant’s management team, will be re-investing in the company.

The Instant Group specialises in alternative and flexible methods for office procurement, managed through its leading digital platform. The company has seen considerable growth over the past few years and this investment will allow it to continue its plans for enhancing its global presence.

The Macfarlanes team for this matter was led by corporate and M&A partner Stephen Drewitt with assistance from senior counsel Adam Campbell and senior solicitor Stephen Pike.