Phoenix is pleased to announce the sale of Redington, a B-Corp certified, specialist investment consultancy, to Arthur J. Gallagher & Co. (“Gallagher”), a global insurance brokerage, risk management and consulting services firm.

Phoenix partnered with Redington in 2020 to accelerate its development whist ensuring the business continued to deliver exceptional outcomes for its clients. Since Phoenix’s investment, Redington has achieved significant growth across its core business lines, diversified into new markets, and invested into its proprietary technology proposition to enhance client service.

Redington and Gallagher share a similar culture and entrepreneurial approach to business and their natural alignment will continue to deliver positive outcomes for both businesses and their respective clients.

Sylvia Pozezanac, CEO of Redington, stated:

“Redington has enjoyed tremendous success over the last few years, and Phoenix has been pivotal in helping in our evolution. They understood our ambition and supported us in accomplishing our key strategic objectives. We are entering a very exciting new phase for Redington and our clients as we become part of the Gallagher family. Our clients will continue to receive exceptional investment advice and gain access to wider expertise on a truly global scale.”

James Squires, Partner at Phoenix, commented:

“Redington is a super business packed with the best talent in UK investment consulting. We have thoroughly enjoyed working alongside Sylvia, Zoe Taylor and the entire team to deliver the best outcomes for Redington’s rapidly growing client base. We’ve invested across all areas of the business, most noticeably in enhancing Redington’s technology proposition to enable its consultants to deliver the best advice in a scalable manner. It has been a pleasure partnering with Redington and we look forward to seeing the combination with Gallagher thrive.”