Edinburgh-based Cala is a housebuilder that mainly operates at the premium end of the market. Driven by organic growth and its acquisition of Banner Homes for a reported £200m in 2014, this year the group announced record operating profit of £73m on sales of £511.6m, up by 79%. In 2013, Legal and General and Patron Capital Partners acquired a majority stake, valuing the group at £214m. Chief executive Alan Brown, 56, is targeting sales of £1bn within five years.
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