Mergers & Acquisitions

Document Data Group (DDG), a rapidly growing business technology provider based in Central Scotland, has acquired the assets of Fife-based Hire Tech, a specialist in printers and copiers. Bellshill-based DDG has been a force in the business process optimisation field since its inception in its curre

Scottish clean energy group D2Zero has acquired flow measurement consultancy Kelton, adding further decarbonisation expertise to its 4,000-strong workforce, as it seeks to accelerate net zero emissions. Since 1991 Kelton has been enabling leading energy businesses around the world to better understa

Accountancy, business and financial advisory firm Armstrong Watson has acquired Glasgow-based accountancy practice Parkhill Mackie & Co. The merger, which completed last week, will see Parkhill Mackie’s 11 staff, including partners Linda Parkhill and Sandra Mackie join Armstrong Watson&rsq

Accountancy firm BK Plus has acquired Cornerstone Accountants in Glasgow and FourM Accountants in Dundee, adding almost 100 staff and expanding its presence into Scotland. In just over three years since formation, the deal brings BK Plus' office count to 25 offices.

After 26 years under the ownership of Sir Peter Michael and family, The Vineyard Hotel in Newbury has been sold to Apex Hotels for an undisclosed sum. The deal marks Apex Hotels’ third country house hotel following the recent purchase of Pine Trees in Pitlochry and Meldrum House Country Hotel

Dundee-headquartered Thorntons Wealth Management, with offices in Aberdeen and Edinburgh, has acquired Edinburgh-based financial planning firm Robson Macintosh. The deal completed on 27 September and brings the combined assets under administration and management for Thorntons Wealth Management and T

Canadian decarbonised heating specialist Noventa Energy has acquired three innovative heat from wastewater assets from Scottish Water Horizons located in Glasgow, Stirling and Campbeltown, for an undisclosed sum. The acquisition was funded by infrastructure manager Ancala. The firm invested in Noven

Burges Salmon has guided Pandox on its financing and acquisition of the DoubleTree by Hilton Edinburgh City Centre, in a deal worth £49 million. The deal grows the international hotel property owner's portfolio in Scotland and adds to its Edinburgh offering where it already owns the Aparthotel

RSM’s UK and US arms have announced they are conducting merger talks, which are now at an advanced stage, subject to definitive agreements and customary legal, regulatory and other approvals. The firms' new structure would establish a partner-owned organisation spanning locations across the UK

Scottish climate tech venture studio Ventex has acquired a specialist manufacturing firm as it seeks to accelerate the global expansion of nuclear energy. Cumbria-based Rovtech is the third business to become part of Ventex, which is focussed on repurposing companies, technologies, skills and experi

The Competition & Markets Authority (CMA) has closed its investigation into Barratt Development’s acquisition of Redrow, paving the way for the £2.5 billion merger.

Scotland-headquartered professional services firm AAB has acquired Bolton-based Barlow Andrews and its sister entity Beech Business Services. Established for over 100 years and currently employing 70 people, Barlow Andrews and Beech Business Services collectively provide audit & accounts, tax, p

Private equity and infrastructure investment manager Foresight Group has sold its holding in Substantive Research to pan-European stock exchange and market infrastructure provider Euronext. Substantive, with offices in London and Edinburgh, is a FinTech providing in-depth product and pricing compari

Glasgow-based cloud computing company iomart has acquired Atech Support, a Microsoft solutions provider, for £57 million. The deal, funded through existing cash and banking facilities, is expected to significantly boost Iomart's capabilities and offerings in the UK mid-market.

Nationwide Building Society has completed its £2.9 billion acquisition of Virgin Money, creating one of the UK's largest banking groups with 24.5 million customers and nearly 700 branches. The deal, approved by Virgin Money shareholders and a specialist court, will see the Virgin Money brand d