Bane Capital Private Equity has signalled it is evaluating a possible takeover offer for Craneware, the Edinburgh-headquartered software company specialising in solutions for the US healthcare market. The announcement has fuelled speculation about rival bids and caused an over 10% surge in Craneware
Mergers & Acquisitions
UK real estate investment firm Praxis has completed the acquisition of Glasgow's St Enoch Shopping Centre, in a deal estimated to be worth £50m. The 12-acre site occupies a prime location at the intersection of Buchanan Street and Argyle Street, adjacent to Glasgow Central Train Station. The s
Burness Paull acted as lead UK legal advisers to K-Bro Linen Systems on its £107.2 million acquisition of Star Mayan. K-Bro, an international owner and operator of laundry and linen processing facilities already has a strong UK presence through its Fishers and Shortridge businesses, and
Credit ratings can act as a significant restraint on the risky behaviours often associated with overconfident chief executives, new research has revealed. Researchers led by Bangor University in Wales and other institutions including Heriot-Watt University, The University of Aberdeen, and Vlerick Bu
Scottish law firms Wright, Johnston & Mackenzie LLP (WJM) and Davidson Chalmers Stewart have announced the completion of a historic merger. The combined firm has a headcount of over 200, including 46 partners, working across Glasgow, Edinburgh, Inverness, Dunblane and Galashiels – supporte
Scottish accountancy firm EQ Accountants, part of the Sumer Group, has merged with Edinburgh-based McDonald Gordon & Co, marking EQ's third acquisition in the past year and is a key step in its strategy to triple turnover from £11 million to £30m within four years. The merger signifi
Glasgow-based KubeNet, an internet service provider and managed IT specialist, has acquired Aberdeen company ISN Solutions Group. This acquisition, finalised on 4 April, represents a key step in KubeNet's ongoing expansion strategy, which combines organic growth with targeted acquisitions, boosted b
PDG Aviation Services (PDG), an Inverness-headquartered provider of manned aerial solutions for critical infrastructure, has acquired drone specialist Team UAV. Backed by LDC, PDG supports sectors including power, utilities, and rail with aerial surveys, inspections, and lifting.
Cleartech Group has acquired Wigan-based ECB (Water Solutions) Limited, advised by Consilium Chartered Accountants who provided lead advisory and tax due diligence services. The deal – Cleartech’s first acquisition outside of Scotland – significantly strengthens their geographical
In a strategic move to enhance global procurement solutions, Grandholm Production Services has acquired Aberdeen-based RSD Supplies & Services in a six-figure deal. RSD was formed in 1999 as a one stop solution to source and supply a wide range of essential high-volume products, including genera
Scotland-founded AAB Group's financial planning division, AAB Wealth, has acquired prominent London-based firm Magus Wealth as part of its ongoing strategic growth. This marks AAB's first wealth acquisition in the capital, significantly expanding its footprint in London and the South-east.
The number of Scottish companies entering administration remained relatively stable in the first quarter of 2025, according to analysis by Interpath. Data from Companies House showed 14 administrations between January and March, broadly consistent with the 12 cases in Q1 2024 and 15 in Q4 2024. UK-w
Financial mutual Scottish Friendly has agreed a deal to acquire pension and annuity in payment books of business from Fidelity International. The acquisition consists of a block of unit-linked Section 32 pensions business comprising £2.16 billion assets under management (AUM) across 76 origina
Consilium Chartered Accountants has provided full lead advisory services to PJs Foods Limited in its sale to Tiffin Sandwiches. Glasgow-based PJs Foods (PJ) was established in 1996 and provides food-to-go products including sandwiches, pasta bowls, and salad bowls. The firm is a leading supplier to
Perthshire-based waste management firm Binn Group has acquired R Finnie Skip Hire of Inverness, significantly strengthening its operational footprint in the north of Scotland and the Highlands. R Finnie Skip Hire brings 17 experienced team members into the Binn Group family, adding to its existing w