The franchise was granted as a replacement for the Lewiston Maineiacs, which folded at the end of the 2010–11 QMJHL season.

[1] On May 31, 2011, the Quebec Major Junior Hockey League held a conference call to prepare an offer to purchase the team from Mark Just for 3.5 million dollars.

On January 13, 2013, the Phoenix recorded the franchise's first-ever shutout against the two-time league champion Saint John Sea Dogs.

The Phoenix finished their inaugural season with a 21-38-3-6 record, which was good enough for 15th place in the QMJHL, which allowed them to make the playoffs for the first time.

The excitement, however, was short-lived, as the team was swept out in the first round by the second-seeded Baie-Comeau Drakkar, being outscored 27–7 in the series.