Mergers & Acquisitions

AAB has again retained its top spot in Scotland's financial adviser rankings with 34 deals, the latest Experian M&A report has revealed. The M&A Review (FY 2024) details that there were several notable deals announced in the final months of the year. HM Treasury continued to reduce its stake

An IT managed services company headquartered in Edinburgh has significantly bolstered its global operations with the acquisition of Australian-based EDF Systems, made possible by £1.8 million in funding from HSBC UK. Purview Consultancy Services, which provides IT solutions and cutting-edge pr

Ayr-based JST Ports & Logistics Holdings Ltd has acquired Essex firm RFS Works Ltd, with backing by £11.7 million funding from Cynergy Business Finance. The transaction enables JST to enhance the breadth of its port and rail logistics service offering, whilst expanding its operations

A Dundee teenage entrepreneur, Mitchell Carling, has finalised the takeover of his second hospitality venue on the Costa del Sol. Carling, now 17, made headlines earlier this year after acquiring his first bar, a Rangers Supporters Pub named Bar None, at just 16. His investment company, PTR Hospital

Dains Group has expanded its Scottish presence with the acquisition of Glasgow-based Consilium Chartered Accountants. This marks Dains' first acquisition since receiving private equity backing from IK Partners. The team in Scotland is now almost 200 people strong with offices across the central

Edinburgh-headquartered Miller Homes has completed its purchase of St. Modwen Homes following clearance from the Competition and Markets Authority (CMA).

Legal & General (L&G) has acquired a prime purpose-built student accommodation (PBSA) scheme in Edinburgh's Fountainbridge area for more than £35 million. The PBSA, Lower Gilmore Place, has been acquired off market by L&G’s Managed Fund from Glencairn Properties. Knight Frank

Henderson Loggie has facilitated the sale of the former site of Charles Henshaw & Sons Limited to Mandale Group. Henderson Loggie's head of business recovery & insolvency Shona Campbell, who oversaw the sale, was appointed administrator of Charles Henshaw & Sons in July last year.

AAB has pushed past the £100 million revenue mark with its acquisition of Ormsby & Rhodes, one of the longest-established firms in Ireland, strengthening its international presence and access to the European market. Ormsby & Rhodes was established in 1911 and is consistently ranked in

Macdonald Henderson has advised Glasgow-based financial advice firm Verum Wealth on its sale to UK national firm Foster Denovo. The addition of Verum Wealth marks FD’s seventh acquisition in just over a year and adds £87 million of assets under advice to its recently established Glasgow

Wallace Whittle, the environmental engineering consultancy, has announced the acquisition of Glasgow-based building services consultancy and mechanical and electrical (M&E) engineering firm Davie + McCulloch. The move marks a key milestone in Wallace Whittle's strategic growth journey, which has

Keith-headquartered heating, electrical, plumbing and joinery firm Heatcare Oil and Gas has been bought by Welsh firm Cardo Group in its first move into Scotland.

Burges Salmon has advised real estate and leisure investment firm London and Regional Properties (L+R) on its acquisition of Holiday Inn Express Folkestone for its Atlas Hotels brand. Located near the Eurotunnel, the Folkestone acquisition supports Atlas Hotels’ vision to grow in key locations

Macfarlane Group has acquired The Pitreavie Group, a fellow Glasgow-based business, in a deal worth £18 million. This includes an earn-out of up to £4.0m over two years. The acquisition aligns with Macfarlane's strategy of expanding its protective packaging business through organic and a

Donnie Munro discusses the current M&A market in Scotland, which is experiencing high activity due to anticipated tax changes, and highlights the rising trend of vendor initiated management buyouts (VIMBOs) as an attractive exit strategy for business owners. The corporate mergers and acquisition