Mergers & Acquisitions

Finsbury Food Group, which acquired Coatbridge-based Lees earlier this year, has accepted an acquisition offer from Frisbee Bidco, a subsidiary owned by Isle of Man asset management firm DBay Advisors, in a deal valued at £143.4 million.

Hamilton-based Greenwood Moreland, part of JMG Group, has acquired Glasgow-based Calcluth & Sangster Insurance Brokers. Representing its largest acquisition since the business began on its growth path, the deal will add £6m of gross written premium to the Greenwood Moreland business.

Scottish independent investment bank Cavendish has been formally established through the merger of Cenkos Securities and finnCap Group. Operating from Cenkos’ existing offices in Edinburgh, Cavendish will now add M&A, private capital and debt advisory to its existing equity capital markets

Edinburgh-based Nucleus Financial Platforms, an independent adviser platform in the UK, has secured all the requisite regulatory approvals for its acquisition of the Curtis Banks Group.

Irwin Mitchell and Wright, Johnston & Mackenzie have merged. Irwin Mitchell Scotland operates out of Glasgow predominantly in banking and finance and complex personal injury work. Wright, Johnston & Mackenzie specialises in corporate, private client, property, and asset management.

Morton Fraser and MacRoberts have agreed to merge in a move that will create a new, top-tier independent law firm in Scotland. With 250 solicitors and £46 million in annual revenues, the newly-merged firm says it will form part of a new 'big four' in Scotland's legal sector, being over 30% lar

Continuing its series of rapid acquisitions, Edison Group has bolstered its portfolio by acquiring Linlithgow-based Cabin Scotland Limited in an all-cash deal. The acquisition is viewed as a strategic move to enhance its diversified property services.

VINCI Energies has solidified its position in Scotland by acquiring NorPower, a Muir of Ord-based company specialising in extra high voltage overhead lines in the UK. Founded in 2003, NorPower has expertise in the construction, installation, reconfiguration, and refurbishment of woodpole and steel o

Hayward Tyler Fluid Handling Limited, a Glasgow-based subsidiary of Avingtrans PLC and a designer and manufacturer of performance-critical electrical motors and pumps, has purchased Slack & Parr Limited and its investment counterpart out of administration.

Private equity firm Endless LLP has acquired ASCO, an Aberdeen-based firm that offers integrated supply base operations to the energy sector, for an undisclosed sum.

Regional private equity and infrastructure investment manager Foresight Group has made a £2 million investment into RFB Containers Limited to facilitate the acquisition of Forth Containers Limited, a Bathgate-based company. RFB, under the leadership of managing director Angus Barraclough, has

Specialist engineering services company PD&MS has been acquired by RSK Group. The Aberdeen-based company has been operating within the energy transition, conventional energy, low carbon and renewables sectors since 2002.

Integrity365 Ltd, a UK-wide financial advisory service, has acquired MacDonald Partnership and Hart Wealth, the financial advisory arm of Hartinsure Limited. The expansion strengthens the Bristol-based firm's Scottish footprint, tapping into MacDonald Partnership's long-standing reputation in Arbroa

Edinburgh-based Apex Hotels has expanded its portfolio by venturing into rural markets with the acquisition of the Pine Trees Hotel in Pitlochry. The deal, the financial details of which remain undisclosed, marks the first step in Apex's strategy to diversify into popular UK destinations. The family

Infinityblu Dental Care and Implant Clinic, a Perthshire-based dental group founded by Chris Barrowman, has invested £600,000 to acquire two new practices. The recent acquisitions in Auchtermuchty and Galashiels increase the group's portfolio to 11 practices nationwide. The firm has also shown