Shepherd and Wedderburn corporate finance team advises on deals worth over £6bn in 2019
Shepherd and Wedderburn’s corporate finance team advised on deals with an aggregate value of £6.03 billion in 2019.
The team, which was named Corporate and Commercial Team of the Year at the 2019 Scottish Legal Awards, advised on 85 deals globally in the year to December 2019, including a number of notable clean energy and technology-led transactions.
The Edinburgh-headquartered firm advised on the £17 million demerger of satellite broadband provider Bigblu Broadband plc, acted for shareholders in deltaDNA in its sale to Unity Technologies and advised TVSquared Limited in connection with its Series C funding round led by West Coast Capital.
Shepherd and Wedderburn also acted for Scottish Enterprise in a £4.5 million further funding round into personal finance application Money Dashboard and advised Scottish Enterprise in respect of its further investment into Symphonic Software Limited, an Edinburgh-based provider of access management software.
The firm’s corporate deals activity spanned a broad range of sectors in 2019, also including food and drink, funds and capital markets, media, hospitality and leisure, life sciences, healthcare, manufacturing and engineering.
Commenting on 2019 corporate deals, George Frier, who leads Shepherd and Wedderburn’s corporate finance team, said: “Our team had another very busy year, working on some of the largest and most notable transactions of 2019, including some requiring an innovative approach to complex regulatory and corporate structures.
“Activity was led by overseas investors and corporates looking to Scotland and the wider UK market for good quality acquisitions and investment opportunities, notably in the tech/fintech space, which remains particularly buoyant.”