M&A Deal Summary

Pelican Capital Acquires GradTouch

On June 13, 2024, private equity firm Pelican Capital acquired staffing company GradTouch from Maven Capital Partners

Acquisition Highlights
  • This is Pelican Capital’s 1st transaction in the Staffing sector.
  • This is Pelican Capital’s 5th transaction in the United Kingdom.

M&A Deal Summary
Date 2024-06-13
Target GradTouch
Sector Staffing
Buyer(s) Pelican Capital
Sellers(s) Maven Capital Partners
Deal Type Secondary Buyout

Target

GradTouch

Manchester, United Kingdom
GradTouch provides the complete end-to-end solution for SMEs wanting to attract, assess and ultimately hire graduates. GradTouch was founded in 2010 and is based in Manchester, United Kingdom.

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Buyer(S) 1

Buyer

Pelican Capital

Investor Investor Investor

Category Private Equity Firm
Size Small
Type Sector Agnostic
DESCRIPTION

Pelican Capital is an investment firm focused on UK-based companies. Pelican is a generalist investor, targeting business to business, technology, and tech-enabled services companies with profits greater than £1 million. The Firm looks to invest up to £25 million in a variety of transaction situations including MBOs, carve outs, or shareholder liquidity needs. Pelican Capital was founded in 2019 and is based in London, England.

DEAL STATS #
Overall 6 of 6
Sector (Staffing) 1 of 1
Type (Secondary Buyout) 1 of 1
Country (United Kingdom) 5 of 5
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-03 ECA International

London, United Kingdom

ECA International specializes in research and publishes reliable data to help clients evaluate and manage compensation and benefits for international employees moving around the world. ECA International was founded in 1971 and is based in London, United Kingdom.

Buy -

Seller(S) 1

SELLER

Maven Capital Partners

Glasgow, United Kingdom

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 2009
PE ASSETS 415M GBP
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Maven Capital Partners UK LLP (MCP) invests in lower mid-market companies throughout the UK. The Firm also provides mezzanine financing. MCP focuses on profitable companies with proven track records, balanced management teams, and diverse products and services. Maven looks to invest £2 - £10 million in businesses valued from £5 - £25 million. Sectors of interest include specialist manufacturing, health/pharmaceuticals, energy services, leisure, financial services, software and computer services, communication/IT, chemicals, food/beverage, media, consumer products, and support services. Types of transactions include MBOs, MBIs, BIMBOs, take privates, recapitalizations, and growth capital financings. Maven Capital Partners UK LLP was formed in 2009, following a management buyout of Aberdeen Asset Management's Private Equity division. Maven is based in Glasgow with additional offices in Aberdeen, Birmingham, Edinburgh, London and Manchester.

DEAL STATS #
Overall 75 of 78
Sector (Staffing) 2 of 2
Type (Secondary Buyout) 18 of 18
Country (United Kingdom) 73 of 76
Year (2024) 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-03 My Digital Accounts

Cheadle, United Kingdom

My Digital Accounts, an end to end software package incorporating CRM, MTD compliant bookkeeping and bulk payroll modules aiming to support HMRC’s widely-publicised Making Tax Digital (MTD) initiative. My Digital Accounts was founded in 2015 and is based in Cheadle, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-10 CB Technology

Livingston, United Kingdom

CB Technology is a contract electronics manufacturer with a focus on complex manufacturing and testing for deployment in harsh environments. CB Technology was founded in 1999 and is based in Livingston, United Kingdom.

Sell -
Mergr

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