Altenburg Advisory (“Altenburg”) is delighted to have advised Pelican Capital in arranging a multi-million-pound acquisition facility from ThinCats to support their investment in and the growth plans for Unseen Group
Unseen Group, trading as GradTouch Ltd, has received a landmark investment from Pelican Capital, along with a multi-million-pound acquisition facility from ThinCats. These funds will be used to accelerate organic growth and pursue strategic acquisitions in the early careers sector.
Commenting on the new debt facilities, Elliot Vickerstaff, Investment Manager at Pelican Capital said “We are thrilled to support Zac [Unseen CEO] and his team in building on their impressive achievements. We are very grateful to Altenburg for their support and advice throughout the process ensuring that we obtained an attractive and appropriate funding solution. The funding solution supports both our initial investment and enables the business to execute on strategic acquisitions in the early careers sector.”
Dan Barrett, Partner at Altenburg Advisory, said: “We really enjoyed working with Richard and Elliot at Pelican, as well as with Zac William (CEO) and John Swaite (incoming CFO) at Unseen. We are really please to have helped facilitate this investment from Pelican. We worked quickly to understand the key requirements for both the initial and acquisition facilities, and leveraged our knowledge of and strong relationship with ThinCats to help structure bespoke facilities.”
About Unseen Group
Unseen Group, trading as GradTouch Ltd, is a collective of brands providing opportunities and choices for the next generation of talent. The Group has made six acquisitions to date and consists of employability consultancy experts, Gradcore, digital assessment centre platform, TopScore, and leading graduate careers website, graduatejobs.com.
About Pelican Capital
Pelican Capital is a UK-based private equity firm that invests £5-30m into UK technology businesses to accelerate growth, and where required, facilitate ownership change. Pelican Capital invests on behalf of family offices looking to deploy capital into high-growth UK technology businesses.
About Altenburg Advisory LLP
Altenburg Advisory is a specialist debt advisory firm that works with established businesses seeking debt financing to help them achieve their strategic objectives. Altenburg advises on structuring and arranging bespoke financing solutions, with a focus on leverage finance, speciality finance, asset based lending and real estate funding.