Business

Real estate advisor CBRE has announced it has secured a new office in Glasgow for Eaton Corporation, a power management solutions firm.

Growth capital investor BGF has reported continued strong momentum over the last 12 months, investing close to £60 million within the Scottish growth economy. BGF is a long-term investor, making initial investments between £1m to £15m for a minority equity stake.

Standard Life Private Equity Trust, a fund managed by abrdn, has posted a Net Value Asset (NAV) total return of 37.9% for the eyar ended 30 Deptember 2021, compared to 11.7% in 2020. This figure compares to 27.9% for the FTSE All-Share Index.

Social Investment Scotland (SIS) has provided Shawlands-based Flair Gymnastics with a £112,000 funding package to refurbish the premises. The club secured £112,000 from SIS, comprising a £60,000 loan to revamp the gym equipment and £52,000 in grant funding through the Adapt a

North-east environmental technology firm, Recycl8, is expanding its team to drive continued growth and enter the global renewable energy market. With multibillion-pound offshore windfarm projects recently being awarded development rights around the coast of Scotland, this vital industry is set for a

Almost 90% of global financial services investors are planning to establish or expand operations in the UK in 2022, according to EY’s latest UK attractiveness survey, representing the highest level of confidence since EY started attractiveness analysis. Sentiment around planned investment into

Decom Engineering has opened a new facility near Aberdeen, investing more than £250,000 to set up a base at Potterton near Dyce. The 6,000 sq ft facility will be used for equipment testing and storage, hosting customer trials days, and it will allow faster deployment of Decom’s asse

Three of Scotland’s most innovative SMEs have secured a global audience spot at the CAN DO Innovation Summit after entering a competition to appear on the events #SMEstage. The successful candidates; FC Laboratories Ltd, Cheemia ReSET and Danu Robotics Ltd, will join a host of world-class spea

BR-DGE, the Edinburgh-based payment orchestration provider, has announced major growth plans for 2022, following a substantial follow on investment from existing shareholders in Q3 2021. Led by Brian Coburn, BR-DGE’s platform promises to revolutionise online payments for merchants by offering

Asset & wealth management firm AssetCo has reached an agreement on the terms and conditions of an all-share acquisition of River and Mercantile Group (RMG), in a deal worth £98.8 million. The deal takes the number of asset management businesses it has acquired in the past year to four.

Startup Grind Scotland has secured funding to take Scottish startup and scale-up founders to the two-day 2022 Startup Grind Global Conference in Silicon Valley in April.

Scottish private equity outfit Inverleith LLP has acquired a majority stake in Eden Mill St Andrews after the firm invested an undisclosed amount into the whisky and gin brand. Eden Mill is currently embarking on the development of its carbon-neutral single malt whisky distillery in St Andrews which

Theodore Agnew, a Treasury and Cabinet Office minister, resigned yesterday over the UK Government's decision to write off £4.3 billion in fraudulent COVID-19 loans. Mr Agnew labelled the oversight of the scheme “nothing less than woeful” and accused officials of “schoolboy er

A café franchise business has opened Cumbernauld’s first-ever drive-thru Costa Coffee, creating 25 new jobs thanks to £850,000 funding from HSBC UK. Coffeepots Limited, which officially opens the doors to a new Costa Coffee café in Cumbernauld’s town centre on 1st Feb

Scottish construction consultancy Soben has announced the expansion of its global operations into APAC with the launch of its Singapore office, supported by two new senior appointments. Andrew Murie will take the role of Soben APAC CEO, with Callum Agnew joining as director – mission critical.