Livingstone’s Business Services sector team has advised the shareholders of Incendium Consulting, a leading independent corporate real estate (CRE) consultancy, on its sale to The Instant Group, a leading global provider of flexible property solutions.
Set up by its six founding Partners in 2015, Incendium provides large real estate services procurement, consulting, and change management programmes to blue-chip clients.
Incendium Managing Director, Mike Perkis, said: “Clients are struggling to drive value through their conventional real estate strategies and are increasingly looking to introduce an agile, innovative approach that matches modern business demands. They are searching for independent advice and a fresh approach that allows them to make informed choices in today’s much-changed market. We strive to offer that point of difference and joining with Instant enables us to not only continue delivering exactly as we do today, but also to accelerate Incendium’s growth and broaden our capability in response to client demand.
This important milestone for Incendium has been achieved in no small part through the dedication, thoughtful guidance and support of the Livingstone team. They understood our objectives from the beginning and adeptly helped us to navigate the complexities of executing the transaction. We are delighted with the end result.”
The Instant Group CEO, Tim Rodber, commented: “Clients are demanding more choice across their office portfolios as they grapple with growing their businesses in a fluid political and economic environment. Shorter lease terms and the rise of the flexible workspace have been two outcomes of this challenging business climate – Instant is increasingly being asked to deliver ever more complex global solutions for some of the world’s largest organisations.
Bringing Instant and Incendium together gives clients access to independent market-leading consultancy, world class data and delivery options that transform their approach to workplace in what is a truly distinct offer in the market.”
Lewis Gray, Associate Director at Livingstone concluded: “We are delighted to have advised the Incendium team on their sale to Instant. The business is uniquely positioned as an independent provider in the CRE sector and it has built a roster of world class clients which is testament to the quality of their advice. The strategic and cultural fit with Instant is clear and we wish the Partners the best on the next step of their journey.”