Caledonia Private Capital is pleased to announce that it has agreed to invest in Blue Diamond Ltd, the UK and Channel Islands’ leading garden centre operator. The transaction remains subject to approval by Blue Diamond’s shareholders and certain other customary conditions and is expected to complete in early July.
Founded in Guernsey in 1904, Blue Diamond has been transformed from a traditional horticultural business into a destination garden centre group spanning gardening, home and leisure, and food and hospitality. The business operates 54 garden centres across the UK and Channel Islands.
Blue Diamond is exactly the type of business with which we look to partner: a clear market leader with an outstanding management team delivering excellent cash generation which can be re-invested to grow the Business.
Over more than two decades, Alan Roper and his team have built the leading platform in the UK garden centre sector through disciplined acquisitions, consistent investment and operational excellence.
We have been impressed by the strength of the business model, the quality of the team and the opportunities ahead. We are delighted to be partnering with Blue Diamond and look forward to supporting the company through its next phase of growth.
Tom Leader
Head of Private Capital, Caledonia
We are pleased to welcome Caledonia as a partner for the next stage of Blue Diamond’s development. Throughout the process, the Caledonia team demonstrated a clear understanding of our business, culture and our ambitious plans for the future. Caledonia’s long-term approach and flexible capital base make it an ideal partner as we continue to invest in our estate, pursue further growth opportunities and build on the platform we have created over the last 25 years.
Simon BurkeChair, Blue Diamond