Business

Asset and wealth management firm AssetCo, run by Martin Gilbert, has announced that it has reached an agreement to acquire the entire issued share capital of Edinburgh-based fund management business SVM Asset Management Holdings Limited for £10.7 million. The consideration will be satisfied by

STV is currently on track to exceed its £40 million Studios revenue target for 2023, signalling a 7% increase for the broadcaster. The news came as STV Studios and Tod Productions announced that they have won an 8-part scripted series "Criminal Record" for Apple TV. The broadcaster said that t

Scottish entrepreneur Dr. Suelynn Tan-Stroud has fulfilled her ambitions and acquired her first dental practice thanks to a six-figure funding package from Bank of Scotland. Dr. Suelynn Tan-Stroud is a dental practitioner based in Midlothian. She graduated in 2012 from the University of Dundee and h

The Scottish investment sector is paying between 15-20% more in retention salaries just to keep hold of staff working in specialist finance and client services roles, according to recruitment firm Core-Asset Consulting. Staff working in areas such as tax and audit, Socially Responsible Investment, E

M&D Green Group, an independent, family-owned Glasgow-based pharmacy group has secured eight-figure funding from HSBC UK to support its ambitious acquisition strategy. The Glasgow-headquartered group has secured an eight-figure credit facility from HSBC UK to enable the business to make five str

Eyemouth-based riding centre, Eat, Sleep, Ride Community Interest Company (CIC), has secured £55,000 in funding from Social Investment Scotland (SIS) to help to make the centre more environmentally friendly. The funding package will be used by the centre to invest in eco-friendly equestrian su

KPMG UK has announced its alliance with Alteryx, the analytics automation company, as part of the firm’s continued technology strategy to invest in technology to automate the firm’s solutions and help clients accelerate data-driven business transformations. KPMG and Alteryx will combine

Burness Paull has been named the top-performing legal dealmaker in Scotland for the sixth time, topping the Business Insider deals table for 2021. In the tables published this week the firm led the market, having advised on 358 deals.

Simply Asset Finance has opened its first Scottish office at Eurocentral in North Lanarkshire.  Located between Glasgow and Edinburgh, Eurocentral is one of Scotland’s leading industrial and logistics hubs. The new Scottish office allows the Simply sales team to better service SMEs throug

Storskogen, a Swedish group that acquires and operates well-managed and profitable small and medium-sized companies, has made its first acquisition in Scotland with the purchase of 80% of the shares in J&D Pierce (Contracts) Ltd. The specialist in fabrication and site erection of structural

Forfar-based vehicle lift manufacturers Access XL has secured a £1.45 million asset-based lending (ABL) facility from Independent Growth Finance (IGF).

Asset and wealth management firm AssetCo has posted its 2022 half year report revealing revenues of £1.3 million. For the six months ended 31 March 2022, the firm announced a loss before taxation of £2.6m, compared to a profit of £22.3m for the same period in 2021, which AssetCo sa

Par Equity, the Edinburgh venture capital firm, capped off a successful year by supporting 12 high growth technology companies in the first quarter of 2022 with record investments of £31.4 million.  The investments made over the past year signal an 83% increase on £17.2m in the prev

Education innovator Dr Rashmi Mantri was presented with business achievement honour at the Inspiring Indian Women (IIW) She Inspires awards held at the Houses of Parliament. Born in India and settled in Glasgow, Dr Rashmi Mantri is a multi-business manager, IT specialist and educator with a PhD in c

Dundee-based cloud computing company iomart Group has posted its full year results for the year ended 31 March 2022, revealing an 8% decline in revenue from £111.9 million to £103m. However, the firm stressed that it continues to "benefit from a robust business model delivering