International law firm, Osborne Clarke has advised Caledonia Investments PLC (a FTSE-listed self-managed investment trust company) on its £86 million acquisition of Choice Care Homes from funds managed by Sovereign Capital. Choice Care Homes provides care for individuals with learning difficulties, complex needs and challenging behavioural issues.

Duncan Johnson, Head of Caledonia Unquoted Investments commented:

"This is the first time that we have worked with Osborne Clarke and I have been impressed with their depth of resource and professional advice.  It was a real pleasure to work with Mark, Amy and the team."

Osborne Clarke private equity partner Mark Spinner, added:

"It’s great to get our first deal for Caledonia under our belt and to be working at a law firm that understands the importance of Private Equity as part of its overall City Offering. Osborne Clarke is in a growth period and with the recent office openings in Brussels and Paris, our International reach is increasing daily. "

The Caledonia team comprised Duncan Johnson, Charlie Edwards and Sally Flanagan.  Osborne Clarke’s team was led by Partner, Mark Spinner who joined Osborne Clarke in March and has already advised on three significant instructions since joining. Mark was assisted by: Corporate Senior Associate Amy Salmon; Banking Partners Dominic Ross and Ben Truman; Real Estate Partner Nadine Strahl and Senior Associate Clare Ridgway; Employment Associate Camilla Fell; and Tax Partner Erika Jupe and Tax Senior Associate Mark Braude.

CMS advised Sovereign Capital and the Management Team – led by partner Jason Zemmel.

Hogan Lovells advised the syndicate of banks – RBS, Allied Irish and Santander