Altenburg Advisory is delighted to have advised Pelican Capital in arranging a multi-million-pound acquisition facility from Triple Point to support their investment in and the growth plans for Steplab Ltd.

Elliot Vickerstaff of Pelican Capital said: “It was a pleasure working with Adam and Mehak at Altenburg on our most recent transaction. Their lender relationships and modelling expertise were both first-rate, and their support throughout the process was invaluable. We look forward to working with them again.”

Adam Agius of Altenburg Advisory said: “We are delighted to work alongside Pelican and the Steplab team on this transaction and are pleased to have supported Pelican’s investment. By quickly developing a detailed understanding of the funding requirement and leveraging our deep expertise in acquisition financing, we were able to structure a tailored financing solution that provides a strong platform for Steplab’s continued expansion and future growth.”

About Steplab

Steplab is a rapidly scaling SaaS business underpinned by an in-house developed tech platform providing bespoke professional development training for more than 200,000 school teachers

About Altenburg Advisory LLP

ACP Altenburg Advisory is a specialist debt advisory firm that works with established UK businesses seeking debt financing to help them achieve their strategic objectives. Altenburg advises on, structures and arranges bespoke financing solutions, with a focus on cash flow finance, speciality finance and real estate funding