Instant exit for MML
MML has exited its investment in The Instant Group, a global leader in independent flexible workspace solutions, via a buyout backed by Bowmark Capital.
Tim Rodber joins Instant as CEO
MML portfolio company Instant (www.instantoffices.com) has appointed Tim Rodber as its Chief Executive Officer.
MML invests in Instant
MML has kicked off its 25th year by announcing a £15m investment into flexible office specialist Instant, taking a minority stake. Instant’s management team led by CEO Patrick Elliott will continue to hold the majority of the business, with founder Rob Hamilton retaining a stake and remaining as non-executive director.