Phoenix invests in 1000Heads

Unquote understands that the GP has acquired a majority stake in the business and that the deal values the company at more than £30m. Phoenix is currently investing from Phoenix Equity Partners 2016, which invests in companies with enterprise values of £30-150m.

According to a statement, 1000Heads has increased its revenues by around 20% per annum "in recent years", reaching a turnover of £28m in its most recent financial year. The business will undertake an international expansion strategy under its new owners, in addition to increasing its range of services.

1000Heads' founder Mike Rowe will take on the role of non-executive director following the transaction.

Company
Founded in 2000, London-headquartered 1000Heads provides corporate clients with data analysis and consultancy services related to social media. The company has additional operations in New York, Sydney, Dubai and Berlin, with a total headcount of 150. Its clients include Microsoft, Wella, Grupo Bimbo, Uniqlo and Arm.

People
Phoenix Equity Partners – Mark Sargeant (partner).
1000Heads – Mike Davison (CEO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• UK / Ireland
• Media
• United Kingdom
• Phoenix Equity Partners