Mergers & Acquisitions

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

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

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.