Phoenix: GIL Investments Secures Debt for Acquisition
Deal News | Feb 11, 2025 | Cattaneo Corporate Finance
GIL Investments, a private equity firm, has successfully secured debt facilities to aid in its acquisition of Phoenix Gas, alongside its subsidiary Phoenix Renewable Technologies. The acquisition finance deal has been facilitated by Cattaneo Corporate Finance, who arranged the necessary debt facilities. Phoenix Gas, headquartered in Stoke-on-Trent and founded in 1994, is a significant player in the gas installation and service sector, employing 160 staff. This strategic acquisition underlines GIL Investments' commitment to expanding its portfolio within the energy sector.
Sectors
- Energy
- Private Equity
- Corporate Finance
Geography
- United Kingdom – Phoenix Gas is based in Stoke-on-Trent, UK, which is central to the context of the acquisition.
Industry
- Energy – Phoenix Gas operates in the gas installations and servicing industry, making energy a central theme of the acquisition.
- Private Equity – The acquisition involves GIL Investments, a private equity firm, highlighting the role of private equity in financing enterprise growth.
- Corporate Finance – Cattaneo Corporate Finance facilitated the debt facilities for the acquisition, making corporate finance a key element of the transaction.
Financials
- Not specified – Debt facilities arranged to support the acquisition of Phoenix Gas by GIL Investments.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Phoenix Gas | Target company | Company | A company specializing in gas installations and servicing, targeted by GIL Investments for acquisition. |
| GIL Investments | Bidding Company | Company | A private equity firm acquiring Phoenix Gas to expand its energy sector portfolio. |
| Cattaneo Corporate Finance | Finance Advisor | Company | Responsible for arranging the debt facilities to support GIL Investments' acquisition of Phoenix Gas. |