Phoenix Equity Partners backs defence supply chain consultancy Squarcle
What's the deal? Phoenix Equity PartnersDealroom has a profile for this one. Try Dealroom → has invested in SquarcleDealroom has a profile for this one. Try Dealroom →, a specialist supply chain consultancy that serves the Ministry of Defence, civil nuclear operators, and NATO. The deal was announced in July 2026, with Phoenix leading the investment.
What's the endgame? Founded in 2020, Squarcle advises clients on supply chain strategy through a team of 140 consultants. Its client base spans defence, civil nuclear, and international security.
Why now? Squarcle's core sectors sit at the heart of rising government spending on defence and critical infrastructure resilience.
The signal: Private equity continues to hunt for specialist consultancies with sticky government and defence contracts — a segment prized for its recurring demand and resistance to economic cycles.
Read more: PE Hub
