Pastdue Credit Solutions Limited, Glasgow

Date of deal: 11/12/2025

Sale of the entire issued share capital of Pastdue Credit Solutions Limited to Firstsource Solutions UK Limited.

Business Services

Legal Advisors Macdonald Henderson – Vendors / Khaitan Co (India) - Buyer
Accountants Bell Barr & Co - Vendors

Faskin Group Ltd, Glasgow

Date of deal: 19/12/2025

Advising the shareholders of the Faskin Group, the roofing solutions provider, on the sale of the company to Cardo Group, the UK provider of housing repair and maintenance services.

Construction

Legal Advisors Macdonald Henderson – Sellers / Knights plc – Purchaser
Accountants Russell + Russell accounting/tax advisors - Sellers
Other Advisors KBS Corporate (Deal Initiator)

Andrew Innes Plumbing & Heating Limited, East Lothian

Date of deal: 22/12/2025

The acquisition of the entire issued share capital of Andrew Innes Plumbing & Heating Limited by Platinum (Scotland Plumbing) Limited.

Construction

Legal Advisors Morton Fraser MacRoberts LLP(P), Anderson Strathern (V)

Eastern Western Motor Group Limited, Broxburn

Date of deal: 31/10/2025

Acquisition of the goodwill and certain assets of the Audi dealerships operated in Edinburgh and Stirling by Lomond Motors (East) Limited (part of the Lookers Motor Group). Deal Team: Anna Brown, Ross Hampsey, Kelly Brown (Employment) and Eva Kenny (Corporate).

Transport

Legal Advisors Addleshaw Goddard

Millennium Ground Works Ltd, Glasgow

Date of deal: 31/10/2025

Sale of Millennium Ground Works Ltd to an Employee Ownership Trust.

Construction

Legal Advisors Grant Thornton
Corporate Finance Grant Thornton

The Scottish National Investment Bank, Edinburgh

Date of deal: 14/11/2025

Investment in the Pentland Floating Offshore Wind Project alongside GB Energy and National Wealth Fund.

Renewables

Legal Advisors Grant Thornton

Par Equity Holdings Limited, Edinburgh

Date of deal: 24/10/2025

The merger of Par Equity and Praetura Ventures to create PXN Group, which was implemented through the acquisition by PXN Group Limited, a newco established for the purposes of the transaction, of the entire issued share capital of Par Equity Holdings Limited and Praetura Ventures Holding Ltd. Deal Team: David Anderson, James Woodward, Jordan Kerr, David Hughes, Heather Gibson, Matthew West, Nathaniel Raphael, Marshall, Carrie Armstrong.

Other - Technology

Legal Advisors Addleshaw Goddard advised Par Equity LLP, Andrew Sean Castell, Paul Munn, Paul Atkinson, Robert David Higginson and Andrew Iain Brunel Noble

Optima Partners Limited, Edinburgh

Date of deal: 22/11/2025

Sale of Optima Partners and rollover investment into newco backed by GCP. Deal Team: Laura Falls, Maeve Wright, Ross Hempsey.

Software

Legal Advisors Addleshaw Goddard advised Chris Foley, Edward Knight and Andrew Campbell

Titan Energies, Aberdeen

Date of deal: 04/11/2025

Acquisition by Titan of horizontal test-bed structure, capable of delivering push or pull forces to 500T and Gardner Denver PZ9 Flow Loop, a flow loop capable of delivering high-volume low at high pressure; together with any manuals and user guides (the Equipment). The purpose of the Equipment is to test a customer's tools, pipes and other offshore equipment in "field-like" conditions. Deal Team: David McEwing, Connor Knowles.

Renewables

Legal Advisors Addleshaw Goddard

McArthur Renton Letting Ltd, Erskine

Date of deal: 26/11/2025

Sale of McArthur Renton Letting Ltd to The Paisley Property Letting Centre Limited.

Business Services

Legal Advisors Macdonald Henderson – Vendor / MSM Law - Purchaser

CSD Air Conditioning Limited, Clydebank

Date of deal: 28/11/2025

Sale of CSD Air Conditioning Limited to Nordic Climate Group UK Limited.

Manufacturing

Legal Advisors Macdonald Henderson – Vendors / Stephenson Harwood - Purchaser
Accountants Vendors –B-Able (accountancy and tax); / Purchaser – Tax Advisory Partnership (tax)

KJK (Scot) Ltd, Glasgow

Date of deal: 09/10/2025

Sale of the entire issued share capital of KJK (Scot) Ltd along with its subsidiary The Honeypot Childrens Nursery Limited.

Retail

Legal Advisors Bellwether Green Limited (v) Harper Macleod (lender)

Clyde Property Limited, Glasgow

Date of deal: 03/10/2025

Purchase of the entire issued share capital of Cathedral City Estates Limited.

Construction

Legal Advisors Bellwether Green Limited (p), Kerr Stirling LLP (v)
Corporate Finance AAB (p)

Thistle Healthcare Limited, Glasgow

Date of deal: 01/06/2025

Acquisition of Thistle Healthcare Limited by Enhance Healthcare Holdings Limited - both entities operating in the healthcare sector, running care-homes.

HealthTech

Legal Advisors Burness Paull (P), DWF (V)
Accountants AAB (P), WBG (V)

Forrester Moon Limited (Holdco of Rysine Joinery Limited), Glasgow

Date of deal: 01/06/2025

Acquisition of majority shareholding in Forrester Moon Limited by FSC Doors Limited.

Construction

Legal Advisors Harper Mcleod (V)

Weatherproofing Advisors Ltd, Glasgow

Date of deal: 25/06/2025

Acquisition of Weatherproofing Advisors Ltd by The Denholm Group.

Construction

Legal Advisors Morton Fraser MacRoberts (V), Burness Paull (P)
Accountants AAB (V), Johnston Carmichael (P)

Esk Glazing Ltd, Abroath

Date of deal: 01/09/2025

Acquisition of majority shareholding in Esk Glazing Ltd by Nordan UK Ltd.

Manufacturing

Legal Advisors MFMac (P)
Accountants AAB (P)

ComCab Aberdeen, Aberdeen

Date of deal: 01/10/2025

Acquisition of ComCab Aberdeen by Rainbow Cars Limited.

Transport

Legal Advisors Shepherd & Wedderburn (P)
Accountants AAB (P)

Blackburn Health Limited, Glasgow

Date of deal: 30/09/2025

Transaction involving Blackburn Health Holdings Limited (P) and Blackburn Health Limited (V).

Retail

Legal Advisors Thorntons (P), MCM (V)
Accountants AAB (P), Robb Ferguson (V)

JF Health Holdings Limited, Glasgow

Date of deal: 30/09/2025

Transaction involving JF Health Holdings Limited (P) and JF Health Limited (V), within the pharmaceuticals sector.

Retail

Legal Advisors Thorntons (P), MCM (V)
Accountants Robb Ferguson (V), AAB and Azets (V)

Duncans of Deeside Limited, Aberdeen

Date of deal: 01/02/2025

Acquisition of Duncans of Deeside Limited by Deans of Huntly Limited.

Food & Drink

Legal Advisors Burness Paull (P)
Accountants JCCA (V), AAB (P)
Corporate Finance AAB

Alpha Projects (Scotland) Ltd, Dundee

Date of deal: 14/11/2025

Implementation of EOT and Sale of Shares to EOT.

Construction

Legal Advisors Gilson Gray LLP
Accountants EQ Accountants

Signz Hold Co Limited, Aberdeen

Date of deal: 03/11/2025

Purchase of the entire share capital of Henderson & Dick Designs Limited.

Manufacturing

Legal Advisors Bellwether Green Limited (p) Aberdein Considine (v)
Corporate Finance DC Consulting Limited (p)
Investors / Lenders Bibby Financial Services (UK) Limited (P)

The Harbro Group Limited, Turriff

Date of deal: 01/01/2025

Investment round in Harbro Group Limited by Covenant Capital.

Software

Legal Advisors Burness Paull (V), MFAC (P)
Accountants AAB (V), Deloitte (P)
Corporate Finance AAB (V)

Eureka Solution (Scotland) Limited, Kilmarnock

Date of deal: 01/11/2025

Sale of entire issued share capital of Eureka Solutions Group, advised by Bellwether Green Limited.

Software

Legal Advisors Bellwether Green Limited (v) DLA Piper LLP (p)
Accountants Consilium charted Accountants (v)

JM Holdco Limited, Edinburgh

Date of deal: 31/10/2025

Provided legal advice to jmarchitects in connection with their transition to employee ownership, specifically an Employee Ownership Trust (EOT).

Business Services

Legal Advisors Lindsays LLP
Accountants Reference Point
Other Advisors Carole Leslie

Strategem (Scotland) Ltd, Glasgow

Date of deal: 11/09/2025

Sale of entire share capital of Strategem (Scotland) Ltd by TBH Ventures

Business Services

Legal Advisors Lindsays LLP (V), Shepherd and Wedderburn (P)
Accountants Clarity Accounting

Hendry Estates Ltd, Kelso

Date of deal: 06/05/2025

Lindsays provided legal advice on the purchase of the entire share capital of Springwood Village Limited, a retirement village by Kelso, from individual sellers with funding from HSBC.

Construction

Legal Advisors Lindsays LLP (P), MFMac (V), TLT (Funder)
Accountants Champion
Investors / Lenders HSBC (lender to Hendry Estates)

ABZ Business Park, Aberdeen

Date of deal: 12/05/2025

Purchase of ABZ Business Park, Aberdeen for La Francaise REM and their LF UK Urban Logistics SCI fund. The property comprises c. 39,000 sq. ft. across a 15 unit multi-let business park beside Aberdeen Airport. The total rent roll totals c. £500k pa, and benefits from high spec units along with a sustainably rated EPC A.

Construction

Legal Advisors Lindsays LLP (P), Dickson Minto (V)
Other Advisors CBRE, Ryden. Welbeck Real Estate Advisers; Savills

Matugga Beverages Limited, Edinburgh

Date of deal: 19/09/2025

Investment by Tony Hackney and conversion of debt into equity in order to finance capital requirements.

Food & Drink

Legal Advisors Burges Salmon (for the Target Company)

AW1 Storage Holdings Limited, Edinburgh

Date of deal: 04/08/2025

Investment by BESS Investment UK Limited into AW1 Storage Holdings Limited to support the construction of a 240MWh battery storage facility.

Renewables

Legal Advisors Burges Salmon (for the Investee), Shepherd & Wedderburn (for the Investor)
Corporate Finance Elgar Middleton (corporate finance advisors for the Investee company)

Vergia AS, Edinburgh

Date of deal: 07/07/2025

Investment by Vergia AS into FZE HoldCo Ltd to further develop green hydrogen production projects in the UK.

Renewables

Legal Advisors Burges Salmon (for the Investor), Shepherd and Wedderburn (for the Investee)
Accountants KPMG (acting for Vergia on tax point)

Tilhill Forestry Limited, Stirling

Date of deal: 29/08/2025

Acquisition of assets of duffy skylining.

Agriculture

Legal Advisors Burges Salmon (for the Buyer), Burness Paul (for the Seller)
Accountants Johnston Carmichael (tax advisors for the Seller)

Atlantis Medicare (Bridgeness) Limited, Bo'ness

Date of deal: 22/10/2025

BTO acted for the Sellers in relation to the sale of the entire issued share capital of Atlantis Medicare (Bridgeness) Limited, the operator of Bo'ness residential care home, to Sensinom Ltd.

Other - Technology

Legal Advisors Thorntons (for Buyer)

Red Mosquito Limited, Glasgow

Date of deal: 01/09/2025

BTO acted for the Sellers, in relation to the sale of the entire issued share capital in Red Mosquito Limited, a technology company providing IT services, cloud solutions and cyber security, to Redsquid Communications Ltd.

IT

Legal Advisors Herrington Carmichael LLP (for the Buyer)

Stewart IFA Limited, Renfrewshire

Date of deal: 12/09/2025

BTO acted for the Sellers, in relation to the sale of the entire issued share capital in Stewart IFA Limited, a financial advice firm, to Create Financial Solutions Limited.

Retail

Legal Advisors Sandison Kennedy (for the Buyer)

G & L Marshall Ltd, Huntly

Date of deal: 04/09/2025

We advised in the transfer of the business and assets in G & L Marshall to a new company, G & L Marshall Ltd.

Transport

Legal Advisors Harper Macleod LLP

R W Innes & Co, Wick

Date of deal: 01/08/2025

We advised and assisted Ronald Innes with the conversion of his sole trader business to a limited partnership (R W Innes & Co), including the transfer of business assets.

Agriculture

Legal Advisors Harper Macleod LLP

Pack34 Limited, Dundee

Date of deal: 16/09/2025

Mikani Flex Limited acquired the entire issued share capital of Discovery Flexibles Limited, a flexible packaging supplier in Dundee from Jimmy Urquhart.

Retail

Legal Advisors Harper Macleod LLP (acting for the buyer), Davidson Chalmers Stewart (acting for the seller)

Innovatium Ltd, Glasgow

Date of deal: 11/07/2025

Investment by the Scottish National Investment Bank and Hitachi in the company (in which Scottish Enterprise is an existing shareholder) to accelerate the deployment of the company’s award winning systems for industrial and grid scale applications.

Other - Technology

Legal Advisors Brodies (V); MBM Commercial (V); DWF (P)

All Terrain All Electric Ltd (t/a Munro-EV), Glasgow

Date of deal: 05/08/2025

Investment round and CLN conversion into electric 4X4 manufacturer Munro EV led by Elbow Beach and supported by Scottish Enterprise.

Manufacturing

Legal Advisors MBM Commercial LLP Legal Advisor to All Terrain All Electric Ltd (t/a Munro-EV). Brodies LLP Legal Advisor to Scottish Enterprise. Mackrell LLP Legal Advisor to Elbow Beach
Investors / Lenders Elbow Beach, Scottish Enterprise

Inverness Caledonian Thistle FC, Inverness

Date of deal: 05/06/2025

Sale of Inverness Caledonian Thistle FC.

Business Services

Legal Advisors TLT
Corporate Finance BDO LLP

Levenseat Waste Management, Lanark

Date of deal: 01/03/2025

Sale of Levenseat out of administration.

Business Services

Legal Advisors Burness Paull
Corporate Finance BDO LLP

John Clark (Holdings) Limited, Aberdeen

Date of deal: 02/10/2025

Acquisition of Hawco & Sons Limited by John Clark (Holdings) Limited.

Retail

Legal Advisors Burness Paull

Liftango Group Ltd, Edinburgh

Date of deal: 04/04/2025

Liftango Group Ltd, a portfolio company of Maven Capital Partners, completed a Series A funding round led by Octopus Ventures.

Other - Technology

Legal Advisors BDO LLP

Aliter Capital LLP, Glasgow

Date of deal: 03/09/2025

Aliter Capital backed legal services group, BBS Law, completes investment in Carter Bond.

Business Services

Legal Advisors Browne Jacobson
Investors / Lenders Aliter Capital

BPD Global Limited, Glasgow

Date of deal: 05/06/2025

BPD Global acquired ZNAPZ.

Other - Technology

Legal Advisors Bird & Bird
Investors / Lenders Galanthus Partners

St Enoch Centre Unit Trust, Glasgow

Date of deal: 13/05/2025

Praxis Real Estate acquired St Enoch Centre Unit Trust.

Construction

Legal Advisors BDO LLP

Brightsolid Online Technology Limited, Dundee

Date of deal: 28/04/2025

Brightsolid acquired Gateshead-based IT solutions provider Synergi.

IT

Legal Advisors Burness Paull

Fleet Alliance, Glasgow

Date of deal: 04/06/2025

Global Vehicle Group acquires Glasgow's Fleet Alliance.

Transport

Legal Advisors BDO LLP

Saltire Facilities Management Limited, Glasgow

Date of deal: 31/07/2025

Sale of Saltire Facilities Management Ltd to Daikin Industries Ltd.

Business Services

Legal Advisors BDO LLP
Corporate Finance BDO LLP

AG Barr, Glasgow

Date of deal: 30/06/2025

Sale of a majority stake in Innate-Essence to AG Barr Plc.

Food & Drink

Legal Advisors BDO LLP
Corporate Finance BDO LLP

Denovo Intelligent Solutions Limited, Glasgow

Date of deal: 31/03/2025

Denovo Business Intelligence on its sale to LEAP Legal Software.

Other - Technology

Legal Advisors BDO LLP
Corporate Finance BDO LLP

Blackford Insurance, Glasgow

Date of deal: 31/01/2025

Blackford Group has been acquired by Partners.

Business Services

Legal Advisors BDO LLP
Corporate Finance BDO LLP

Graham + Sibbald, Dundee

Date of deal: 30/08/2025

Investment in Graham + Sibbald by Foresight Group.

Business Services

Legal Advisors Burness Paull (V) and Addleshaw Goddard (P)
Corporate Finance EY Parthenon (V)
Investors / Lenders Foresight Group (equity) and Barclays (debt)

Denholm Energy Services, Glasgow

Date of deal: 07/04/2025

Denholm Energy Services has acquired Glasgow-based weld clad overlay specialists, Glacier Welding Solutions.

Manufacturing

Legal Advisors BDO LLP

Aberdeen Financial Planning, Glasgow

Date of deal: 20/08/2025

Aberdeen sells financial planning business to Ascot Lloyd.

Business Services

Legal Advisors Pinsent Masons
Accountants Dyer Baade

Scottish Highland Properties, Inverness

Date of deal: 26/09/2025

Sale of the Business and certain Assets of Scottish Highland Properties.

Business Services

Legal Advisors Bellwether Green Limited (v) Wright, Johnston & Mackenzie LLP (p)

Innovatium Ltd, East Kilbride

Date of deal: 11/07/2025

Equity investment into Innovatium Ltd, via Scottish National Investment Bank, with co-investment from Hitachi Industrial Equipment Systems (HIES). Innovatium has developed a patent-protected industry-scale LAES solution capable of significantly increasing site energy efficiencies. Funding provided will support commercial scale-up and development of grid-scale solutions.

Other - Technology

Legal Advisors DWF (for the Bank), MBM (for the Company)
Investors / Lenders SNIB and HIES

Graham + Sibbald Property Consultants Limited, Glasgow

Date of deal: 30/08/2025

The acquisition of the entire issued share capital of Graham + Sibbald Property Consultants Limited. Addleshaw Goddard advised Foresight Group LLP. AG Deal Team: Chris England, Ashley Thomson, Ian Shand, Chris Muir, Kimberly Forman.

Other - Technology

Legal Advisors Addleshaw Goddard

Loganbridge II Limited & Patersons of Greenoakhill Limited, Coatbridge

Date of deal: 31/07/2025

Sale of the whole of the share capital of Loganbridge II Limited which operates the Route 74 Truckstop at Lesmahagow to Hayton Coultard Transport Limited together with simultaneous sale by Patersons of Greenoakhill Limited (a wholly owned subsidiary of Patersons Quarries Limited) of the property from which the Route 74 Truckstop, Lesmahagow operates to Gregory Distribution Property Limited. Addleshaw Goddard advised Patersons Quarries Limited. AG Deal Team: Anna Brown, Jordan Kerr, Scott Stephenson, Kevin Beattie, Isobel Wood, Ian Shand, Nathaniel Raphael.

Construction

Legal Advisors Addleshaw Goddard

Lesterose Northern Holdings Ltd, Glasgow

Date of deal: 30/09/2025

Sale of Lesterose Northern Holdings Limited to an Employee Ownership Trust

Construction

Legal Advisors Grant Thornton

Centurion 3 Limited, Aberdeen

Date of deal: 31-01-2025

Acquisition by Centurion Group of WestWater Enterprises Pty Ltd in Australia

Other - Energy

Legal Advisors Norton Rose Fulbright (P)
Corporate Finance Ascend Corporate (V)

Centurion 3 Limited, Aberdeen

Date of deal: 09-05-2025

Acquisition by Centurion Group of Aerial Platforms Ltd in NW England

Other - Energy

Legal Advisors Blackwood Partners (P)
Corporate Finance Cooper Parry (V)

Centurion 3 Limited, Aberdeen

Date of deal: 01-10-2025

Acquisition by Centurion Group of Kabin Hire Ltd based in Wales

Other - Energy

Legal Advisors Blackwood Partners (P)
Corporate Finance SME Finance Partners (V)

The Ancient Links (Scotscraig) Limited, Fife

Date of deal: 30-09-2025

MFMac acted on the purchase of the business and assets of Scotscraig Golf Club as a going concern. As part of the transaction it also entered into a long lease, arrangements regarding use of IP rights, a partnership agreement with its Council for the ongoing operation of the golf club and purchased the car park site.

Business Services

Legal Advisors MFMaC LLP (P); Thorntons (V), Burness Paul for the Sellers' Secured Lender and Vialex for the principal investor in the parent company of the Buyer

Jim Jack’s (Dunfermline), Dunfermline

Date of deal: 31-08-2025

Sale of the Dunfermline premises to Luna Plates Company Ltd and restructure of the partnership

Food & Drink

Legal Advisors Macdonald Henderson – Individual Seller / Boyd Legal – Luna Plates Company Ltd

Inspire Longtown Limited, Rutherglen

Date of deal: 05-08-2025

Financing by Thincats Finance Ltd

Life Sciences

Legal Advisors Macdonald Henderson – Company / Clyde & Co - Thincats Finance Ltd

Wipeform Ltd, Grangemouth

Date of deal: 21-05-2025

Asset purchase by the Company of McCormack Innovation Ltd.

Manufacturing

Legal Advisors Macdonald Henderson – Company

Ochil Timber Products Ltd, Denny

Date of deal: 23-09-2025

Disposal of shares in the company from founders to owner-manager son.

Manufacturing

Legal Advisors Macdonald Henderson - Company
Accountants Drummond Laurie - Company

Logoxpres Limited, Stirling

Date of deal: 29-08-2025

Sale of the company to Twenty One Hundred Ltd.

Manufacturing

Legal Advisors Macdonald Henderson – Trustee Seller/ McGinn Solicitors - Buyer / McKee Campbell Morrison – Individual Seller

Conich Holdings Limited, Balmaha

Date of deal: 19-09-2025

Acquisition of a major shareholding in Conich Holdings Limited

Food & Drink

Legal Advisors Dallas McMillan (P); Gillespie Macandrew (V)

Darge Dental Design Limited, Renfrew

Date of deal: 16-09-2025

The sale by the founders of the entire issued share capital by way of MBO of Darge Dental Design Limited, a leading dental laboratory in Renfrewshire to its management team.

HealthTech

Legal Advisors Dallas McMillan (V); Kingsley Wood & Co (P)
Accountants Connolly Accountants (V)

Edinburgh Biosciences Ltd, Grangemouth

Date of deal: 01/04/2025

We advised Mr Yuan on the purchase of shares in Edinburgh Biosciences Ltd. This involved advising on the transfer documentation, consent requirements and ancillary documentation.

Software

Legal Advisors Harper Macleod LLP

MMSS Foods Ltd, Glasgow

Date of deal: 13/05/2025

We advised the Vendor on the sale as a going concern of a 'Subway' franchised business located in Largs. The matter also included commercial real estate elements relating to the assignation of the lease for the restaurant premises to the Purchaser.

Food & Drink

Legal Advisors Harper Macleod LLP

GDK INTERNATIONAL LIMITED, Glasgow

Date of deal: 09/05/2025

Multi-million pounds investment London-based investment firm True has backed German Doner Kebab (GDK), with plans to grow the brand further across the UK and internationally.

Business Services

Legal Advisors Harper Macleod LLP

NEVE LEARNING LIMITED, Glasgow

Date of deal: 24/04/2025

Individual private investment into company, purchase by company of IP as a spin out.

Business Services

Legal Advisors Harper Macleod LLP

Flagship Hotels (Stirling) Limited, Glasgow

Date of deal: 17/04/2025

The sale of the business and assets of The Golden Lion Hotel in Stirling

Business Services

Legal Advisors Harper Macleod LLP

W K Risk Solutions LLP, Glasgow

Date of deal: 02/04/2025

The sale of the business and assets of WK Risk Solutions LLP

Business Services

Legal Advisors Harper Macleod LLP

Forrester Moon Limited, Glasgow

Date of deal: 04/05/2025

Sale of the majority of the share capital in Forrester moon by Anthony O'Reilly

Manufacturing

Legal Advisors Harper Macleod LLP

MHA Auchlochan (in administration), Renfew

Date of deal: 15/07/2025

purchase of the bankhouse care home from MHA Auchlochan

Business Services

Legal Advisors Harper Macleod LLP

William Wilson Frame, Edinburgh

Date of deal: 25/07/2025

We advised James Frame in transferring his total interest of Messrs W W Frame to Wilson Frame, including the associated land transfers within the business. The consideration was satisfied by way of a loan from the Bank of Scotland.

Other - Energy

Legal Advisors Harper Macleod LLP

Connekt Group Limited, Glasgow

Date of deal: 19/08/2025

Growth Fund 1 LP subscribed for Loan Notes and Craig Johnstone subscribed for shares in the Company (Connekt Group Limited). Also included a partial secondary exit for the founder.

Other - Energy

Legal Advisors Harper Macleod LLP

Turley, Maguire and Grennan, Edinburgh

Date of deal: 23/07/2025

We acted for David Maguire in his acquisition of Gregory Turley's interest in Turley, Maguire and Grennan.

Infrastructure

Legal Advisors Harper MacLeod

Kenoteq Ltd, Edinburgh

Date of deal: 15/05/2025

Investment into Kenoteq Ltd

Software

Legal Advisors Harper Macleod LLP and MBM Commercial

Ramco Pipetech Holdings Limited, Norway and Scotland (cross-border)

Date of deal: 23-06-2025

Sale by Ramco Pipetech Holdings Limited of the entire issued share capital of Ramco Holdings Norway AS to Aeonian 36 AS (a group company of Øgreid).

Other - Energy

Legal Advisors Brodies (V); CMS Kluge (V); Wikborg (P); Pinsent Masons (Lender)
Corporate Finance Alpha Corporate Finance (V)

OGI Bio Ltd, Pentland Science Park

Date of deal: 05-06-2025

Equity investment by Scottish Enterprise, Merleview Capital, TRICAPITAL Angels Limited and Apollo into OGI Bio Ltd, a leading Scottish biotechnology company specialising in developing innovative solutions for microbial growth and analysis.

HealthTech

Legal Advisors Brodies (SE); Vialex (OGI Bio); Anderson Strathern (Tricapital)

T.G. Baker (Sound) Ltd, Glasgow

Date of deal: 24-07-2025

Acting for the shareholders of T.G. Baker (Sound) Ltd in the sale of the entire issued share capital of the company, along with its subsidiary Premier Acoustic Limited, to SSUK Limited.

Other - Energy

Legal Advisors Brodies LLP (V); Bellweather Green Limited (P); TLT (Lender)
Accountants WBG (V); Gilliland & Co (P)
Corporate Finance Hilton Smythe
Investors / Lenders Santander

Sanctum-Energy Ltd, Glasgow

Date of deal: 29-08-2025

The disposal of a founder shareholding in Sanctum-Energy Ltd, the renewable energy solutions provider

Software

Legal Advisors Dallas McMillan (V); Ramsdens (P)

Dallas McMillan Solicitors, Glasgow

Date of deal: 29-08-2025

The acquisition of GAMTA, the Glasgow Academy of Musical Theatre Arts, by The Unibridge Group Ltd

EdTech

Legal Advisors Dallas McMillan (P); Kerr Stirling (V)

Hero Brands Ltd, Glasgow

Date of deal: 07-05-2025

BTO acted for the Seller, Hero Brands Ltd, in the sale of 60% controlling interest in the German Doner Kebab (GDK) brand to True Capital Limited, a leading investment and innovation firm.

Food & Drink

Legal Advisors Jones Day (Buyer's solicitors)

Rightdose Healthcare Limited, Glasgow

Date of deal: 31-07-2025

BTO acted for the Seller, Rightdose Healthcare Limited, in the business and asset sale of a pharmacy located in Liverpool to AV Pharma Limited.

HealthTech

Legal Advisors Brabners (Buyer's solicitors)

Henry Waste Management Limited, Coatbridge

Date of deal: 31-07-2025

BTO acted for the Seller, Henry Waste Management Limited, in the business asset sale of their skip business to NWH Group Limited

Business Services

Legal Advisors WJM (Buyer's solicitors)

Greenerleaf Estate Maintenance Limited, Coatbridge

Date of deal: 16-06-2025

BTO acted for the Buyer, Greenerleaf Estate Maintenance Limited, in the acquisition of the entire issued share capital of Henry Waste Management Ltd.

Business Services

Legal Advisors MFMac (Seller's solicitors)

AGR Hospitality (Stirling) Ltd, Stirling

Date of deal: 17-04-2025

BTO acted for the Buyer, AGR Hospitality (Striling) Ltd, in the business purchase of The Golden Lion Hotel. The purchase included all assets and property.

Food & Drink

Legal Advisors Harper Macleod (Seller's solicitors)

James A Marshall Limited, Glasgow

Date of deal: 26-06-2025

Investment from Nevis Capital LLP in James A. Marshall Limited

Manufacturing

Legal Advisors Bellwether Green ( Investors) Radernie Consulting LLP (Company)

Par Fund Management Limited, Edinburgh

Date of deal: 09-07-2025

Follow-on equity investment by Par's investor syndicate, Scottish Enterprise and existing investors

Other - Technology

Legal Advisors Addleshaw Goddard advised Par Fund Management Limited

Equity Gap, Edinburgh

Date of deal: 02-05-2025

Supplementary investment into Interpac by Equity Gap, Par Equity, Syndicate Room, Primorus Investments Plc and other angel investors. This also included investment from Aalberts Investments who are a new investor to the company

Manufacturing

Legal Advisors Addleshaw Goddard advised Interpac Ltd

Titan Energies; HydroVolve, Aberdeen

Date of deal: 27-03-2025

This was the acquisition by Titan Energies of tools from HydroVolve (being the HydroVolve Hammer and Hydrovolve Quake). The HydroVolve Hammer is a powerful stuck-object extraction system that provides a solution for stuck-pipe incidents, and the HydroVolve Quake is a striker system designed to break down cement and solids which surrounds steel pipes.

Other - Energy

Legal Advisors Addleshaw Goddard advised Titan Energies Limited

**Rock Compliance Ltd based in Alcester, Warwickshire, Shareholder based in Fife

Date of deal: 21-02-2025

Advised minority shareholders on the sale of shares in Rock Compliance Limited to Andwis Group

Infrastructure

Legal Advisors Lindsays LLP, Squire Patton Boggs (P)
Investors / Lenders I: Gateley Legal