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Blackstone takes majority stake in The Office Group

Blackstone has agreed to buy a majority interest in UK flexible workspace group The Office Group (TOG) from Lloyd Dorfman putting an enterprise value on TOG of approximately £500m.
CoStar News
June 19, 2017 | 12:52 P.M.

Lloyd Dorfman, together with the co-founders Charlie Green and Olly Olsen, will remain shareholders in the group post-transaction and Green and Olsen will continue in their existing roles as co-CEOs of TOG. The transaction is expected to close in June 2017.

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