Unseen Group advances with acquisition of Sten10

Deal News | Nov 11, 2024 | Business Cloud

Unseen Group advances with acquisition of Sten10

Unseen Group, the Manchester-based company specializing in technology and consultancy services within the employability and talent sectors, has announced its eighth acquisition, securing a deal with Sten10. Sten10, founded in 2012 by Ben Williams, is renowned for developing psychological assessments for the recruitment and development of talent across both the private and public sectors. This acquisition aligns with Unseen Group's growth strategy to enhance its service offerings in people assessment. Sten10's expertise will complement Unseen Group's existing platforms such as Evolve Assess and TopScore, thereby broadening its assessment and selection capabilities. The move is also indicative of Unseen Group's ongoing expansion efforts, which included a recent investment from Pelican Capital and acquisition facility provided by ThinCats. The addition of Sten10, with its bespoke assessment designs, is expected to introduce new opportunities for Unseen Group to revolutionize its offerings in the assessment and development space.

Sectors

  • Technology and Consultancy Services
  • Human Resources and Business Psychology

Geography

  • United Kingdom – The acquisition involves UK-based companies, with Unseen Group headquartered in Manchester and Sten10 also operating within the UK.

Industry

  • Technology and Consultancy Services – Unseen Group operates in the technology and consultancy services sector, specifically offering solutions within the employability and talent domains.
  • Human Resources and Business Psychology – Sten10 specializes in designing psychological assessments for recruitment and talent development, placing it within the HR and business psychology sector.

Financials

  • Multi-million-pound – Acquisition facility provided to Unseen Group by ThinCats.

Participants

NameRoleTypeDescription
Unseen GroupAcquirerCompanyA Manchester-based company focused on expanding its technology and consultancy services in the employability and talent sectors.
Sten10TargetCompanyAn expert in people assessment and business psychology, designing bespoke assessments for recruitment and talent development.
Pelican CapitalInvestorCompanyProvided a landmark investment to Unseen Group, supporting its growth and acquisition strategy.
ThinCatsFinancierCompanyProvided a multi-million-pound acquisition facility to Unseen Group.
Ben WilliamsFounder, Managing Director of Sten10PersonFounder and Managing Director of Sten10, known for his leadership in developing psychological assessments.
Zac WilliamsCEO of Unseen GroupPersonCEO of Unseen Group, leading its strategic growth through acquisitions.