February 2025 marked a significant switch in Phoenix’s history as a deal was brokered with private equity firm, GIL Investments.
This investment will support the business in its ambitions growth plans and will propel Phoenix forward, as they look towards writing the next three decades of the company’s history.
Kyle Grocott remains as Managing Director and will be supported by a senior team of familiar faces, ensuring that the company retains its family ethos, maintains continuity for the team, its customers and suppliers.
With their strategic approach and a track record of successful investing, spanning over 30 years, GIL have supported scores of high-performance businesses, across many sectors. Kyle and the senior management team are excited to work with the GIL Investments team.
Kyle Grocott commented, “The company name and ethos will remain constant and the changes ahead will strengthen and grow this business towards a successful future for us all. I have no doubt the senior management team now in place, will take it from strength to strength under the GIL umbrella.”
