Gravitas Recruitment Group has announced that Alcuin Capital Partners has taken a minority shareholding in the business. Founded in 2010 and headquartered in London, Gravitas has grown to 200 employees with a deep focus on niche markets providing staffing solutions to the technology, insurance and banking markets in the UK and Asia with offices in Hong Kong, Leeds, London, Manchester and Singapore.
With its new investment partner, Gravitas will remain focused on its high standards of delivering hard-to-find talent and building long-term partnerships with candidate and clients, allowing it to expand its current niches in existing office locations, whilst exploring other expansion opportunities.
Jonathan Ellerbeck, Alex Naylor and Daniel Wallis, managing directors and co-founders of Gravitas, issued a joint statement saying: “We are delighted to be partnering with Alcuin for the next chapter of Gravitas’ growth story. We founded Gravitas to fill a gap in the market for an agency offering the niche specialism of a boutique, combined with the professionalism of a larger resourcing firm. With Alcuin as our investment partner, complementing our outstanding people, robust business platform and compelling growth proposition, we expect to accelerate the next phase of our journey. Alcuin stood out because of their strong strategic insight, the personable approach of their high-quality team and their excellent track record in supporting businesses in their journey from good to great. We have no doubt that they will help us fulfil our vision of becoming the global market-leader in our specialist core markets.”
Nick Seaman, Partner at Alcuin Capital Partners said the company were delighted to announce the investment. “We see Gravitas as a unique player in a highly attractive, fast-growing sector. We are excited to partner with Jonathan Ellerbeck, Daniel Wallis and their impressive management team to continue their strong track record of profitable growth. Over the coming years, we intend to further support the company’s expansion, both in existing and new markets internationally whilst staying true to its values-based, meritocratic culture.”