Fri, 16 Aug 2024 | BUSINESS SALE
The Unseen Group, a Manchester based software company operating in the graduate careers industry, has completed its seventh acquisition. The group, which trades as GradTouch, has acquired North East company Evolve Assess.
Founded in 2016, Evolve Assess provides psychometric assessments and candidate feedback, working with clients including NatWest Group and St James' Place. Following the acquisition, the company will work closely with Unseen Group business TopScore, a provider of digital assessment centre technology for large-scale employers.
Unseen Group Chief Executive Zac Williams called Evolve Assess “an amazing platform with a highly skilled team behind it”.
He continued: "As we grow as a group, we're dedicated to offering educators and employers a wider range of tools and services that all come together to ensure that no pathway goes unseen for the next generation of talent. Evolve Assess is a crucial piece of that puzzle."
Evolve Assess founder Richard Anderson said that the company would complement Unseen Group’s “growing list of products and services with our online test platform.”
He added: "This deal was a no-brainer for me, and I'm incredibly proud to now be a part of this thriving business. Joining a group of highly innovative and dynamic brands will only strengthen and grow the service we offer our clients."
The deal comes less than two months after Unseen Group secured fresh private equity backing, with Maven Capital exiting the business after seven years in June and the group receiving equity investment from Pelican Capital and a multi-million-pound acquisition facility from ThinCats.
The funding will enable the group to pursue acquisitions and accelerate its organic growth by further developing its product portfolio. Pelican Capital Investment Manager Elliot Vickerstaff said that, with Pelican’s backing, Unseen Group was “poised to create a market-leading platform in the early careers sector through a well-executed strategic buy-and-build approach."
Andrew Feeke, Head of Corporate Finance at MHA, which acted as lead corporate finance and tax advisor to Unseen Group, said it was “a fast-growing business in a fragmented and rapidly developing sector.”
Find out more about M&A trends in the UK professional services sector
Read about another recent Unseen Group acquisition
An opportunity has arisen to acquire a reputable IT support and development services provider with a UK-wide client base and a proven record for innovation and resilience in the constantly evolving IT sector.
An established IT service and support company located in Aberdeenshire presents a unique opportunity for acquisition.
An unparalleled chance to own a thriving Ag-Tech company with a robust market standing. The business is renowned for its pioneering role and leadership in the agricultural technology sector.
17
|
May
|
Poundland set for one pound sale as Gordon Brothers emerges as frontrunner | BUSINESS SALE
Discount retailer Poundland is expected to be sold for a nom...
16
|
May
|
Administrators appointed at UK arm of German furniture manufacturer | ADMINISTRATION
Administrators have been appointed at the UK division of Ger...
16
|
May
|
Lifting equipment rental specialist acquired by Centurion | BUSINESS SALE
Aerial Platforms Limited (APL), a specialist rental provider...
12
|
Nov
|
Unseen makes acquisition number 8 with Sten10 | BUSINESS SALE
Manchester-based Unseen Group has continued its expansion dr...
22
|
Jan
|
Employability services firm strikes sixth deal in buy-and-build strategy | BUSINESS SALE
Unseen Group, a software and employability services provider...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.