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.

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.

He further added, “Our vision has always been bold, and Pelican Capital’s investment empowers us to swiftly put that vision into action, offering a more comprehensive and innovative suite of services to our trusted customers and partners.”

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, reflecting the strategic partnership forged through this investment.

Elliot Vickerstaff, Investment Manager at Pelican Capital, commented: “We are thrilled to support Zac and his team in building on their impressive achievements. With our investment, they are poised to create a market-leading platform in the early careers sector through a well-executed strategic buy-and-build approach.”

Additionally, this deal facilitates an exit for Maven Capital Partners, who have been instrumental in supporting Unseen since 2017.

Pelican’s investment was led by Richard Morrison and Elliot Vickerstaff, with advisory services provided by K&L Gates (Legal), Altenburg Advisory LLP (Debt), HMT LLP (Financial and Tax), PwC (Corporate Finance), Claritas Tax (Structuring), and Alembic Strategy (Management). Debt provided by ThinCats.