Mergers & Acquisitions

PDG Aviation Services (PDG), an Inverness-headquartered provider of manned aerial solutions for critical infrastructure, has acquired drone specialist Team UAV. Backed by LDC, PDG supports sectors including power, utilities, and rail with aerial surveys, inspections, and lifting.

Cleartech Group has acquired Wigan-based ECB (Water Solutions) Limited, advised by Consilium Chartered Accountants who provided lead advisory and tax due diligence services. The deal – Cleartech’s first acquisition outside of Scotland – significantly strengthens their geographical

In a strategic move to enhance global procurement solutions, Grandholm Production Services has acquired Aberdeen-based RSD Supplies & Services in a six-figure deal. RSD was formed in 1999 as a one stop solution to source and supply a wide range of essential high-volume products, including genera

Scotland-founded AAB Group's financial planning division, AAB Wealth, has acquired prominent London-based firm Magus Wealth as part of its ongoing strategic growth. This marks AAB's first wealth acquisition in the capital, significantly expanding its footprint in London and the South-east.

The number of Scottish companies entering administration remained relatively stable in the first quarter of 2025, according to analysis by Interpath. Data from Companies House showed 14 administrations between January and March, broadly consistent with the 12 cases in Q1 2024 and 15 in Q4 2024. UK-w

Financial mutual Scottish Friendly has agreed a deal to acquire pension and annuity in payment books of business from Fidelity International. The acquisition consists of a block of unit-linked Section 32 pensions business comprising £2.16 billion assets under management (AUM) across 76 origina

Consilium Chartered Accountants has provided full lead advisory services to PJs Foods Limited in its sale to Tiffin Sandwiches. Glasgow-based PJs Foods (PJ) was established in 1996 and provides food-to-go products including sandwiches, pasta bowls, and salad bowls. The firm is a leading supplier to

Perthshire-based waste management firm Binn Group has acquired R Finnie Skip Hire of Inverness, significantly strengthening its operational footprint in the north of Scotland and the Highlands. R Finnie Skip Hire brings 17 experienced team members into the Binn Group family, adding to its existing w

Accountancy firm Armstrong Watson has significantly expanded its Glasgow operations through a merger with local firm Martin Aitken. The move, effective 7 April, integrates Martin Aitken's entire 110-strong team, including its directors who join as partners, into Armstrong Watson. This increases Arms

Accountancy firm BK Plus has significantly expanded its Scottish operations by acquiring four established practices – Walton Kilgour (Perth and Pitlochry), Ian MacFarlane Ltd (Falkirk), JC Wallace (Glasgow), and Bird Simpson (Dundee). This move marks a major step in the firm’s strategy,

Scottish-headquartered consultancy Ryden has become the latest successful investment by Lambert Smith Hampton (LSH). Ryden, the standout regional business, has over 120 professionals across Edinburgh, Glasgow, Aberdeen and parts of northern England.

Blackstone has reached an agreement to acquire a 22% minority stake in AGS Airports from AviAlliance for £235 million.

Turas Hotels has acquired the landmark Cairngorm Hotel in Aviemore, previously under family ownership for three decades. The purchase, for an undisclosed sum, strengthens the group's presence within the Cairngorms National Park. The 32-bedroom Victorian hotel, a prominent feature of Aviemore's main

Howden Scotland, part of Howden, the global insurance intermediary group, has acquired the book of business of Edinburgh-based SKB Independent Insurance Brokers Limited. Founded by CEO Satvinder Breeze, SKB provides insurance services to businesses throughout Edinburgh, Scotland, and the UK.

Wright, Johnston & Mackenzie (WJM) is set to join forces with commercial law firm Davidson Chalmers Stewart in one of the most significant deals in both firms’ history. The move follows investment in WJM from Irwin Mitchell and marks a major step in their strategic plan for growth in Scotl