Houlihan Lokey Advises Phoenix Equity Partners

Houlihan Lokey is pleased to announce Phoenix Equity Partners has acquired Mobius Life. The transaction closed on 30 September 2019.

Phoenix Equity Partners (Phoenix) is a leading private equity investor in medium-sized, UK-based companies. Founded in 2001, the firm has successfully invested more than £1 billion in over 45 companies, across a wide range of sectors, backing entrepreneurs and management teams with bold plans to build great businesses. Phoenix is independently owned by its executives, managing funds on behalf of leading institutions from around the world. Phoenix has a successful track record of investing in technology-enabled businesses, including 2016 Fund investments in Nexus, GFS, and Travel Chapter. Other recent investments include Nineteen Events and Capital Economics.

Mobius Life provides investment administration services via a UK life insurance structure, to UK defined benefit and defined contribution pension schemes to help them implement their investment strategies and meet their investment objectives. The company services its customers primarily through a technology platform, which assists scheme trustees, and the consultants that advise them, to select and acquire, manage, value, and trade a wide range of assets efficiently and accurately. The investment by Phoenix will support Mobius Life's continued expansion and allow for further growth in assets under administration.

Houlihan Lokey served as financial advisor to Phoenix. This most recent transaction further strengthens Houlihan Lokey's leadership in the pensions and wealth management sector, a core focus for the financial services team.