KPMG Switzerland and KPMG UK's partners have overwhelmingly voted to merge, creating a new $4.4 billion (£3.44bn) entity that will rank as the second-largest firm within the KPMG network.
Mergers & Acquisitions
Law firm Balfour+Manson has announced its merger with Alastair Hart & Co (AH&Co), expanding its presence in the North-east. The firm, which was established in 1888, marks 20 years of business in Aberdeen as it joins forces with AH&Co, which has offices in both Aberdeen City and Port
Scottish energy specialist Aurora Energy Services Ltd (Aurora) has extended its international capabilities with the acquisition of ARC Wind in Australia. The Canberra-based organisation is one of Australia’s providers of construction, engineering, installation and commissioning services to the
Accountancy firm MHA, which recently expanded into Scotland, is now setting its sights on Ireland. At the end of last year, MHA – Baker Tilly International's UK member – established its first Scottish presence through the merger with Aberdeen-based Meston Reid & Co. This was followed
Specialists in owner-managed businesses Consilium Chartered Accountants advised Hamilton Robertson Insurance Brokers (HRIB) on its acquisition by Greenwood Moreland. Continuing a long-standing business relationship, HRIB retained Consilium corporate finance partner John Blair as lead advis
Coach holiday and short break specialist Caledonian Leisure has acquired Tartan Travel as part of a wider mutual partnership with hotel and tour operator Blackpool Promotions.
Infinityblu Dental Care and Implant Clinic has acquired Eyemouth Dental Practice in a deal worth £775,000. Since its 2007 founding in Pitlochry by Chris Barrowman, Infinityblu has added a further 10 regional practices nationwide, with over £10 million invested and over 150 staff emp
Ticketing and bookings platform Citizen Ticket has announced its acquisition of TicketSellers & Eventree, a fellow player in the event ticketing industry with over 25 years of operational excellence, for an undisclosed sum. A multiple seven figure deal, executed through a combination of cash and
Creative and digital agency, LEWIS has acquired Tayburn in a six-figure cash and equity deal that will combine almost a century of creative and digital expertise. This deal will bring together the two firms to offer clients a creative partnership focused on today’s evolving business needs.
Bluewater, an energy-focused private equity firm, has finalised the sale of Aberdeen-based ROVOP, to Edison Chouest Offshore, a US-based marine transportation solutions provider, for an undisclosed sum.
In a deal facilitated by FRP Advisory, Scottish convenience store chain Eddy's Food Station has been acquired by SPAR Scotland's wholesaler, CJ Lang & Son Ltd, for an undisclosed sum. Callum Carmichael and Michelle Elliot, partners at FRP Advisory, were appointed joint administrators of Edd
Acrisure, a global fintech, has acquired Scottish insurance broker WH&R McCartney. Based in Motherwell and led by Graeme Robb and Alan Kirkwood, WH&R McCartney is an insurance broker specialising in general commercial SME insurance. It has been operating since 1932.
Three of Aberdeen’s legal firms, Burnett & Reid LLP, Gavin Bain & Company, and Taggart Meil Mathers, have merged into a single firm. Effective as of 1 May 2024, the merger marks a significant milestone for all three firms as they combined into a workforce of some 70 personnel under the
In a deal worth up to £100 million, abrdn has completed the sale of its £7.4 billionn AUM European-headquartered Private Equity business to Nasdaq-listed Patria Investments. The sale follows a strategic review of abrdn's alternatives business, within which it concluded that the capital g
Apex Hotels, a family-owned hospitality group, has recently finalised the acquisition of Meldrum House Country Hotel in Aberdeenshire. Marking its second rural property venture following the purchase of Pine Trees in July 2023, the move adds to the group’s existing UK-wide portfolio, now total