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 Group GTI

Sector
EdTech (Digital / Software)

Status
In portfolio

Investment date
March 2019

Investment type
Secondary buyout

Location
Oxfordshire, UK & Dublin, Ireland

Causeway contacts
Matt Scaife, Pierce Casey

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GTI is an EdTech business supporting students transitioning from higher and further education to secure employment.

The Company’s SaaS platform helps students and recent graduates develop their skills and employability and find work experience, placements and jobs. The platform is used by employers to understand, connect with and hire students and by universities and further education colleges to support their students. GTI platform brands include Cibyl, TARGETconnect, TARGETjobs, TARGETcareers and gradireland. 

GTI is also an outsourced services and technology provider to employers, specialising in graduate, school leaver and apprentices. It provides services and software platforms covering attraction, events, screening, assessment centres, an applicant tracking system (ATS), work experience and virtual internships.  

Across the UK and Ireland, GTI works with:

  • Over 1 million registered students transitioning from education to work

  • Over 50,000 employers use GTI’s platform

  • Over 85 universities and further education colleges use TARGETconnect

GTI is positioned to benefit from positive market trends, particularly the requirements of employers who are competing for the best quality students against the backdrop of changing talent and diversity agendas. This is driving an increasing focus on employer branding and messaging that attracts and retains talent, requirements for more micro-targeting and tailored dialogue with students as well as a growing trend to outsource elements of the recruitment process to specialists.

Founded in 1988, the Company has 150 employees based in its UK, Irish and New York offices.

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Investment highlights

Since Causeway Capital’s investment in GTI in March 2019, we have helped the company to enhance its senior leadership team with the appointments of Simon Martin (CEO) and Sarah Coiley (CFO) in 2019 and non-executive director Streisan Bevan, a former digital marketer at Facebook, in 2020.

GTI has invested significantly in enhancing and developing the Company’s technology platform and services which has helped secure growth from existing and new customers both on the universities and colleges side, and also on the employers side. In addition, GTI’s management team have pivoted the Company’s business model that now sees the majority of revenues delivered as annually recurring subscriptions. GTI is benefiting from growth opportunities as a result of Covid-19 including a strategic shift to virtual hiring and events for students, universities and employers.

 
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