Gravitas Recruitment, a UK-based international recruitment consultancy that specialises in banking, insurance and technology, announced that it has received an investment from UK-based Alcuin Capital Partners.

Alcuin said the investment was a minority shareholding. No further financial details were disclosed, however Alcuin typically invests between £2 million to £15 million in small to medium enterprises.

“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,” the companies said in a joint statement.

Jonathan Ellerbeck, Alex Naylor and Daniel Wallis, managing directors and co-founders of Gravitas, issues a joint statement, “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,” the statement read.

Nick Seaman, partner at Alcuin Capital Partners, commented, “We are delighted to announce our investment in Gravitas. 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.”