Deal Overview
- Lead Advisor
- PE acquirer
- Regulated and critical sectors
Momentum Corporate Finance LLP (“Momentum”) is delighted to announce the completion of its latest transaction, having acted as lead financial adviser to the shareholders of Squarcle Consulting Limited on its investment from Phoenix Equity Partners.
Squarcle is a UK-headquartered consultancy providing specialist supply chain, procurement and data services to highly regulated markets.
Founded by Gavin Emmerson MBE and Simon Perks in 2020, and joined by Nigel Allison CBE in 2022, Squarcle has scaled rapidly since its inception, supported by strong margins, recurring activity and an impressive list of multi-year customer relationships.
Squarcle helps governments and infrastructure organisations improve supply chain resilience, programme delivery and operational performance through consulting, digitisation and proprietary software solutions. Today, Squarcle serves customers including the Ministry of Defence (MOD), civil nuclear operators and NATO through a team of 140 consultants operating in mission-critical environments. Its capabilities are further strengthened by proprietary technology, including its control tower platform, PULSE.
Phoenix Equity Partners is a UK private equity firm specialising in working alongside founder-entrepreneurs. Its partnership with Squarcle will help the firm deepen its talent base, scale its technology offering, and extend its reach across UK defence and wider public sector, international markets and adjacent regulated sectors; all while preserving the excellent culture and high standards of delivery that have underpinned Squarcle’s success to date.
Gavin Emmerson MBE, Founder & CEO, Squarcle, commented: “We were looking for a partner who would back our plans to scale and grow without asking us to compromise the very cultural values and tested methods that powered our success to date. From the first meeting, Phoenix fitted the bill. They asked the right questions, and clearly understood the immense opportunity in the specialist supply chain and procurement sectors.”
“We put a long-term plan in place for Squarcle back in 2020, and with the combined resource of our expert teams and Phoenix’s steadfast support, we are in a strong strategic position to become a global leader in specialist consulting to highly regulated markets.”
Richard Hill, Investment Director, Phoenix Equity Partners, commented: “Backing the right people is at the heart of what we do, and in Gavin, Nigel and the broader Squarcle leadership team we have found exactly that – a founder and group of operators who have built something genuinely differentiated from the ground up. We look forward to supporting them as they take the business to its next stage of growth.”
Momentum Corporate Finance acted as lead advisor to Squarcle and Burges Salmon provided legal advice to the sellers.
Thinking about a company sale or acquisition? Do not hesitate to get in touch today.
