Professional
Added to YB: 2026-07-24
Pitch date: 2026-07-20
IWG.L [neutral]
International Workplace Group plc
+1.87%
current return
Author Info
No bio for this author
Company Info
International Workplace Group plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
GBP 2.5B
Pitch Price
GBP 1.92
Price Target
N/A
Dividend
0.53%
EV/EBITDA
5.10
P/E
146.06
EV/Sales
2.56
Sector
Real Estate Management and Development
Category
growth
Caro-Kann Capital Fund Portfolio Holding - IWG Plc
IWG.L (holding update): World's largest flex workspace provider, 4,600+ locations. Trades 5.5-6.5x '26 EBITDA. Capital-light transformation + secular tailwinds. EBITDA to $1B by '29-30. Aggressive buybacks; founder Dixon owns ~25%, now Exec Chair. New CEO Schmitz (ex-KKR/McKinsey). 3-5x return potential.
Read full article (2 min)