Weightmans’ Scotland team advise on £70m worth of deals
Law firm Weightmans’ corporate team in Glasgow has advised on 17 M&A deals in 2022 worth a total of £69.6m.
Deals advised on include a series of acquisitions by Dentex Healthcare, including two Glasgow-based practices, Shawlands Dental Care and Orchard Park Dental Practice.
Weightmans also advised on three disposals across the year, including the sale of Glasgow-based research institute SB Drug Discovery to Sygnature Discovery, as well as the refinancing and employee buyout of Edinburgh-based Photonic Solutions from Panoramic Growth Equity.
The Glasgow team is led by Claire McCracken, corporate partner and Weightmans’ regional office head.
Ms McCracken said: “2022 has been an incredibly busy year for our corporate team here in Glasgow. Despite the economic headwinds, businesses in the region have proved resilient and innovative, learning to thrive in this challenging environment.
“The health and care sector has proved particularly buoyant, with acquisitions for Dentex Healthcare Group and TAC Holding (House of Hearing) exemplifying the types of opportunities open to investors who want to capitalise on the growth of a key sector.
“Our team has already grown in tandem with this uplift in activity, with the arrival of Rebecca Ellis as solicitor, and we’re eyeing more recruitment this year to expand our expertise even further.”