Phoenix Equity Partners
Company typeLimited partnership
IndustryPrivate equity
Founded2001; 25 years ago (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

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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

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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

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  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.
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