Global investment bank GCA Altium has advised Unily, an SaaS provider of digital workplaces and digital experience platforms, on a USD68 million growth investment from Silversmith Capital Partners and Farview Equity Partners.
Founded in 2005, Unily creates digital workplaces designed to improve collaboration, engage a geographically spread workforce and increase productivity. Its solutions include intranets, extranets and customer portals that combine social channels, apps, communication tools and software packages in one place.
The company has 120 employees across the UK, America and the Far East, and services a portfolio of FTSE 250 and Fortune 500 clients, spanning a diverse range of sectors, including financial services, aviation and FMCG. The company’s clients include McDonald’s, British Airways, Mars, Shell, Cathay Pacific, Microsoft and L’Oréal.
This investment will provide Unily with the scalability to seize market opportunities and to capture market share from more established providers. Furthermore, Unily is already investing in AI innovation that is forecast to be the focus of the next wave of growth in the digital experiences space. Post investment, Silversmith and Farview will hold a significant minority stake in the business with board representation.
Silversmith Capital Partners, based in Boston, USA, and Farview Equity Partners, based in London, are both growth equity investors focused primarily on the technology sector. Founded in 2015, Silversmith Capital Partners has USD1.1 billion of capital under management, and typically invests USD15m to USD75m per transaction.
A GCA Altium team of James Craven (Managing Director), Stephen Georgiadis (Managing Director), Anand Parekh (Vice President) and Robert Steele (Associate) advised Unily on the transaction.
Will Saville, Co-Founder of Unily, says: “This investment will provide Unily with the potential to disrupt the global digital experiences marketplace at greater pace and with broader reach than ever before.”
Richard Paterson, Co-Founder of Unily, added: “GCA Altium worked hard to keep the transaction on track. It has been a pleasure working with their professional team and hopefully we can do so again in the future. I’ll add that the investors commented on how well GCA Altium represented us.”
James Craven and Stephen Georgiadis, Managing Directors at GCA Altium, says: “Unily is a true success story in the UK tech sector, having made considerable waves worldwide by transforming the digital communications of major industry players and household names. It’s been a pleasure to advise the team on this landmark investment, and we are confident Unily will continue its exceptional growth trajectory.”