UK bus tycoon Brian Souter goes on M&A spending spree after selling Stagecoach for £595 million in cash
The former Arthur Andersen accountant's family office has been very busy, with considerable "firepower."
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The former Arthur Andersen accountant's family office has been very busy, with considerable "firepower."
Specialty steel business Premier Hytemp, formerly part of Murray International Holdings, has been sold in an MBO backed by Souter Investments
By Karen Peattie
Andy Macfie has stepped down as managing director after 14 years to become chairman. Long-serving executives John Berthinussen and Calum Cusiter have been appointed co-managing directors. Sir Brian said: “When Andy and I launched Souter Investments in 2006 our vision was to create a professional but entrepreneurial family investment office, building a diversified investment portfolio that would generate healthy returns over the long-term, be resilient to economic downturns and fund charitable donations. Andy has been critical to us achieving these objectives.” Mr Macfie said: "Ca...
MANAGEMENT EVOLUTION AT SOUTER INVESTMENTS Tuesday, 12 January 2021 Souter Investments, the private equity focussed family investment office of Sir Brian Souter and the Souter family, has appointed John Berthinussen and Calum Cusiter as co-Managing Directors. Having founded the family office with Sir Brian in 2006, and after 14 years as Managing Director, Andy Macfie is to become Chairman. Sir Brian Souter commented: “When Andy and I launched Souter Investments in 2006 our vision was to create a professional but entrepreneurial family investment office, building a diversified investment p...