IWG, which also runs Spaces, the co-working group, operates in 3,000 locations across 115 countries. The situation for IWG intensified late on 23 February , as reports emerged that Terra Firma , the private equity group founded by Guy Martin , had approached the company about launching a bid . IWG has confirmed that it is evaluating a possible cash offer from the private equity group . The workspace company is currently also in discussions with Starwood Capital and TDR .
The situation for IWG intensified late on 23 February , as reports emerged that Terra Firma , the private equity group founded by Guy Martin , had approached the company about launching a bid . IWG has confirmed that it is evaluating a possible cash offer from the private equity group . The workspace company is currently also in discussions with Starwood Capital and TDR .