Fife-based supplier of artificial flowers and home accessories, Scottish Everlastings, has been acquired by entrepreneur Edd Salter in a deal supported by a £2.3 million funding package from HSBC UK.
Mergers & Acquisitions
A Glasgow-based construction skills provider has been sold for more than £2.2 million, almost £400,000 above its original valuation. The deal was secured following a competitive sale process led by M&A advisory and business finance firm Hilton Smythe.
Edinburgh-founded investment firm Par Equity has announced it will be merging with Manchester-based Praetura Ventures creating a new venture capital firm named PXN Group with over £670 million in assets under management (AUM). As a combined entity, PXN Group will be the fastest-growing venture
Aberdeen-based Visas2, a newly established company in the global mobility sector, has strengthened its market entry through the strategic acquisition of London-based Visa Group. The move combines proven industry expertise with technological innovation, bringing together Neil Thomson – founder
Two of Scotland’s machinery rings, Laurencekirk-based Ringlink (Scotland) Ltd and Inverness-based Highland Business Services Ltd (HBS), have announced their intention to merge, forming a single cooperative with a combined membership of over 4,000 and an annual turnover of £100 mil
Cardo Group has signed an agreement to take over the operations of Livingston-based SERS Energy Solutions Group Limited and SERS Energy Solutions (Scotland) Limited across England, Wales, and Scotland. The integration of SERS into Cardo Group will enhance in-house service delivery capabilities, ensu
Caledonian Leisure, operator of Caledonian Travel and UKBreakaways, has acquired the 63-bedroom Dreadnought Hotel in Callander, famously known as the Gateway to the Highlands.
Aurora has acquired Encomara, a specialist in floating wind deployment systems and subsea engineering, signalling a significant investment to support the commercialisation of Encomara's flagship SQUID mooring connection technology. Aurora Energy Services CEO, Doug Duguid, said: “Encomara&rsquo
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
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
