Founded in 1994, Phoenix is a leading U.S. importer and value-added distributor of specialty flavor and fragrance ingredients. Phoenix provides a broad portfolio of essential oils, aroma chemicals, absolutes, and oleoresins to a highly diverse and growing base of flavor and fragrance companies. The Company’s flavor and fragrance components are used to create hundreds of end products in a variety of growing markets, including food & beverage, fragrance, and personal care. Phoenix maintains customer loyalty by offering a compelling value proposition based primarily on the distinctiveness of its operations and Phoenix’s comprehensive product offering.Transaction:
The transaction allowed Phoenix to transition from a family-owned business to a more professionalized company by partnering with institutional financial firms, and provided all of the capital necessary to continue its growth and better serve its customers. The transaction also provided management with the opportunity to take a cash distribution while maintaining significant minority ownership.
Phoenix has many of the key attributes Caymus Equity is seeking in its investments, such as a strong and ambitious management team, value-added high margin products, and deep client relationships, among others. We believe Phoenix has extremely strong supplier relationships and sourcing expertise that are superior to those of its competitors. Phoenix provides significant value-add to customers by providing flexible, just-in-time delivery of quality products and minimizing customer exposure to market price and supply volatility so that the customers can focus on their core operations.
We worked with management closely to develop a strategic plan to expand Phoenix’s sales and purchasing channels into Europe. Since closing, we have also been instrumental in the augmentation of Phoenix’s management team by hiring a Chief Financial Officer, a Vice President of Procurement, and a head of Human Resources. Most recently, we have assisted the Company in operational improvements by centralizing all purchasing with a new IT system, pursuing purchasing discounts, improving inventory control and optimizing cash flow. We believe these improvements provide a platform for continuous success and attractive value creation.
Securities Offered through Caymus Securities LLC, Member FINRA/SIPC
One Paces West
2727 Paces Ferry
Road SE, Suite 1650
Atlanta, GA 30339
T (404) 995-8300
641 Lexington Avenue
New York, NY 10022
T (212) 755-3600