Mergers & Acquisitions

Frasers Group, owned by billionaire Mike Ashley, has acquired Dundee's Overgate Shopping Centre in a deal estimated to be worth £30 million.

Cenkos Securities and finnCap have announced a 50-50 all-share merger worth £43 million, creating the UK's largest investment bank focused on smallcap growth companies. While Cenkos is the only institutional stockbroker with a full-service office in Scotland, finnCap has no physical presence n

Lindsays has today announced a merger with legal practice Miller Hendry. The deal, which will take effect on May 30, will see Miller Hendry partners and staff transfer to Lindsays.

Prax Exploration & Production has reached an agreement to acquire North Sea oil firm Hurricane Energy in a deal worth £249 million.

Blantyre Capital and partner Fairtree Hotel Investments have aquired Scotland's Crerar Hotel Group for an undisclosed sum. Crerar's portfolio of hotels, consisting of seven four- and five-star hotels, will form a key part of the new owners’ plans to build a luxury UK hotel portfolio.

Advanta Solutions has acquired M W Wealth Management Ltd, a Hertford based advice firm for an undisclosed sum. With offices in London, Glasgow, and Dundee, this is Advanta’s sixth acquisition in the last 18 months and adds a further £65 million AUM to Advanta’s stewardship.

Gilson Gray Financial Management (GGFM), the financial planning arm of law firm Gilson Gray, has acquired Edinburgh-based bespoke practice, Sarah Hughes Wealth Management. The latest acquisition by GGFM takes its total assets under management to nearly £500 million – a 40% increase in 12

Glasgow-based N4 Partners has sold its stake in global gear systems specialist, David Brown Santasalo (DBS), to Stellex Capital Management LLC (Stellex), a US private equity firm focused on investments in North America and Europe, for an undisclosed sum. David Brown Santasalo is a global business de

Gilson Gray has acquired The Law Practice in a move which will see the business expand its offering in Aberdeen. Owner of The Law Practice, Lesley McKnight, and her team, will join Gilson Gray at its Blenheim Place offices.

Macfarlane Group has acquired Suttons Performance Packaging, a specialist protective packaging manufacturing business based in Cambridgeshire, in a £9.0 million deal. This earnings accretive acquisition follows Macfarlane’s ‘buy and build’ strategy in delivering further stake

Construction firm RSK has acquired Richard Irvin FM, a Stirling-based technical facilities management and energy solutions company, for an undisclosed sum.

Allied Surveyors Scotland has acquired the business and goodwill interests of Edinburgh Commercial Property (ECP) for an undisclosed sum. Leith-based ECP, which has been led by founder and owner Scott Mitchell for over 25 years, will now transfer its staff to Allied Surveyors’ commercial agenc

An agreement has been reached by LGT, the international private banking and asset management group owned by the Princely Family of Liechtenstein, to acquire abrdn's discretionary fund management business in the UK and Jersey for £140 million. The transaction involves approximately £6.1 b

M&A volume in Scotland last year rose by 10.7% to 446 announced deals, up from 403 in 2021, with a total deal value of £24.8 billion, the latest Experian United Kingdom and Republic of Ireland M&A Review shows. The value of deals was 22% higher than the previous year.

Financial advice and fund management group One Four Nine has acquired McCrea Financial Services. McCrea Financial Services is an established full suite planning firm led by Douglas McCrea servicing individual and corporate clients throughout the UK primarily across the West of Scotland.