Phoenix47 Ltd (P47), is a Global IT infrastructure consultancy business that supports channel partners and vendors with providing ‘white label’ Professional Services and Support Services resources. With a large network of consultants, they support Companies with their vast IT knowledge and expertise. This helps drive the right outcomes for the business across Operations, Systems and Infrastructure. They specialise in Managed/Support Services, Cloud, IT Security, Datacentres, Applications and Networks.

Phoenix47 has a true Global Reach with four Office locations Globally. Its UK Headquarters are in London, its Global Tech Support is in Alresford, its Support Centre is in Cape Town South Africa and it has a new Office in UAE Dubai.

Techneds Investments LLP (Techneds) , a technology investment firm, has announced its successful exit from one of its investments, Global IT infrastructure consultancy business Phoenix47 ltd. (P47). The company's investment in and support for P47, enabled the business to increase revenues fourfold and build a platform for businesses continued growth and success.

Techneds has sold its stake in the business to the current management team in an MBO supported by Santander Bank. Techneds realised a significant return, generating more than 10x multiple on its investment. The exit is a testament to Techneds expertise in identifying promising businesses, investing in them, and driving growth.

Commenting on the successful exit, Simon Mewett, Founder and Managing Partner at Techneds Investments LLP, said, "We are thrilled with the outcome of our investment in Phoenix47. Our team worked closely with Phoenix47's management to execute a growth strategy that has resulted in the business's success. We are pleased to have achieved such a successful exit, which reinforces our investment strategy and validates our approach to identifying and investing in high-growth businesses. We wish them every success for the future".