Business services companies have thrived in recent years, demonstrating strong growth that shows no signs of slowing. A number of ongoing trends are contributing to this: the increasing use of technology to drive and enhance business performance; the increasing trend for companies to outsource non-core activities; ever more global and sophisticated supply chains; and increasing regulation requiring higher levels of compliance and risk management, without impacting business efficiency.
Phoenix has extensive experience and an unparalleled network of contacts in the business services sector, having successfully partnered with a number of outstanding management teams and companies in the space. We expect it to continue to hold exciting investment opportunities, as it’s resilient to the economic cycle, and we foresee continued growth in many parts of the sector.
OUR INVESTMENTS IN THE SECTOR
Examples of some of our investments in the sector
Global Freight Solutions (GFS) is a technology platform that connects over 300 e-commerce businesses with parcel carriers. We are working with GFS’s management team at a time of rapid expansion and huge opportunity in the e-commerce market
ASCO is a leading international oil and gas logistics company supporting its customers in the management of equipment and goods for oil and gas drilling and production platforms. Phoenix invested in ASCO in October 2006.
Edif is a leading worldwide provider of a diverse range of testing and inspection services that reduce risk, optimise performance and enhance the capability of its clients’ assets. Partnering with CEO Rob Dilworth, Phoenix invested in Edif in 2011.
Palletways is Europe’s largest and fastest growing network for palletised express freight. Phoenix spent a year working alongside James Wilson (former CEO of TNT) to identify an attractive investment opportunity, before investing.
Learn more about the other core sectors we focus on.