Park Property Management has acquired the residential factoring division of Lorimer Property Group based in East Kilbride. The acquisition is part of Park PM’s strategic growth plan and brings the value of assets in its estate to over £1 billion under management, creating one of Scotland
Mergers & Acquisitions
Dundee-headquartered Alliance Trust PLC and Witan Investment Trust plc have announced they are merging to create Alliance Witan PLC. This move follows Witan CEO Andrew Bell's retirement and a strategic review of its investment management by the board of Witan. The merged entity will have £
Glasgow-based signage company Prosigns has acquired East Kilbride signage and graphics company Centurion Signs, for an undisclosed sum.
Dundee-based tech firm Waracle has agreed to acquire Screenmedia, a Glasgow-based design and software engineering agency, for an undisclosed sum. With its expertise in mobile app, digital product development and artificial intelligence, the acquisition pairs the 145-strong team at Waracle &ndas
UK investment platform Hargreaves Lansdown has confirmed it is prepared to recommend a £5.4 billion takeover offer from a private equity consortium led by CVC Capital Partners. The deal, valuing the company at £11.40 per share, comes after several rejected approaches and a turbulent peri
Grouse Lettings, a residential property management and leasing business, has expanded its property portfolio by 295% following two acquisitions. The Aberdeen firm has acquired Babs Buglass Leasing and the long-term lettings side of the PMC Property business. The combined valued of the deals is six-f
Livingston-based Workflo Solutions has expanded its geographical reach and service offerings with the acquisition of MacD IT. Bathgate-based MacD IT's owner, Alastair MacDonald, will join Workflo Solutions as head of IT sales, ensuring continuity of service for existing clients. The merger will give
Inverness-based investment group GEG Capital has acquired a stake in architectural practice Bracewell Stirling Consulting. The addition of this award-winning consultancy will bolster GEG Capital's existing portfolio of planning, design, environment, and construction capabilities across Scotland and
Scottish accountancy firm Condies, which has offices in Dunfermline, Edinburgh, and Dundee, has been acquired by Dains Group. The move strengthens Dains Group's compliance and advisory services across Scotland, further building on the group's acquisition of William Duncan + Co in 2022 (now Dains Sco
Scotland-based high-hazard industries learning provider 3t has acquired US safety-critical training company ALL STOP! for an undisclosed sum. The strategic move combines 3t's technological expertise with ALL STOP!'s practical training, enhancing their offering in the US market.
Dumfriesshire-based Browns Food Group has invested a multi-million pound sum in AK Stoddart, creating Scotland's largest privately-owned meat business with a combined turnover of £300 million. This move will boost processing capacity and exports, with the new entity aiming for a £500m tu
UK energy engineering solutions provider BRUSH Group has acquired Scottish mechanical and electrical building services and sustainability consultancy Rybka. The acquisition expands the Loughborough firm’s portfolio of services to include mechanical and electrical consulting engineering, BIM, b
UK energy and utility contractor OCU Group has acquired RJ McLeod (Contractors) Limited, a Scottish civil engineering firm, for an undisclosed sum.
Aberdeen's renowned five-star Marcliffe Hotel and Spa is set to change hands in a multi-million deal from the Spence family to engineering and property company Balmoral Group. The sale, expected to complete in late June, will see Balmoral Group retain existing staff and honour all current booki
Angus-based textile firm Wilkie has acquired Bradford Industries' factory in Lowell, Massachusetts, for an undisclosed sum. The move expands Wilkie's American presence, adding 25 employees and £6.25 million in revenue. The Scottish business, operating since 1868, specializes in industrial text

