[5] In 2020 the company was in difficulty, and filed for bankruptcy for 97 entities connected to Regus and to its co-working brand Spaces.

The company was founded as "Regus" by English entrepreneur Mark Dixon with the objective of providing flexible office space to customers in Brussels in 1989.

[12] The company went on to acquire Laptop Lane, a chain of American airport business centres, later that year.

[22] On 5 July 2012, UK Prime Minister David Cameron announced that Regus would provide 30,000 young entrepreneurs across England with access to its network of offices, complementing the Government's StartUp Loans scheme managed by James Caan.

[23] On 19 February 2013, the firm took control of MWB BE, a large UK-based serviced office provider with a £65.6m cash bid.

[27][28] In 2020 IWG was in financial trouble; over a few months it filed for Chapter 11 bankruptcy for 97 different entities connected to both Regus and its co-working brand Spaces.

[30] In February 2021, IWG acquired a majority stake in The Wing women's co-working network,[31] which subsequently ceased operations on 30 August 2022.