Caledonia mixes Liberation Group with Cirrus Inns

• Cirrus Inns is a pub business that trades from southwest London to the Cotswolds
• The combination creates a predominantly freehold estate of 137 pubs
• Jonathan Lawson, Liberation CEO, will lead the combined group

Caledonia Private Capital portfolio company Liberation Group will integrate with Cirrus Inns, a collection of 22 pubs and inns that trades from southwest London across to the Cotswolds.

Headquartered in London, Cirrus Inns is a “constantly expanding” group of individual inns run by landlords, according to a statement.

The combination creates a predominantly freehold estate of 137 pubs, made up of 79 managed and 58 tenanted sites, with an accommodation offering of over 400 rooms, stretching from southwest London to Bristol and the Channel Islands.

Liberation Group has focused on local suppliers such as Walter Rose, Arthur David and Hobbs House. These suppliers and their products will be rolled out into its new pubs alongside the drinks ranges from other strategic partners and Liberation Group’s breweries. Liberation is headquartered in Jersey.

London-based Caledonia invests in UK mid-market companies with equity values in the £50m to £125m range.