Stephen Johnston

Stephen Johnston General Information

Biography

Mr. Stephen Johnston is the Founder and serves as Founding Partner and Partner at GGA Partners. Previously, he owned the company. He began his career at the accounting firm of Thorne Gunn/Thorne Riddell in Toronto in 1973. He earned his Chartered Accountant designation while with Thorne Riddell in 1976 and in 1984 was promoted to Partner and given responsibility for major client accounts. His audit experience with major accounts subsequently expanded into real estate, communications and insurance. When the firm became known as KPMG, Steve continued as an Audit Partner and in 1992 created the company and assumed responsibility as National Director. His main focus is developing financial and business solutions for private clubs, public golf courses and resorts, golf communities, investors and lenders. He provides keen insight into banking and finance solutions arising from his years of advising numerous international financial institutions. He has completed due diligence and valuation assignments for some of the largest golf-related transactions in North America and has completed multiple market studies to reposition various golf assets. In addition, he has been actively involved with workouts/receiverships, providing operational and financial guidance. These assignments typically lead to member buyouts/transitions from developers or to an outright disposition of property.