Unseen Group secures funding from Pelican Capital
HMT advised Pelican Capital on their investment in Unseen Group to propel growth and fuel future acquisitions.
Unseen Group is a collective of brands providing opportunities and choices for the next generation 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.
Unseen 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.
This infusion of capital equips Unseen with the resources to expand its operations and enhance its portfolio with cutting-edge Rec-Tech and Ed-Tech businesses. This will bolster their market offering and drive their strategic acquisition strategy. The transaction also introduces Gary Browning, former CEO of Penna plc, as the non-executive Chairman, and John Swaite, ex-CFO of Adept plc, as CFO. Richard Morrison from Pelican Capital will join the board.
HMT undertook financial due diligence on this transaction.
Richard Morrison, Partner at Pelican Capital commented:
Paul Read commented:
“We are delighted to have advised Pelican on their investment in Unseen Group. The business has a bold growth strategy and with Pelican’s support will be able to expand organically and through strategic acquisitions. We look forward to working with them again in the future.”
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