Caledonia Investments

Johnson steps down after 10 years of service, and becomes CEO at Northern Gritstone

GP’s exit comes just three years after it acquired DSE in a deal valuing the company at £162m

LGV Capital sold UK pub operator Liberation Group to Caledonia Investments for £118m in 2016

Buzz Bingo and Liberation Group leisure venues are currently closed, due to coronavirus restrictions

Corner joins Caledonia from Lazard's corporate finance division, where he worked for 16 years

Appointment follows the hire of Toby Lane as an investment executive in the summer

Investment executive Toby Lane joins from Lazard and previously worked at PwC as a chartered accountant

Caledonia is expected to invest around £92m for its minority stake in the global family office

Sale of the care group generated a 1.9x return for the vendor following a five-year holding

Caledonia bought a 98.9% stake in the company for £117.2m and provided a short-term bridging loan

Deep Sea is looking to grow through the introduction of new products and geographic expansion

Management team reinvests £7.8m of their sales proceeds to secure the remaining equity