Our Mission

Formed in 2018, our mission is to disrupt the highly fragmented TICC industry by acquiring selected niche, independent TICC companies that serve a variety of sectors. Our aim is to give our customers ‘peace of mind’ by delivering first class assurance services. Our unique approach to M&A enables us to partner with companies and invest in them for the long-term.

  • We do not sell companies
  • We do not change brands
  • We retain people
  • We back your plans
  • We do not apply overheads
  • We do not burden any business with HQ bureaucracy
  • We reward success

Investment Criteria

Our ideal partner companies meet the following criteria:

  • £1-10M+ EBITDA
  • £5-50M+ Revenue
  • 5%+ CAGR
  • Have strong management teams
  • Generate strong recurring revenues

Contact us and we’ll talk about whether a partnership is the right move for both of us.

Leadership

Paul Barry

Group CEO

Based in the UK, Paul has extensive experience in both M&A and in TICC leadership in various sectors throughout the world. Before creating Phenna Group, he was Global MD and Interim CEO of Exova Group Ltd (£320M T/O with global footprint).  Earlier in his career, he was the CEO of NWE Region in Bureau Veritas (£200M T/O) and before that, served as Managing Director of Europe & Middle East Region of Germanischer Lloyd (GL) / Advantica (£100M T/O). Paul’s expertise in successfully running TICC businesses; from start-up, through transformation/turnarounds, through strong organic growth platforms or through rapid M&A buy and builds make him the ideal person to drive the development of Phenna Group.

David Harrison | Phenna Group

David Harrison

Group CFO

Prior to joining Phenna Group, David worked for a US-based family office where he led investments totalling more than £200m in value across various sectors including TICC. Prior to this he gained experience in financial management, debt markets and M&A in institutions including Mitie, Bank of America Merrill Lynch and Goldman Sachs. In his role as Chief Financial Officer at Phenna Group, David leads finance and M&A activities as well as focusing on initiatives to the advancement of the group’s strategic objectives. David graduated from Strathclyde University with a BA Honours in Accounting and Finance. David is a Chartered Certified Accountant and a CFA charterholder.

Our Portfolio Business Leaders

Eric D’Orio

CEO at Hansen Aerospace

Eric graduated from Dartmouth College in 1994.  He spent the next 12 years in Boston, MA working in the financial sector for Brown Brothers Harriman & Co., UBS, and Trillium Trading, LLC.  Eric is a fourth generation member of the Hansen family, and in 2006, he left finance to manage two family businesses.  He was the GM of Hansen Aerospace Laboratories, Inc., and CEO of Hansen Engineering & Machinery, Co. Inc., before joining ELI Global becoming CEO at Hansen Aerospace, LLC in 2018.  Eric currently lives in South Hamilton, MA with his wife and two children.

Ian Frazier | Phenna Group

Ian Fraser

Group MD at First Scottish

Ian began as a trainee in 1972 at Millar & Bryce where he became a fully qualified Searcher. In 1978, he joined Bristol & West Building Society as a Clerk before eventually reaching the position of Regional Admin Manager. Six years later, Ian re-joined Millar & Bryce as a Development Manager and reached the position of Managing Director. In 2010, Ian joined First Scottish Group as Group Depute Managing Director and became Group Managing Director during 2012. Ian is also a lifelong Hibernian Football Club supporter, who enjoys golf and time with his family. He has two grandchildren.

Russell Gunson

Managing Director PSL

Russell’s Geotechnical career began in 1986 when he joined South Yorkshire Regional Laboratory, a department within British Coal, whose task was to market the vast quantities of colliery spoil for reuse within the construction industry and rid our countryside of unsightly and unsafe spoil heaps. With the closure of the department in 1992 Russell was recruited by Thyssen Geotechnical as a senior technician, he quickly joined the Management Team alongside his current business partner, Anthony Watkins and between them they ran the department for the next 12 years.

In 2004 Russell and Anthony orchestrated a M.B.O and Professional Soils Laboratory was created. In the 15 years since, they have turned PSL into one of the country’s leading independent soil testing facilities with state of the art testing equipment, currently employing 50 staff.

Anthony Watkins

Managing Director PSL

Anthony commenced his career in the geotechnical testing sector with Thyssen GB in 1988, and in 1992 established a northern laboratory in Doncaster for Thyssen.    In 2004,  Anthony and Russell established Professional Soils Laboratory and acquired the Doncaster laboratory from Thyssen.   During the past 15 years, they have invested heavily in the business, acquiring the most modern automated testing equipment and recruited and trained a best-in-class team of over fifty professionals and become the largest independent geotechnical testing laboratory in the UK.

Anthony is a keen sportsman and lives in South Yorkshire with his wife and 2 children, and he and Russell are staying with the business and will continue to drive it forward.

Brian Shannon

Group MD at BET (Building Envelope Technologies)

Brian holds an honours degree (BENG) in Building Services Engineering graduating in 2007 from Dublin Institute of Technology & is a chartered Engineer. He has direct responsibility for compliance, testing activities & leading a vastly experienced management team within BET. Brian was responsible for rapidly growing BET from 1 accredited testing services in 2008 to more than 30 accredited testing services over many disciplines by 2019. He has presented various technical papers on building airtightness, defect analysis, thermal performance and related issues at conferences exhibitions and on behalf of many professional institutions in Ireland. Brian lives in Wexford Ireland with his wife & 3 young boys.

Steve Cressey MIET

Managing Director at GMES (Group Management Electrical Surveys ltd)

Steve began his career in 1990 when he joined Crown House Engineering as an electrical engineering trainee. Following completion of his training in 1995, his career progressed into Building Services Project Management with EI-WHS and EIC Limited. He joined GMES in 2009, with a remit to develop and grow the business and in 2011 was appointed Managing Director, where he relocated the Company to its current home in West Yorkshire. In 2014, Steve successfully delivered a Management Buyout and has gone on to treble the size of the business in the last five years. During his early career Steve worked all over the UK, serving as Project Manager on some of the UK’s most prestigious projects. Steve has a passion for electrical safety and compliance and is an active member of the IET. He has recently taken up the role of Regional Chairman for the ECA (Electrical Contractors Association).

Steve lives with his wife and son in Holmfirth, West Yorkshire and is looking forward to the partnership with Phenna Group and the continued success and growth of GMES.

Mike Drew 

MD at ACS Group of Companies

Mike is a technically capable and highly experienced business director and manager, with over 40 years in civil engineering construction and waste management industries.  He has 25 years experience as MD in construction companies, laboratories and engineering consultancy businesses across UK, Europe, Middle East and the Caribbean.