Caledonian Leisure Group is a newly formed staycation leisure business focused on coach and self drive holidays in the UK and Europe. Caledonian was established by the highly experienced management team, who had previously grown National Holidays into the UK’s leading coach holiday business.
Park Place acted as lead advisor to Caledonian on the raising of equity funding from Mobeus Equity Partners.
Graham Rogers, CEO of Caledonian said “We have worked with Tim and Ian over a considerable number of years, and they truly understand us and our business model. They have been invaluable in the process and were pivotal in helping us secure the right funding partner and structure for our new venture. We look forward to continuing to work with them on our new journey”.
Tim Simpson commented “I have worked closely with the business for a significant number of years watching Graham and the team develop a fantastic operation at National. Caledonian has provided them with an opportunity to enhance their business model with a more agile asset lite version which I have absolute confidence will be a success. In Mobeus they have secured the right equity partner who clearly saw the market opportunity and identified this management team as the one to back to capitalise on it.”