Phoenix Equity Partners

Phoenix Equity Partners
Company typeLimited partnership
IndustryPrivate equity
Founded2001 (2001)
HeadquartersLondon, United Kingdom
Key people
David Burns (Managing Partner), Kevin Keck (Managing Partner)
Productsprivate equity funds
Total assets£900 million
Websitewww.phoenix-equity.com

Phoenix Equity Partners is a United Kingdom mid-market private equity firm. It specialises in partnering with founder-entrepreneurs and their teams to grow their businesses.[1] Phoenix typically invests £10–60 million of equity per partnership.[2]

History

Phoenix was co-founded in 2001 by Hugh Lenon, Sandy Muirhead, James Thomas, David Burns and Kevin Keck. [3] David Burns and Richard Daw were made Managing Partners in 2014.[4]

More recently, in September 2024, the firm launched its Flagship Fund and Growth Partnership Fund, raising over £600 million to pursue mid-market buyouts and growth investments across the UK and Europe. [5]

In 2025, Kevin Keck was appointed co-Managing Partner alongside David Burns, reflecting a leadership update at the firm. [6]

Recent transactions

Phoenix has been active across technology, healthcare, and mid-market buyouts, with a series of investments and fund launches that reflect its sector-focused strategy.

In August 2024, Phoenix backed Cybanetix, a UK-based cybersecurity provider specialising in managed detection and response for mid-market businesses. [7]

The following month, the firm closed a £200 million continuation vehicle for Nineteen Group and Envisage Dental, extending ownership to fund buy-and-build strategies and organic growth initiatives. [8]

In December 2024, Phoenix acquired a stake in London Gynaecology, a specialist women's health clinic group. [9] The deal provided capital to expand services and locations amid rising investor interest in women's health. [10]

In July 2025, Phoenix invested in FutureMeds, a clinical trial management services provider operating across Europe, supporting growth in patient recruitment and site capacity across its network. [11]

References

  1. ^ "Phoenix Equity Partners". Private Equity List. Retrieved 21 October 2025.
  2. ^ "Private Equity List | Phoenix Equity Partners". privateequitylist.com. Retrieved 10 October 2025.
  3. ^ McCarthy, Sebastian. "Phoenix Equity Partners rejigs leadership team". www.penews.com. Retrieved 10 October 2025.
  4. ^ "Phoenix Equity Partners appoints Burns and Daw as managing partners". Private Equity Wire. 3 July 2014. Retrieved 21 October 2025.
  5. ^ Didymus, Mike (18 September 2024). "UK's Phoenix Equity raises over £600m across new fund pair". AltAssets Private Equity News. Retrieved 10 October 2025.
  6. ^ McCarthy, Sebastian. "Phoenix Equity Partners rejigs leadership team". www.penews.com. Retrieved 10 October 2025.
  7. ^ "Deal Wrap: Phoenix Equity funds Cybanetix; Banneker's Xytech merges with Fabric". S&P Global Market Intelligence. Archived from the original on 25 March 2025. Retrieved 10 October 2025.
  8. ^ Joseph, Irien (18 September 2024). "Phoenix raises £200m continuation fund for Nineteen, Envisage Dental". PE Hub. Retrieved 10 October 2025.
  9. ^ Murdoch, Adrian (18 December 2024). "Phoenix takes stake in London Gynaecology". Healthcare Today. Retrieved 10 October 2025.
  10. ^ Rose, Sophie (1 July 2025). "PE invests in women's health: an 'exploding' market with untapped potential". PE Hub. Retrieved 10 October 2025.
  11. ^ "Phoenix takes stake in clinical trial management service FutureMeds". Real Deals. Retrieved 10 October 2025.