Mergers & Acquisitions

Glasgow-based Intelligent Capital has been acquired through Canaccord Genuity Group's wealth management business in the UK. Professionals of Intelligent Capital will begin to operate under the Adam & Company brand, an Edinburgh-based wealth management firm once owned by RBS and acquired by Canac

EQ Accountants has announced its merger with Douglas Home & Co. Part of EQ's expansion plan to triple its turnover in the next five years, the alliance will see the firm's office count increase to 10 locations across Scotland and Northern England, with a combined workforce of 210 professionals.

Greenock credit union Tail O’ The Bank (TOTB CU) has completed a successful merger with Right Way Credit Union, a well-established community credit union based in Renfrewshire. The move comes after TOTB CU board of directors and members approved the changes in September 2023.

Edinburgh-based Professional services and consulting businesses Visiativ UK has acquired Solid Apps, a specialist in 3D CAD and data management solutions for the SOLIDWORKS range of products, for an undisclosed sum. Solid Apps was founded by its managing director Chris Hill in Oldbury, near Birmingh

Ayrshire-headquartered Edison Capital, a rapidly expanding conglomerate with interests in property, construction, hospitality and leisure, has acquired quick service restaurant (QSR) concept business, Burrito Picante, in an all-cash deal.

Nationwide Building Society and Clydesdale Bank-owner Virgin Money have formally agreed on the £2.9 billion acquisition deal proposed earlier this month.

Carruthers Gemmill, a family-based law firm with a legacy spanning over 150 years, will become part of BTO Solicitors LLP next month. Under the new arrangement, senior partner Tommy Gemmill, the fifth generation of the Gemmill family, and partner Stephen Watt, will join BTO as consultants in BTO&rsq

The Competition and Markets Authority (CMA) has opened an investigation into the proposed £2.5 billion acquisition of Redrow by Barratt Developments.

Macfarlane Group has announced the acquisition of Allpack Packaging Supplies Limited in a cash deal worth up to £3.25 million. The earnings-enhancing move furthers the company's strategy to grow its protective packaging business through organic and acquisitive means.

Supplier of industrial and engineering products Troy has strengthened its presence in Scotland through the acquisition of Scott Direct Group, a family-run firm based in Grangemouth. The deal marks Troy's 19th acquisition and second since receiving multi-million-pound investment from BGF last year. I

Nationwide, the UK's largest building society, has proposed to offer of 218p per share in cash for the takeover of Clydesdale Bank-owner Virgin Money UK, valuing the deal at £2.9 billion.

Property firm Lomond Group, which has completed over fifty acquisitions since 2021, continued its expansion in Scotland with the acquisition of Tay Letting. The firm, which has offices in Glasgow, Dundee, and Edinburgh, will become part of the DJ Alexander brand and substantially increase the f

Edinburgh-based Corran Capital has secured £80 million for its second fund, Corran II, dedicated to investments in clean energy and climate-focused companies throughout the UK. The specialist clean energy private equity firm has invested part of the funding to acquire a 30% stake in Vital Ener

Gilson Gray has enhanced its presence in Edinburgh through the acquisition of MHD Law, marking its second takeover deal in 2024. MHD has a 100-year history and, over that time, has established a strong local reputation for delivering legal services across property, estate agency and conveyancing, pr

Macdonald Henderson has announced its acquisition of Glasgow-based Blaney Carnan Solicitors. Blaney Carnan specialises in business and property law, domestic and commercial conveyancing, wills, estate planning and commercial contracts.