Mergers & Acquisitions

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

Northern Irish manufacturer and supplier of kitchen, bedroom and bathroom furniture, Woodland Kitchens, has agreed a deal to acquire Dundee-headquartered, JTC Furniture Group, in a transaction backed by investment from growth capital investor BGF. JTC is a manufacturer and supplier of fitted fu

Coventry Building Society has reached an agreement for a potential acquisition of The Co-operative Bank. The deal, valued at up to £780 million, follows exclusive talks between the two entities since mid-December. Pending definitive agreements, the acquisition is poised to reshape both institu

Richard Bathgate and Graeme Bain of Johnston Carmichael, joint administrators of Balgownie Limited and Balgownie Rentals Limited, have sold the 117-year-old business and assets of both companies to MacGregor Industrial Supplies Limited, preserving 15 jobs. The sale includes both the Inverurie and Tu

In a significant expansion, two Borders accountancy firms, Hogg & Thorburn and JRW, have formally merged. Having taken effect on 6 April 2024, the amalgamation forms JRW Hogg & Thorburn, marking a milestone in the histories of these long-established firms.

Glasgow-based Intelligent Capital has been acquired through Canaccord Genuity Group's wealth management business in the UK. Professionals of Intelligent Capital will begin to operate under the Adam & Company brand, an Edinburgh-based wealth management firm once owned by RBS and acquired by Canac

EQ Accountants has announced its merger with Douglas Home & Co. Part of EQ's expansion plan to triple its turnover in the next five years, the alliance will see the firm's office count increase to 10 locations across Scotland and Northern England, with a combined workforce of 210 professionals.

Greenock credit union Tail O’ The Bank (TOTB CU) has completed a successful merger with Right Way Credit Union, a well-established community credit union based in Renfrewshire. The move comes after TOTB CU board of directors and members approved the changes in September 2023.

Edinburgh-based Professional services and consulting businesses Visiativ UK has acquired Solid Apps, a specialist in 3D CAD and data management solutions for the SOLIDWORKS range of products, for an undisclosed sum. Solid Apps was founded by its managing director Chris Hill in Oldbury, near Birmingh

Ayrshire-headquartered Edison Capital, a rapidly expanding conglomerate with interests in property, construction, hospitality and leisure, has acquired quick service restaurant (QSR) concept business, Burrito Picante, in an all-cash deal.

Nationwide Building Society and Clydesdale Bank-owner Virgin Money have formally agreed on the £2.9 billion acquisition deal proposed earlier this month.

Carruthers Gemmill, a family-based law firm with a legacy spanning over 150 years, will become part of BTO Solicitors LLP next month. Under the new arrangement, senior partner Tommy Gemmill, the fifth generation of the Gemmill family, and partner Stephen Watt, will join BTO as consultants in BTO&rsq