Private Equity

Updated:

Phoenix Strategy Investments

Phoenix Strategy is an entrepreneurial investment company formed to acquire and help grow small to medium-sized, privately-held businesses. They are value-add...

Phoenix Strategy Investments logo

Phoenix Strategy Investments

Phoenix Strategy is an entrepreneurial investment company formed to acquire and help grow small to medium-sized, privately-held businesses. They are value-add investors who exclusively focus on situations where they can truly add value, ranging from having principals lead day-to-day operations to supporting existing management with engaged board members. They invest in fewer companies and offer greater commitment, bringing hands-on business-building and transactional experience.

General information

Firm type

Private Equity

Year founded

2002

Location

Region

North America

Country

United States

City

Dallas

Corporate office

Dallas, TX, United States

Principals

David Schnabel — Partner

Daniel Muzquiz — Founding Partner

Mike Zani — Founding Partner

David Millet — Private Equity Advisor

J. Puckett — Advisor

Michael O'Connell — Advisor

Howard Stevenson — Advisor

Frequently asked questions

What transaction types does Phoenix Strategy Investments specialize in?

The firm focuses on corporate divestitures, where a parent company sells a non-core subsidiary; management buyouts, where existing leadership acquires the business; and founder-succession transactions, where an owner-operator exits without a clear internal successor. Its specialty is carve-outs—acquiring divisions that lack dedicated resources inside a larger corporate entity and building them into independent companies with stand-alone infrastructure.

How does Phoenix structure its capital for acquisitions?

Phoenix operates on a deal-by-deal capital deployment model rather than raising a blind-pool fund. For each acquisition, the firm assembles a syndicate of co-investors or limited partners specific to that transaction. This independent-sponsor-like structure can offer investors alignment advantages and fee structures that differ from commingled institutional funds.

Where does Phoenix Strategy Investments deploy capital geographically?

The firm is headquartered in Dallas and invests predominantly in North America. Many lower-middle-market carve-out sponsors concentrate on regional opportunities within a few hours of their home office, given the hands-on operational role the firm plays post-acquisition.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on private equity firms?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

Browse by category

More Dallas Private Equity profiles