Technology

Posted on June 17, 2019 by staff

UK SaaS provider secures $68m investment

Technology

Global investment bank GCA Altium has advised Unily, a UK-based SaaS provider of digital workplaces and digital experience platforms, on a $68m growth investment from Silversmith Capital Partners and Farview Equity Partners.

Founded in 2005, Unily 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 Surrey-based company’s clients include McDonald’s, British Airways, Mars, Shell, Cathay Pacific, Microsoft and L’Oréal.

The firm said the investment will allow it to capture market share from more established providers and further invest in AI.

Post investment, Silversmith and Farview will hold a significant minority stake in the business with board representation.

“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,” said Will Saville, Co-Founder of Unily.

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, said: “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.”