Caelum Capital Acquires Majority Stake In Compass BoxApril 28, 2022
Scotch whisky player Compass Box has announced a new majority investment from London-based firm Caelum Capital, and named Caelum advisor Maurice Doyle as CEO. Doyle, who previously held senior executive roles at Bacardi and William Grant & Sons, will lead Compass Box alongside founder and whiskymaker John Glaser.
Financials on the Caelum deal weren’t disclosed, but the firm’s strategy calls for making equity investments of between $50 million and $200 million. Caelum founder and managing partner Manish Rungta was previously a member of the global M&A team at Diageo. Compass Box No Name No. 3 ($130) ranked ninth among Whisky Advocate’s Top 20 Whiskies of 2021.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.