Mergers & Acquisitions

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

Newton Property Management has continued its growth through the completed acquisition of Aberdeen-based Atholls. At the end of July, Atholls transferred all common management responsibilities for 2,600 factored properties following a review of services.

Hillhouse Group, one of the largest independent suppliers of quarry materials in Scotland and a third-generation family business, has acquired Skene Group Construction Services Ltd.

Solicitor and estate agents Watermans has completed the acquisition of Edinburgh legal firm Cooper Johnson Law. The deal sees Hazel Johnson appointed as the new Head of Private Client as Watermans builds on recent growth to expand that area of the business.

American petroleum drilling firm Helmerich & Payne, Inc (H&P) has come to a definitive agreement to acquire of Portlethen-based KCA Deutag for a cash sum of $1.9725 billion (c. £1.53bn).