Management Buyout

Aberdeen-based home improvement company Bon Accord Glass has undergone a management buyout (MBO) as it marks its 50th anniversary. Long-standing directors Colin Kinghorn and Martin Allan, with a combined 75 years of experience, have passed the reins to a new generation of leaders within the company.

Aberdeen-headquartered construction industry consultancy McLeod + Aitken has undergone a management buyout (MBO), in a deal worth over £10 million. Existing directors Graeme Beaton, Mark Hirst, Alistair Seel and Grant Jamieson have assumed control from Duncan Moir, Mike Shirreffs and Matt

Aberdeen-headquartered Proserv has undergone a sponsor-backed management buyout (MBO), and is introducing an employee ownership scheme, marking a significant milestone in the company’s 60-year history. Led by CEO Davis Larssen and CFO Mark Fraser, the multi-million pound deal is backed by GIIL

Albyn Architects, an Aberdeen architectural practice, has undergone a management buyout – resulting in its rebranding to Ian McGregor Architects. Founded originally as Albyn Architectural in 2015, by departing director Mark Dellaquaglia, the company expanded in 2018 with the appointment of pri

Dundee-based digital transformation specialist Vidatec has successfully completed a management buyout from The Insights Group. Ross Wilson, previously the managing director, now assumes the role of CEO, steering Vidatec towards growth opportunities in the health and wellbeing, tourism, and sustainab

Scottish pension provider @sipp has successfully undergone a management buyout (MBO) led by managing director Eddie McGuire and finance director Steve Lancaster. The entire share capital of @sipp Limited has been acquired for an undisclosed sum by @sipp Group Holdings Limited, a holding company set

Aberdeenshire-headquartered integrated services provider AquaTerra Group has undergone a management buyout spearheaded by managing director Stephen Taylor for a seven-figure sum. Mr Taylor has acquired the majority share of the company, while Nigel Whitton, commercial director and Frank Hall, marine

In a strategic move within the energy sector, Souter Investments, led by Sir Brian Souter, has finalised an agreement to acquire Premier Hytemp, a firm in the engineering solutions space. This acquisition is a part of a management buyout spearheaded by Premier Hytemp’s CEO, Mohit Sreen, and wi

Edinburgh-based financial advisory firm Chiene + Tait Financial Planning has undergone a management buyout led by directors Mark Dobson and Gordon Birrell. The duo has taken full control of the company from the outgoing shareholders Chiene + Tait LLP.