Phoenix Equity Partners announces the sale of Karmarama

Phoenix Equity Partners (“Phoenix”), a leading UK mid-market private equity firm, announces today the sale of its stake in Karmarama (“Karmarama” or “the Company”), one of the UK’s largest independent agencies, to Accenture (NYSE: ACN), a leading global professional services company. Financial details of the transaction are not disclosed.

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Travel Chapter announces 4th acquisition this year

The Travel Chapter (www.travelchapter.co.uk), a leading provider of holiday lettings in the UK backed by Phoenix Equity Partners (“Phoenix”), is pleased to announce the acquisition of Bramley & Teal, a leading holiday lettings agent in Sussex and Kent. This is Travel Chapter’s 4th acquisition this year, and third since Phoenix invested. Previous acquisitions include Sugar & Loaf in Wales, Peak Cottages and New Forest Living. 

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Phoenix Equity Partners announces the sale of Palletways

Phoenix Equity Partners (“Phoenix”), a leading UK mid-market private equity firm, is pleased to announce that it has reached an agreement for the sale of Palletways Group Ltd (“Palletways” or “the Company”), the market leading pan-European express pallet network, to Imperial Holdings Ltd (“Imperial”), the international logistics group, for a total transaction value of £163 million. The transaction will deliver a 4.3x return on investment for Phoenix and its investors. 

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Phoenix Equity Partners announces sale of Edif Group to Rina

Phoenix Equity Partners announces sale of Edif Group to Rina Phoenix Equity Partners (“Phoenix”), a leading UK middle-market private equity firm, is pleased to announce that it has agreed to sell Edif Group Limited (“Edif” or “the Company”), the leading worldwide provider of a diverse range of testing, inspection, certification and consulting (“TICC”) services, to Rina S.p.A (“Rina”) for a total transaction value of £118.5m. The transaction will generate c. £70m of total proceeds for Phoenix’s 2010 fund representing a multiple of c.2.3x. 

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Phoenix Equity Partners announces investment in The Travel Chapter Group

Phoenix Equity Partners ("Phoenix"), a leading UK middle-market private equity firm, today announces an investment in The Travel Chapter Group (“Travel Chapter”) alongside current CEO, James Morris, who has made a substantial reinvestment in the business as part of the transaction. Phoenix’s investment, the first from its new 2016 Fund, will support the continued strong growth of Travel Chapter and provide funding for future bolt-on acquisitions. 

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Global Navigation Solutions - Win New Digital Contracts

HAMBURG SUD CHOOSES VOYAGER Global Navigation Solutions (‘GNS’), the maritime services group, is pleased to announce that its long-term customer Hamburg Sud will be installing Voyager Planning Station (‘VPS’) throughout its group. This decision by Hamburg Sud was influenced by the unique range of features in the latest version of Voyager. The main reason for choosing Voyager was the link to AWT weather software as well as the modern tablet style of the Voyager user interface including a route planning application, which Hamburg Sud intend to use for voyage planning purposes. 

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Porthaven Awarded By London Stock Exchange Group for Second Time

Porthaven Care Homes has been identified as one of the “1,000 Companies to Inspire Britain” for the second time in three years in a report by the London Stock Exchange Group. To be included in the report, businesses had to demonstrate a positive growth in revenue, an increase in employee numbers and to significantly outperform their sector peers.

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