Mergers & Acquisitions

Coventry Building Society's acquisition of the Co-operative Bank has been approved by regulators, paving the way for the creation of a major banking force with combined assets of £89 billion. The £780 million deal, announced in May, will see the Co-op Bank return to its roots as a mutual

Scottish debt recovery firm BPO Collections has been provided a £3.3 million loan from OakNorth to acquire CCS Collect. Ayrshire-headquartered BPO Collections, which is a wholly owned subsidiary of Canadian-based Everyday People Financial Corp, was founded by Graham Rankin in 2006. The fi

Edinburgh-based advertising agency Yatter has been acquired by ecommerce specialist Velstar just three years after formation, for an undisclosed sum. The company has enjoyed consistent growth since starting out in 2021, currently managing over £10 million in annual client ad spend.

Canadian investment firm Avialliance is set to acquire AGS Airports, owner of Glasgow, Aberdeen, and Southampton airports, in a deal worth approximately £1.53 billion. Avialliance, the airports platform of Public Sector Pension Investment Board (PSP Investments), will take over from the Ferrov

Newton Property Management has acquired Aberdeen Property Leasing’s (APL) block factoring portfolio. At the start of October, APL transferred all common management responsibilities for 1,400 factored properties to Newton. The deal followed APL’s decision to focus on their core letting se

RMT Accountants & Business Advisors, a member of the Sumer Group, has acquired specialist restructuring practice KSA Group, which has offices in Edinburgh and Berwick, for an undisclosed sum. The KSA Group specialises in pre-insolvency solutions and works with the directors and owners of struggl

Macdonald Henderson has announced the acquisition of Ferguson Whyte Solicitors. Ferguson Whyte is one of the longest established firms of solicitors in the west end of Glasgow, offering a wide range of private client and property services to individuals, couples and families.

Aberdeen-based Glacier Energy has acquired Advanced Group Services Limited (AGS), an independent heat transfer company, based in Tyne & Wear. The acquisition will enable Glacier Energy to establish a mechanical solutions hub in the North-East of England, supporting the company increase its prese

Motherwell-based fire, security and critical services company, Secureshield has been acquired by England-based Ranger Fire and Security.

Faskally Caravan Park, which has been under the stewardship of the Hay family for the last seven decades, has been sold to Wood Leisure, extending its portfolio to six high quality holiday parks in central Scotland.

AAB has again has retained its position as top financial adviser in Scotland with 20 deals, according to the latest Experian M&A rankings.

Growth capital investor BGF has completed a successful exit from Aberdeenshire-headquartered Keenan Recycling.

Westhill-based construction firm CHAP Group (Aberdeen) Ltd is expanding its civil engineering operations with the agreement to acquire A&A Civils Limited. The acquisition is expected to help boost CHAP’s annual revenues to over £80 million.

Foodservice provider Sysco GB has acquired Scottish meat and fish supplier Campbell's Prime Meat.

Scottish piling and drilling specialist Albion Drilling has been acquired by the UK's largest ground engineering contractor Van Elle in a deal worth up to 3.5 million.