Key Retirement Group sells for £208m

Preston-based Key Retirement Group has been sold by Phoenix Private Equity to funds managed and advised by Partners Group, an international private markets investment manager.

Key RetirementThe sale, worth £208m, represents a 4.5x return for Phoenix and delivers an exit for the founders of the business as well as a transition to the management which formed part of the succession plan.

Key said the sale will enable it to accelerate its strategic growth plan.

Paul Medlicott, private equity partner at Addleshaw Goddard who advised on the deal, said: “We are delighted to have supported both Phoenix and the management team on selling Key Retirement Group to Partners Group and we wish the management team and their new investor the best for the future.”

Share this on social media

Featured Articles

See All Articles

Join the LBV hub

The LBV Hub is the perfect platform for new and established businesses looking to raise their profile in Lancashire.

  • Post your news and views
  • Share your events and offers
  • Gain editorial coverage in the magazine
  • Join the business directory
  • Be first for industry news
  • Get your print subscription
Other benefits

The LBV Hub allows you to promote your news, views, events and special offers across our digital platforms, with a chance of being featured in the magazine. Join the LBV Hub today to showcase your products and services to the wider business community.

Sign up now

Subscribe now

Subscribe now and gain access to our current issue and recent back issues.

Subscribing to Lancashire Business View will keep you up-to-date with the very latest business from across the county. In print six times a year, its pages contain news, analysis and opinion on the issues that affect business in Lancashire. There is key information that can help businesses flourish, and entertaining features on the personalities behind the headlines.

Subscribe now

Lancashire Business view Email Newsletter

Keep up to date with all the latest developments & news.

Opt in*
*Opt-in here to receive LBV’s weekly round-up of business news, advice and events direct to your inbox plus other relevant information about the magazine.
Advertise with us Join the LBV Hub