HaysMac is pleased to announce its role as buy-side due diligence advisor to Caledonia on its £60 million investment in Blue Diamond Limited, one of the UK’s leading garden centre operators.
About the deal
Caledonia – a long-established, FTSE250-listed equity investor known for its patient, long-term approach to capital deployment – has committed £60 million to Blue Diamond, comprising £40 million to accelerate growth initiatives and £20 million to provide shareholder liquidity.
Blue Diamond operates a portfolio of 54 garden centres across the UK and Channel Islands, offering a wide range of plants, garden products and outdoor living solutions to an increasingly engaged consumer base.
Stephen Mason, Partner within the HaysMac Transaction Services team commented:
“It’s been a pleasure to assist the Caledonia team, with whom we have built an excellent working relationship over the course of this engagement. I wish them every success with Blue Diamond and look forward to following the business’s continued growth.”
Theo Tizard, Director, Caledonia Private Capital, commented:
“The HaysMac team brought valuable sector insight and pragmatic advice to the transaction, mobilising quickly and remaining highly responsive throughout. Their experience and clear understanding of our requirements made them easy and effective to work with.”
