Mergers & Acquisitions

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Coventry Building Society has reached an agreement for a potential acquisition of The Co-operative Bank. The deal, valued at up to £780 million, follows exclusive talks between the two entities since mid-December. Pending definitive agreements, the acquisition is poised to reshape both institu

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In a significant expansion, two Borders accountancy firms, Hogg & Thorburn and JRW, have formally merged. Having taken effect on 6 April 2024, the amalgamation forms JRW Hogg & Thorburn, marking a milestone in the histories of these long-established firms.

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EQ Accountants has announced its merger with Douglas Home & Co. Part of EQ's expansion plan to triple its turnover in the next five years, the alliance will see the firm's office count increase to 10 locations across Scotland and Northern England, with a combined workforce of 210 professionals.

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Edinburgh-based Professional services and consulting businesses Visiativ UK has acquired Solid Apps, a specialist in 3D CAD and data management solutions for the SOLIDWORKS range of products, for an undisclosed sum. Solid Apps was founded by its managing director Chris Hill in Oldbury, near Birmingh

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Ayrshire-headquartered Edison Capital, a rapidly expanding conglomerate with interests in property, construction, hospitality and leisure, has acquired quick service restaurant (QSR) concept business, Burrito Picante, in an all-cash deal.

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Carruthers Gemmill, a family-based law firm with a legacy spanning over 150 years, will become part of BTO Solicitors LLP next month. Under the new arrangement, senior partner Tommy Gemmill, the fifth generation of the Gemmill family, and partner Stephen Watt, will join BTO as consultants in BTO&rsq

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Macfarlane Group has announced the acquisition of Allpack Packaging Supplies Limited in a cash deal worth up to £3.25 million. The earnings-enhancing move furthers the company's strategy to grow its protective packaging business through organic and acquisitive means.

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Supplier of industrial and engineering products Troy has strengthened its presence in Scotland through the acquisition of Scott Direct Group, a family-run firm based in Grangemouth. The deal marks Troy's 19th acquisition and second since receiving multi-million-pound investment from BGF last year. I

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Property firm Lomond Group, which has completed over fifty acquisitions since 2021, continued its expansion in Scotland with the acquisition of Tay Letting. The firm, which has offices in Glasgow, Dundee, and Edinburgh, will become part of the DJ Alexander brand and substantially increase the f

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