When Phoenix3 launched in 2023, its mission was to identify innovative, underleveraged investment opportunities and provide resources to enable them to grow. Since then, the company has found success by embedding experienced leadership teams into its portfolio companies, owning and operating the businesses it invests in, and actively managing day-to-day performance.
Names have a lot of meaning, and therefore, power. Words describe and let potential business partners know what an organization is all about. To founder and CEO of Phoenix3 Richard B. Schenkel, the term “holdings” just wasn’t doing justice to the company’s shift from “strategic growth partner” to “active operator” in the onsite hospitality world. So, going forward, Phoenix3 Holdings is now Phoenix3 Collective…
BOSTON–(BUSINESS WIRE)–Phoenix3 Holdings today announced that it has rebranded to Phoenix3 Collective to reflect the company’s transformation from a strategic growth partner to an active operator of boutique dining and hospitality solutions serving the senior living/active adult lifestyle, corporate, healthcare, and higher education sectors. Coinciding with the rebrand, Phoenix3 Collective also announced the acquisition of Quality Culinary Solutions (QCS), an advisory practice for self-operated senior living communities, to round out its portfolio of companies serving all facets of food, dining, and hospitality service.
Phoenix3 Holdings just acquired a controlling interest in Infuse Hospitality, and Paul Fairhead, last seen at his tenure at Guckenheimer, is bringing his knack of grasping the ever-changing corporate dining experience, where, as he says, “if you’re not evolving, you’re dying on the vine.”
BOSTON–(BUSINESS WIRE)–Phoenix3 Holdings today announced the acquisition of a controlling interest in Infuse Hospitality, LLC, a national operator of elevated workplace dining and amenity services. The investment strengthens Phoenix3 Holdings’ growing collection of boutique culinary and hospitality companies.
In conjunction with the acquisition, Paul Fairhead, former CEO of Guckenheimer, has been named Chief Executive Officer of Infuse Hospitality. A former chef and seasoned executive, Fairhead brings more than 25 years of global hospitality experience to the role.
Richard Schenkel’s story reflects the power of resilience, strong work ethics, and a boundless entrepreneurial spirit. He has been a founder and has now turned into an investor operator. In this exclusive interview, he talks in detail about building, scaling, and financing his companies.
From his early beginnings in West Orange, New Jersey, to building a billion-dollar enterprise, Richard’s journey is a masterclass in business growth, leadership, and the enduring value of culture.
Listen to the full podcast episode and review the transcript here.
Phoenix3 Founder and CEO Richard Schenkel recently shared his insights with Forbes on the evolution of Baby Boomers’ dining expectations, noting, “We see tremendous value in leveraging technology to create dining experiences that are uniquely tailored to each individual’s tastes, health profile and lifestyle.”
Read the full article here How Baby Boomers’ Dining Expectations Are Radically Evolving (forbes.com)
Phoenix3 was founded on the principles of combining capital investment with industry expertise. With this in-depth cover story Richard shares that…..
His business philosophy is grounded in taking calculated risks – aligning companies around strong values on growth-oriented missions to achieve success and build shareholder value.
He explains that “It is a mistake to think that this issue is just about food. The current state of the market suggests a need for change, particularly in the integration of technology within senior living facilities.
The prevailing expectation of securing high-quality staff without appropriate compensation is unrealistic. A reevaluation of the current model is necessary to ensure that employees are adequately rewarded for their efforts without the reliance on gratuities.”
Phoenix3 Holdings Founder, CEO, and Managing Director Richard Schenkel had a lively discussion with Paul Vogelzang on The Not Old Better Show – Talk About Better®, a podcast focused on the hottest issues and topics of the 50+ population. Here’s a sneak peek at some of the topics they covered:
‣ The factors that led Richard to embark on a new career path
‣ Phoenix3’s investment and leadership approach
‣ What drives Richard to focus on disrupting the senior living industry
Click here to tune in
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