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Armstrong supports NVM investment in Flexioffices

Armstrong has provided commercial due diligence for NVM Private Equity’s investment in UK serviced office broker Flexioffices (Flexi).

Led by an experienced management team, Flexi works with 3,000 flexible office facilities across London and the UK, offering a wide variety of styles and designs from traditional office space to modern and quirky. Flexi has relationships with many of the leading providers of flexible offices, and some of its major clients include ASOS, Bovis Homes, Eventbrite, Spotify, Deliveroo and Argos. The company also serves the requirements of a wide variety of SMEs across the country.

Armstrong’s team was led by Matt McNally, Head of Business Services. Fieldwork included in-depth interviews with both Flexi’s customers and its major serviced office partners, which include WeWork, IWG, The Office Group, London Executive Offices and Citibase.

NVM’s funds will be used to support the continued growth of the business, accelerate Flexi’s international growth and drive continued development of their technology.

For further information on this deal, or the serviced office sector in general, please contact:

Tom Raymond on 07762 386 216, 020 7661 9324 or traymond@armstrong-ts.com

Matt McNally on 07894 736 523 or mmcnally@armstrong-ts.com