Business

Aberdeen-based technology firm Eserv has completed an investment deal with Vespa Capital LLP. The deal, for an undisclosed sum, will enable Eserv to continue to drive international growth, augment the team and further expand the capabilities of their digital twin technology, AS-TEG.

Ken Valledy, an international business adviser, entrepreneur, and co-author of The Startup Lexicon: Demystifying the Everyday Language of Startups, will meet with Scottish female founders and business angels at an event being hosted by Investing Women Angels next week. Mr Valledy will address the au

MacKay Corporate Insurance Brokers has appointed Sean Moran as the firm's new private client sales director. MacKay Corporate are an independent chartered insurance broker with offices in Ayr, Greenock and Aberdeen.

The Isle of Barra Distillers have agreed a six-figure deal with Waitrose & Partners to stock and sell their 'Atlantic Gin' in 120 stores across the UK. The Outer Hebrides spirit will initially be available in 120 stores, but the deal may expand to other locations based on customer feedback and d

International oil services firm Archer Limited has closed a deal to acquire Ellon-based Romar-Abrado for $8 million (£6.57m), plus earn-out pending trading performance over 2023 to 2025.

According to the latest Royal Bank of Scotland Report on Jobs survey, Scottish recruiters reported a decline in permanent placements during December.

Bio-based construction materials manufacturer Industrial Nature Ltd has secured a follow-on investment of £2 million from the Scottish National Investment Bank. The £2m investment comes after the Edinburgh-based firm successfully established the IndiNature Mill in the Scottish Borders an

The Federation of Small Businesses (FSB) in Scotland has voiced concerns over the dramatic scaling back of energy bill support for small businesses, announced yesterday by the UK Government. Andrew McRae, FSB Scotland policy chair, said: “Small businesses have been calling for some certainty o

In one of its first transactions of the year, law firm Harper Macleod has advised Connelly Group Holdings on its acquisition of Renfrewshire safety and security business Brookfield Alarms. Connelly Group Holdings – known by its Connelly Security Systems brand – was established in Bishopb

Law firm Pinsent Masons' Scottish corporate team looks back on 2022, having advised on deals worth billions of pounds in various sectors, and discuss the outlook for the year ahead. The stand-out deal in the last 12 months was Ithaca Energy’s £2.5 billion listing on the main London Stock

CFOs see bank borrowing and debt issuance as less attractive sources of finance now than at any time since the financial crisis, according to Deloitte’s UK CFO Survey, Q4 2022. As a result of this demand for credit is well below average levels and flagging with CFOs, with only 28% saying they

Despite challenging economic forecasts, the majority of Scottish businesses expect 2023 to be more successful than 2022, according to the latest Bank of Scotland survey.

Sixco Limited, the Glasgow-based group behind the Six by Nico restaurant network, has revealed improved turnover and profits, together with ambitious growth plans, as it bounces back from Covid restrictions. The group, which serves over 10,000 diners per week across 13 sites in the UK and Ireland, r

WL Gore and Associates, a Dundee-based company that manufactures cables for use in space, has reported profits of over £10 million for the fiscal year ending March 2022. The company, which is located at the Dundee Technology Park and also has a facility in Livingston, experienced strong growth

Edinburgh-based investment syndicate Archangels invested a total of £13.4 million in 11 early-stage tech and life science companies in Scotland in 2022. The total investment for 2022 among 11 businesses marks a 14% increase on Archangels’ investment activity in 2021 (11.8m).