Search: raise

Scottish Equity Partners (SEP) has announced a significant leadership transition, appointing new co-managing partners as part of its long-term succession plan. Calum Paterson, who has led the firm as managing partner since co-founding it in 2000, will move to the role of chairman and senior partner.

The Sheriff Appeal Court has refused to allow the director of a liquidated company who was also the director of a creditor of that company to act as lay representative for the latter after finding that he was not a suitable person to act as the defender’s representative. Pursuer Colin Hastings

Three years after the collapse of Dundee construction firm McGill, its administration has closed with just £185,689 paid to creditors – all of it going to former employees.

MHA has announced strong full-year results for the period ending 31 March 2025, immediately prior to the Company’s IPO on 15 April which raised £98m and was the largest AIM IPO of 2025 and the largest in the professional services sector for five years. In Scotland, where MHA has offices

Weir Group PLC has reported a mixed performance for the first six months of its 2025 fiscal year, with a fall in statutory profit contrasting with strong growth in adjusted earnings. The Scottish engineering firm has raised its interim dividend and upgraded its full-year operating margin guidance.

Homeless Network Scotland has appointed Alex MacEachin as treasurer to the board. Chartered accountant Alex trained and practised at multinational giant BDO and has extensive experience in property and construction finance. He joins HNS from real estate investment firm LXi REIT where he was finance

A furniture store has been ordered to pay damages to a couple who bought a sofa without knowing its feather cushions would need to be regularly fluffed. Canadian couple Donna and Thomas Dobko launched civil proceedings against Muse & Merchant after being disappointed with the floppiness of their

ReVentas, a Scottish start-up pioneering plastic dissolution recycling, has secured its Series A funding to enable the scaling of its plastic recycling technology from pilot plant to commercial operation over the next 3 years.

Scottish councils are grappling with a significant financial squeeze as mounting pressures from inflation, rising costs, and escalating demand for services outstrip additional investment from the Scottish Government, according to Audit Scotland. In 2025/26 councils received over £15 billion in

Clean technology firm H2CHP has received £800,000 in new funding from TRICAPITAL Angels and Blackfinch Ventures to advance its innovative free-piston engine designed to help decarbonise the shipping sector. This latest investment brings the total raised by the company to nearly £4 millio

Accountancy firm MHA has gone public and commenced trading on London's AIM market this morning at a valuation of £271 million, marking the largest AIM IPO in the business support services sector over the past five years. The UK arm of Baker Tilly International successfully raised £98 mil

Nikhil Rathi has been reappointed as chief executive of the Financial Conduct Authority (FCA) for a second term.

The cost-effectiveness of public inquiries in Scotland is to be the subject of a new parliamentary investigation. It will be the first time a Holyrood committee has examined the matter in depth.

A commercial judge has dismissed an action by a former company director seeking over £500,000 from the accounting firm instructed to value his shares for compulsory sale after finding that the firm did not act negligently in carrying out the valuation. Mark Coulter raised the action against An

Administrators overseeing the liquidation of Perthshire-based Hadden Construction Limited have revealed that unsecured creditors, owed millions, are unlikely to receive any funds. The company, which entered administration last September, resulting in 67 job losses, has amassed debts exceeding £