Gilson Gray has acquired City of London-based PCM Solicitors, marking its first foray into the London and South East market. This marks the Edinburgh-headquartered law firm's third acquisition of 2024, after the firm announced deals for Edinburgh’s MHD and Bowmans Solicitors in Forfar earlier
Mergers & Acquisitions
Housebuilder Cala Group has announced today that an agreement has been signed by the global investment firm Sixth Street Partners and Patron Capital, the pan-European institutional investor focused on property-backed investments, to acquire the company from Legal & General Group Plc.
Private equity firm Maven Capital Partners has exited its investment in CB Technology (CBT), a specialist electronics contract manufacturer (ECM), following its acquisition by Northern Ireland-based Elite Electronic Systems. With a combined turnover of over £50 million, the acquisition creates
ASOS, the online retailer, has sold a significant 75% stake in Topshop to parent company Bestseller, owned by Scotland's wealthiest man – Danish billionaire Anders Povlsen – in a deal worth £135 million.
Financial planning and wealth management firm AAB Wealth has acquired WealthFlow, a specialist financial planning firm based in Edinburgh, bringing its total assets under advice (AUA) to over £1 billion. Edinburgh-based WealthFlow’s experience in managing the intricacies of financia
Accountancy and advisory firm Azets, which has its largest UK office in Braehead, has agreed to acquire Paisley-based chartered accountancy and wealth manager Milne Craig for an undisclosed sum. The historic Renfrewshire firm was founded over a 100 years ago and has established an excellent reputati
Edinburgh-based Tweed Wealth Management taken over Glasgow-headquartered Capital Wealth Consultants (CWC). The deal, for an undisclosed sum, sees the Tweed Wealth Management grow to more than 28 staff across four locations.
Web and software development specialist Hybrid Anchor has acquired Edinburgh-based tech support firm Off Canvas in a deal which is expected to create 40 jobs in the next three years. The move comes as the Coatbridge company marks its third year in business, with a variety of key roles set for both t
Rangers board sources have denied rumours of an imminent multi-million-pound takeover by American investors. American investors have been reportedly considering a potential takeover of Glasgow Rangers Football Club, valuing the club at approximately £150 million, City A.M. said on Tuesday.
Joint administrators Craig Morrison and Brian Milne, managing directors of business advisory firm Quantuma, have facilitated the sale of a streaming service developed by Glasgow-based Frog Systems, for an undisclosed sum. Cheshire-based wellbeing company Raiys has acquired Ashia, a 24/7 digital
Sterling Sinclair Removals Group (SSR) has added to its growing portfolio with the acquisition of Tillicoultry firm Glen Transport. The six-figure deal marks SSR’s second such deal in less than a year following the takeover of Britannia Edinburgh Removals.
A proposed £2.5 billion merger between UK housebuilders Barratt Developments and Redrow looks set to go ahead despite concerns from the competition regulator.
Inverness-headquartered Aurora Energy Services has announced its expansion into South America with the acquisition of a Chilean wind energy services business. Aurora has acquired the Latin American assets of Altitec Blade Services, which is a separate entity from the parent group acquired in Februar
Glacier Energy, provider of products, services, and engineered solutions for renewable and conventional energy markets, has acquired fabrication business Francis Brown. Established in 1903, Francis Brown is a manufacturer of pressure vessels and structural fabrications. The move strengthens and broa
Hargreaves Lansdown, the FTSE 100-listed investment platform, has agreed to a £5.4 billion takeover offer from a private equity consortium led by CVC Capital Partners. Pending shareholder approval, the deal will pay £11.40 per share, with the founders, Peter Hargreaves and Stephen Lansdo