RAM 217 Limited, Glasgow

Date of deal: 03-08-2026

Harper Macleod advised Madrisa Healthcare Limited on the acquisition of RAM 217 Limited, the operator of the Victoria House Care Home, including acquisition structuring, due diligence, financing and completion.

Sector - Infrastructure

Legal Advisors Harper Macleod, Glasgow (Buyer), Bellwether Green, Glasgow (Seller)

Dwello Properties Limited, Glasgow

Date of deal: 17-07-2026

Harper Macleod advised Dwello Property Limited on its acquisition of the Glasgow-based property management and lettings business Thomson Residential Ltd, including negotiation of the share purchase agreement, deferred consideration arrangements and completion of the transaction.

Sector - Commercial Property

Legal Advisors Harper Macleod, Glasgow (Buyer), McKee Campbell Morrison, Glasgow (Seller)

Snow Line Ltd, Glasgow

Date of deal: 31-03-2026

We acted for Snow Line Ltd, trading as Go Swag on a £3 million growth investment round led by Mercia-backed VCT investors. Go Swag is a Glasgow-based technology business operating a software-enabled corporate gifting platform, supporting businesses with end-to-end branded gifting solutions. The investment will support continued growth, product development and expansion of the business.

Sector - Technology - Other

Legal Advisors Harper Macleod, Glasgow (Company), Lewis Silkin LLP (Investor)
Investors / Lenders Mercia Fund Management Limited, Warwickshire (Lead Investor/Investment Manager), Scottish Growth Scheme - Techstart Ventures Equity Finance LP

AVANTE PHARM LTD, Edinburgh

Date of deal: 01-08-2026

Acquisition of Murrayfield Pharmacy. This acquisition gives a third location for the local group operator as they expand their footprint across Edinburgh.

Sector - Technology - HealthTech

Legal Advisors Lindsays LLP (P) and McKee Campbell Morrison Limited (V)

Hadden Rankin Property Management Limited, Edinburgh

Date of deal: 28-07-2026

Provided legal advice on the sale of the shares in Hadden Rankin Property Management Limited to Albany Lettings Limited.

Sector - Business Services

Legal Advisors Lindsays (V); BTO (P)
Accountants Findlays CA

Bradley Drywall Limited, Glasgow

Date of deal: 05-08-2026

Company share buyback of shares held by private individuals in Bradley Drywall Limited and share transfer in Videre Developments Limited and related arrangements concerning Bradley Property (Scotland) Limited.

Sector - Construction

Legal Advisors Macdonald Henderson – Private Individuals / Harty & Smith Limited - Companies

The Wee Boulangerie Ltd., Edinburgh

Date of deal: 31-07-2026

Sale of the entire issued share capital of The Wee Boulangerie Ltd. to private individuals

Sector - Food & Drink

Legal Advisors Macdonald Henderson Limited – Sellers/BTO Solicitors LLP - Buyers
Accountants One Accounting Ltd - Sellers

RAM 217 Limited, Glasgow

Date of deal: 03-08-2026

Acquisition of entire issued share capital of RAM 217 Ltd trading as Victoria House Care Home from the shareholders

Sector - Business Services

Legal Advisors Bellwether Green Limited (v) Harper Macleod LLP (p))

Titan Spirits Ltd, Greenock

Date of deal: 26-06-2026

Investment by Cranford Investments Limited

Sector - Food & Drink

Legal Advisors Macdonald Henderson – Titan Spirits Ltd
Accountants Ian Henderson (Henderson & Company Chartered Accountants) – Titan Spirits Ltd
Corporate Finance Blackthorn Capital – Cranford Investments Limited

LGC Legal Limited, North Ayrshire

Date of deal: 12-06-2026

Acquisition of business and assets carried out under the name of J & J McCosh

Sector - Business Services

Legal Advisors Bellwether Green (P) Kerslands Solicitors (v)

Nine Ten Venture Ltd, Glasgow

Date of deal: 29-05-2026

Acquisition of entire issued share capital of Clyde Fasteners (Holdings) Limited

Sector - Manufacturing

Legal Advisors Bellwether Green Limited (P), Macdonald Henderson Limited (v)

Bioliberty, Edinburgh

Date of deal: 17-03-2026

Investment round in health technology start up Bioliberty Ltd, led by Scottish National Investment Bank and supported by Archangels, EOS Advisory, Old College Capital, and Hanna Capital SEZC, as well as Conduit Connect.

Sector - Technology - HealthTech

Legal Advisors MBM Commercial advising Bioliberty, CMS advising SNIB, Lindsays advising EOS/Archangels, Shepherd & Wedderburn advising OCC

Ardgowan Distillery Company Limited, Inverkip

Date of deal: 19-06-2026

£3m Convertible Loan Note Conversion and Recapitalisation for Ardgowan Distillery Company Limited

Sector - Food & Drink

Legal Advisors Macdonald Henderson - Ardgowan Distillery Company Limited / DWF - Distil Plc
Investors / Lenders Virgin Money – Harper Macleod

Craigton Foods Limited, Inverness

Date of deal: 12-01-2026

The sale by Craigton Foods Limited of its McDonald's franchise businesses at Inverness High Street, Inverness Inshes, Aberdeen Union Street and Fort William back to McDonald's Restaurants Limited before certain of them were passed on to the replacement franchisee, Teallach Restaurants Limited

Sector - Food & Drink

Legal Advisors Harper Macleod LLP, Inverness (Vendor) and DWF LLP, Edinburgh (Purchaser)
Accountants Cooper Parry, London (Vendor)

n/a, Edinburgh

Date of deal: 13-03-2026

We advised Hollie Reid on the sale of her shares in Nice Times (Scotland) Limited to various shareholders

Sector - Food & Drink

Legal Advisors Harper Macleod LLP, Edinburgh (Vendor)

Kerr Compressor Engineers (East Kilbride) Limited, East Kilbride

Date of deal: 01-04-2026

We advised the founding shareholder of Kerr Compressor Engineers (East Kilbride) Limited on the sale of their shares by way of a multiple completion share buyback. This involved advising on and negotiating the buyback contract, together with the full suite of corporate

Sector - Manufacturing

Legal Advisors Harper Macleod LLP, Glasgow (Vendor)
Accountants RSM, Glasgow (Purchaser)
Other Advisors Lindsays LLP, Glasgow (Purchaser)

Drumpellier & Mt. Vernon Estates Ltd, Ayr

Date of deal: 05-05-2026

We advised Drumpellier and Mount Vernon Estates (Coatbridge) LLP on the conversion from LLP to limited company.

Sector - Construction

Legal Advisors Harper Macleod, Edinburgh (Vendor)

Campbell & McHardy Limited, Aberdeen

Date of deal: 02-04-2026

The sale by Ian and Norma Campbell of 50% of the entire issued share capital of Campbell & McHardy Limited to Archibald Properties Ltd

Sector - Construction

Legal Advisors Harper Macleod LLP, Elgin (Vendors) and Raeburn Christie Clarke and Wallace LLP, Aberdeen (Purchaser)
Accountants Johnston Carmichael LLP, Elgin (Vendor)

Gutsy Health Limited, Edinburgh

Date of deal: 22-12-2025

Investment of £300k into Gutsy Health Limited by Equity Gap, Apollo Informal Investments and Scottish Enterprise

Sector - Food & Drink

Legal Advisors Harper Macleod LLP (acting for the Company), Brodies (acting for Scottish Enterprise), Wright Johnston & Mackenzie (acting for Equity Gap)
Investors / Lenders Equity Gap, Apollo Informal Investments, Scottish Enterprise

Dolby Healthcare Limited, Stirling

Date of deal: 15-05-2026

BDO provided financial and tax due diligence in respect of Dolby Healthcare Limited's (a subsidiary of Airsol S.R.L) acquisition of Remeo Healthcare from Active Care Group

Sector - Business Services

Firelink Protection Limited, Glasgow

Date of deal: 24-02-2026

BDO acted as financial advisor in the sale of Firelink Protection Limited to Odevo

Sector - Business Services

Legal Advisors Osborne Clarke
Corporate Finance BDO LLP
Investors / Lenders CVC, Fidelio
Other Advisors Macdonald Henderson

OEG Renewables Group Limited, Aberdeen

Date of deal: 01-06-2026

BDO provided financial and tax due diligence to OEG Renewables Group on its acquisition of Hybrid Resource Management Limited

Sector - Manufacturing

Investors / Lenders Apollo Funds

Aliter Capital, Glasgow

Date of deal: 27-05-2026

BDO provided financial and tax due diligence support to Orwins Law Group Limited, backed by Aliter Capital on their investment in Clarkslegal LLP

Sector - Business Services

Investors / Lenders Aliter Capital

March (Group) Limited, Glasgow

Date of deal: 27-03-2026

BDO provided financial and tax due diligence services to March (Group) Limited on its acquisition of Expervent Limited

Sector - Manufacturing

Legal Advisors Hill Dickinson
Investors / Lenders EMK Capital

Quantcore Technologies Limited, Glasgow

Date of deal: 03-02-2026

equity investment of up to c£3.1m by Blackfinch, PXN, STAC and SE in Quantcore Technologies Limited

Sector - Technology - Other

Legal Advisors Burness Paull
Accountants n/a
Corporate Finance n/a
Investors / Lenders n/a
Other Advisors n/a

CENSO BIOTECHNOLOGIES LTD (trading as Axol Bioscience), Midlothian

Date of deal: 24-12-2026

Investment by BroadOak Fund VI, L.P and the Roslin Foundation into CENSO BIOTECHNOLOGIES LTD. [Burness Paull corporate team advised on/negotiated corporate investment documents (including Investment Agreement, Warrant Deed, CLN) and Burness Paull banking team advised on the corresponding security package].

Sector - Technology - HealthTech

Legal Advisors Burness Paull
Accountants n/a
Corporate Finance n/a
Investors / Lenders BroadOak Fund VI, L.P
Other Advisors n/a

Solutions Driven Ltd, Glasgow

Date of deal: 05-02-2026

Sale of Solutions Driven Ltd, a market-leading talent acquisition and executive search firm, to Groupe Adequat, who are one of the top 50 recruitment companies in the world.

Sector - Business Services

Legal Advisors Burness Paull
Accountants NHN
Corporate Finance NHN
Investors / Lenders n/a
Other Advisors Trowers & Hamlins were the buy-side legal advisors, Aslan Advisory were the buy-side corporate advisors.

Damm Environmental Holdings Limited, Glasgow

Date of deal: 02-04-2026

Acquisition of the entire issued share capital in Damm Environmental Holdings Limited by UIM Services UK Ltd, a subsidiary company of Kanalservice Gruppe

Sector - Energy - Infrastructure

Legal Advisors Burness Paull
Accountants Consilium Accountancy Group Limited (Vendors); Sancovia Corporate Finance (Purchaser)
Corporate Finance Consilium Accountancy Group Limited (Vendors); Sancovia Corporate Finance (Purchaser)
Investors / Lenders n/a
Other Advisors n/a

Purchaser: Ryder Holdco Ltd (a subsidiary of Graham + Sibbald Consultants Limited) Target: Badwater Ltd, Paisley

Date of deal: 05-03-2026

G + S is one of the UK's leading property consultancy services, who were looking to acquire Badwater Ltd, and its subsidiaries: JMP Construction and SID Asset Management. JMP is a Scotland-based construction

Sector - Construction

Legal Advisors Burness Paull
Accountants AAB
Corporate Finance N/A
Investors / Lenders n/a
Other Advisors n/a

Clyde Property Limited, Glasgow

Date of deal: 01-04-2026

BTO advised the sellers in respect of the sale and purchase of the entire issued share capital of Clyde Property Limited to Lomond Property Lettings Limited.

Sector - Business Services

Hero Media & Entertainment Ltd, Glasgow

Date of deal: 02-04-2026

BTO advised Hero Media & Entertainment Ltd in its acquisition by asset purchase of the websites owned by DAILY BUSINESS LIMITED.

Sector - Creative Services

Hero Media & Entertainment Ltd, Glasgow

Date of deal: 31-03-2026

BTO advised Hero Media & Entertainment Ltd and its wholly owned subsidiary DPA Bidco Ltd in the latter’s acquisition of the entire issued share capital of Dundee Press Agency Limited, E-News Now Limited, Irish Legal News Ltd, SCN Events Ltd and all associated brands.

Sector - Creative Services

Legal Advisors MML Law & Co (Sellers solicitors)

Hero Brands Limited, Glasgow

Date of deal: 06-03-2026

BTO advised Hero Brands Limited in respect of its investment in the Duck and Dry blow-dry business

Sector - Creative Services

Legal Advisors Charles Russell Speechlys LLP

William Sword Limited, Cumbernauld

Date of deal: 02-04-2026

Advised William Sword Limited in connection with their transition to employee ownership through an Employee Ownership Trust (EOT).

Sector - Food & Drink

Legal Advisors Lindsays LLP

TSG Solutions UK Ltd, Dundee

Date of deal: 09-04-2026

The acquisition of Powertek Utilities Ltd by TSG Solutions UK Ltd

Sector - Energy - Transition

Legal Advisors Vialex (P)

Almins Ltd, Edinburgh

Date of deal: 01-04-2026

The sale of Almins Ltd to Harbro Ltd

Sector - Agriculture

Legal Advisors Lindsays (V); Burness Paull (P)
Accountants Johnston Carmichael (V)
Corporate Finance Johnston Carmichael (V)

Highland Adventure Safaris Ltd, Perthshire

Date of deal: 26-02-2026

The sale of Highland Adventure Safaris Ltd by Crieff Hydro to Robbie Winton.

Sector - Business Services

Legal Advisors BTO (V); Thorntons (P)
Corporate Finance Johnston Carmichael (P)

Marine Products (Scotland) Ltd, Glasgow

Date of deal: 31-01-2026

The employee buy out of Marine Products (Scotland) Ltd

Sector - Food & Drink

Legal Advisors Pinsent Masons (V); Jurit (P)
Corporate Finance Johnston Carmichael (V)

Williams Young McKaig Ltd, Edinburgh

Date of deal: 30-01-2026

The sale of the WYM Rating business to Ryan, Inc.

Sector - Commercial Property

Legal Advisors Burness Paull (V)
Accountants Johnston Carmichael (V)
Corporate Finance Johnston Carmichael (V)

Zonal Retail Data Systems Ltd, Edinburgh

Date of deal: 03-02-2026

Volaris Group's acquisition of Zonal, a UK-based provider of electronic point-of-sale (E-POS) and hospitality technology solutions.

Sector - Technology - Other

Legal Advisors DWF (V); Fox Williams (P)
Corporate Finance Johnston Carmichael (V)

JMC Healthcare Limited, Prestonpans and Wallyford

Date of deal: 12-12-2025

Acted for the shareholders in the sale of the entire issued share capital of JMC Healthcare Limited, which operates two pharmacies - Bankton Pharmacy and Wallyford Pharmacy, to Bilon & Stuart (Holdings) Ltd.

Sector - Retail

Legal Advisors Lindsays LLP (V); Thorntons Law LLP (P)

Derma T Aesthetics Ltd, Dundee

Date of deal: 29-08-2025

Represented Laurabelle Aesthetics Ltd on their purchase of the skincare arm of the Derma T Aesthetics business.

Sector - Technology - Other

Legal Advisors Lindsays LLP (P)

Bioliberty, Edinburgh

Date of deal: 06-02-2026

Lindsays LLP acted for Archangel Investors Limited and Eos Advisory on their investment in Edinburgh-based Bioliberty which raised $10.2 million in the financing round, supporting the continued development of its technology.

Sector - Technology - HealthTech

Legal Advisors Lindsays LLP
Investors / Lenders I: Archangel Investors Limited, I: Eos Advisory LLP

Clyde Property Ltd, Glasgow

Date of deal: 01-04-2026

Acquisition of Clyde Property Ltd by Lomond Property Lettings Ltd

Sector - Business Services

iFire UK. Limited, Edinburgh

Date of deal: 07-05-2026

sale of entire share capital of iFire UK Limited

Sector - Business Services

Legal Advisors Bellwether Green Limited (v) Freeth (p)
Accountants IRD Accountancy (v)
Corporate Finance Cortus Advisory (p)

Centurion 2 Limited, Aberdeen

Date of deal: 26-03-2026

Acquisition of Trand Inc., a crane company in Kansas, U.S.A by Centurion Group

Energy - Renewables

Legal Advisors Vinson & Elkins (P), Foulston Siefkin LLP (V)
Accountants N/A
Corporate Finance Infinity Capital Partners (V)
Investors / Lenders N/A
Other Advisors N/A

Vialex Limited, Edinburgh

Date of deal: 13-02-2026

Higgs LLP acquires Vialex Limited

Business Services - Business Services

Investors / Lenders August Equity

FRS Estates, Glasgow

Date of deal: 20-11-2025

Acquisition of Braehead Shopping Centre by Frasers Group plc

Commercial Property - Commercial Property

Legal Advisors Dentons

Kwikpac, Kirkcaldy

Date of deal: 06-03-2026

Merger of Hazel 4D, Acopia and Kwikpac to form Orkka Limited

Manufacturing - Manufacturing

Corporate Finance BDO

Dougall Metals Limited, Falkirk

Date of deal: 08-04-2026

Acquisition of the business of scrap metal merchants, metal & car recycling and mobile baler hire carried on by Angus Braidwood & Son Limited

Retail - Retail

Legal Advisors Macdonald Henderson – Dougall Metals/Thorntons Law – Angus Braidwood & Son Limited
Accountants Drummond Laurie - Buyer

Dougall Metals Limited, Falkirk

Date of deal: 08-04-2026

Acquisition of the business of scrap metal merchants, metal & car recycling and mobile baler hire carried on by Angus Braidwood & Son Limited

Retail - Retail

Legal Advisors Macdonald Henderson – Dougall Metals/Thorntons Law – Angus Braidwood & Son Limited
Accountants Drummond Laurie - Buyer

Paper Shredding Services Holdings Limited, Glasgow

Date of deal: 26-03-2026

The acquisition of the entire issued share capital of the company by Restore Datashred.

Business Services - Business Services

Legal Advisors Macdonald Henderson – Seller/Field Fisher – Buyer
Accountants Azets - Buyer
Corporate Finance Evolution CBS - Buyer

Optima Partners Limited, Edinburgh

Date of deal: 01-12-2025

BDO provided financial vendor assist support to Optima Partners on its investment from Growth Capital Partners

Technology - Other

Legal Advisors Burnes Paull
Corporate Finance Clearwater
Investors / Lenders BGF
Other Advisors fairgrove

Astrak Global Limited, Kirkcaldy

Date of deal: 08-12-2025

BDO provided financial and tax due diligence and tax structuring advice in support of Astrak Global Limited’s acquisition of Tuff Stuff Australia Pty Ltd

Manufacturing - Manufacturing

Legal Advisors Burness Paull
Investors / Lenders Inflexion

Bioliberty, Edinburgh

Date of deal: 19/03/2026

£6.2m in Series A funding, led by £3m from the Scottish National Investment Bank, alongside existing investors Archangels, Eos Advisory, Old College Capital and Hanna Capital SEZC; as well as new investor Conduit Connect.

Software

Legal Advisors MBM Commercial
Investors / Lenders Scottish National Investment Bank (Lead), Archangels, Eos Advisory, Old College Capital, Hanna Capital SEZC, Conduit Connect

LVN Holdings Limited, Glasgow

Date of deal: 01-01-2026

Acted for Busy Bees Holdings Limited on the acquisition of the entire issued share capital of LVN Holdings Limited and its subsidiary Lochview Nursery Limited, operators of children’s day nursery facilities.

Commercial Property - Commercial Property

Legal Advisors Lindsays LLP (acting for the sellers)
Other Advisors Eversheds Sutherland (International) LLP (acting for the buyer)

Reid Mitchell Ltd, Edinburgh

Date of deal: 25-11-2025

Advised Reid Mitchell HD Limited on its merger with H D Property Consultants Ltd and subsequent transition of the merged business to employee ownership through an Employee Ownership Trust.

Business Services - Business Services

Legal Advisors Lindsays LLP

Martin Precision Ltd, Lanark

Date of deal: 27-02-2026

Sale of entire issued share captial of Martin Precision Limited by the Martin Precision Employee Ownership Trust and another to Swedish private equity group, Evity.

Manufacturing - Manufacturing

Legal Advisors Bellwether Green Limited (v); Addleshaw Goddard LLP (v);
Corporate Finance Consilium Chartered Accountants (v)

Chrysalis Homes Limited, Glasgow

Date of deal: 02-12-2025

We advised Chrysalis Homes Limited on the equity and debt aspects of a property development, including funding by Oaknorth Bank Plc.

Commercial Property - Commercial Property

Legal Advisors Harper Macleod LLP

The Knights Vault Ltd, Edinburgh

Date of deal: 18-12-2025

Sale of his shares in The Knights Vault Ltd from Colin Hope to Lance & Lore Ltd.

Retail - Retail

Legal Advisors Harper Macleod LLP

JB Foods (Scotland) Ltd, Edinburgh

Date of deal: 05-12-2025

Acquisition of the entire issued share capital of JB Foods (Scotland) Ltd by Lynas Foodservice

Food & Drink - Food & Drink

Legal Advisors Harper Macleod LLP

Kee Solicitors Ltd, Glasgow

Date of deal: 25-11-2025

Transfer of the conveyancing and estate agency business of Kee Solicitors Ltd to Kee Property Services Ltd.

Business Services - Business Services

Legal Advisors Harper Macleod LLP

Gutsy Health Limited, Edinburgh

Date of deal: 22-12-2025

Investment of £300k into Gutsy Health Limited by Equity Gap, Apollo Informal Investments and Scottish Enterprise

Retail - Retail

Legal Advisors Harper Macleod LLP (acting for the Company), Brodies (acting for Scottish Enterprise), Wright Johnston & Mackenzie (acting for Equity Gap)

Computer Cab (Aberdeen) Ltd., Aberdeen

Date of deal: 07-10-2025

The sale by CityFleet Networks Limited of the entire issued share capital of Computer Cab (Aberdeen) Ltd. to Rainbow Cars Limited.

Transport - Transport

Legal Advisors Harper Macleod LLP, Glasgow (Vendor) and Shepherd + Wedderburn LLP, Aberdeen (Purchaser)
Accountants Azets, London (Vendor) and AAB, Aberdeen (Purchaser)

B & CC Taylor Limited, Forfar

Date of deal: 25-04-2026

We acted on behalf of Christopher Charles Taylor and Marion Taylor in the transfer of the business and assets of B & C.C. Taylor to B & CC Taylor Limited.

Agriculture - Agriculture

Legal Advisors Harper Macleod LLP

The Natural Power Consultants Limited, Kirkcudbrightshire

Date of deal: 07-10-2025

We advised The Natural Power Consultants Limited on the acquisition of the entire issued share capital of W Bone Services Ltd.

Manufacturing - Manufacturing

Legal Advisors Harper Macleod (acting for buyer)

Lift Solutions Limited, Glasgow

Date of deal: 30-12-2025

Sale of Lift Solutions Limited.

Manufacturing - Manufacturing

QAVM Ltd, Dundee

Date of deal: 29-10-2025

Purchase of assets of Auto Fleet Solutions

Transport - Transport

Evo Software Solutions Ltd and Strategic Thinking Limited, Glasgow

Date of deal: 28-11-2025

BTO advised the shareholders of Strategic Thinking Limited and Evo Software Solutions Limited on their simultaneous sale to Everfield UK Limited.

Technology - HealthTech

Legal Advisors CMS Cameron McKenna Nabarro Olswang LLP (Buyer's solicitors)
Corporate Finance Quest Corporate Ltd

Celtic Renewables, Grangemouth

Date of deal: 19-12-2025

£5 million in new investment from Scottish Enterprise, £5 million from Celtic’s existing private investors, alongside £6.23 million from the Grangemouth Just Transition Fund.

Energy - Renewables

Legal Advisors MBM Commercial for Celtic Renewables, BUrness Paull for Scottish Enterprise

71 Brewing Limited, Aberdeen

Date of deal: 21/08/2025

Advised 71 Brewing Limited on its merger with Bon Accord Soft Drinks Limited, a landmark transaction aimed at diversifying 71 Brewing’s product offering and accelerating its growth strategy.

Software

Legal Advisors Aberdein Considine LLP

FRP Advisory and CSG Group, Aberdeen

Date of deal: 17-12-2025

Acting on the distressed sale of two companies within the CSG Group, both of which had entered administration.

Business Services - Business Services

Westerwood Group, Coatbridge

Date of deal: 25-02-2025

Advising on the joint venture investment in Hagmill Road Shed Limited, established to acquire a newly developed industrial and distribution scheme comprising four units.

Commercial Property - Commercial Property

Porter Pharmacy Group, Fraserburgh

Date of deal: 31-03-2025

Advised the buyer on the acquisition of 100% of the share capital of Garden’s Pharmacy Limited.

Retail - Retail

Airspection Limited, Glasgow

Date of deal: 15-01-2026

Advising a newly incorporated, founder led drone technology start up focused on innovative offshore inspection solutions on its first external investment round.

Technology - Software

Roemex Limited, Aberdeen

Date of deal: 11-06-2025

Advising the management group on the successful management buy out of an established energy sector business

Energy - Oil Services

Orchard Brae House, Edinburgh

Date of deal: 05-02-2026

Funding from investor Archangels, with support from Old College Capital, BBI, Scottish Enterprise, and new investor EverQuest Capital Partners.

Life Sciences - Life Sciences

Legal Advisors MBM Commercial for Archangels
Investors / Lenders Archangels, Old College Capital, BBI, Scottish Enterprise, and EverQuest Capital Partners.

Duffy Skylining Ltd, Inverness

Date of deal: 01-09-2025

The sale of Duffy Skylining to Tillhill Forestry.

Business Services - Business Services

Legal Advisors Burness Paull (V) ; Burges Salmon (P)
Corporate Finance Johnston Carmichael (V)

Hawco & Sons Ltd, Inverness

Date of deal: 02-10-2025

The sale of Hawco Group to John Clark Motor Group

Retail - Retail

Legal Advisors Ledingham Chalmers (V) ; Burness Paull (P)
Corporate Finance Johnston Carmichael (V) ; BDO (P)

Port Edgar Marina, South Queensferry

Date of deal: 14-10-2025

The sale of Port Edgar Holdings Limited to West Coast Capital.

Commercial Property - Commercial Property

Legal Advisors Anderson Strathern (V) ; Dickson Minto (P)
Corporate Finance Johnston Carmichael (V)

SPEX Group, Aberdeen

Date of deal: 30-06-2025

The sale of SPEX Group Holdings Ltd, a leading independent provider of energetics products and field services to the upstream oil & gas sector, to Halliburton.

Energy - Oil Services

Legal Advisors CMS (V) ; K&L Gates (P)
Corporate Finance Johnston Carmichael (V) ; EY (P)

Johnston Carmichael Wealth, Aberdeen

Date of deal: 31-03-2025

The sale of Johnston Carmichael Wealth to Partners Wealth Management.

Business Services - Business Services

Legal Advisors MFMac (V)
Corporate Finance Johnston Carmichael (V)

Denholm Industrial Services Ltd, Glasgow

Date of deal: 11-06-2025

The acquisition of WPA Construction Group Ltd and its trading subsidiary, Weatherproofing Advisors Ltd, by Denholm Industrial Services, a subsidiary of The Denholm Group.

Business Services - Business Services

Denholm Energy Services, Glasgow

Date of deal: 26-03-2025

The acquisition of MOSS Mechanical On Site Services Ltd by Relay Engineering Ltd, a subsidiary of Denholm Energy Services.

Business Services - Business Services

Legal Advisors Burness Paull (P) ; Addleshaw Goddard (V)
Corporate Finance EY (V)

The Denholm Group, Glasgow

Date of deal: 02-04-2025

The acquisition of Quay Cargo Services Ltd by Denholm Good Logistics Ltd, a subsidiary of The Denholm Group.

Transport - Transport

United Auctions Group Limited, Stirling

Date of deal: 01-04-2025

The sale of United Auctions to an EOT.

Agriculture - Agriculture

Legal Advisors Burness Paull (V) ; TLT (P)
Corporate Finance Johnston Carmichael (V)

Rodgers & Johnston Ltd, Holytown

Date of deal: 14-02-2025

The sale of Rodgers & Johnston to Cardo Group, backed by Buckthorn Partners & Souter Investments.

Construction - Construction

Legal Advisors MFMac (V)
Corporate Finance Johnston Carmichael (V)

Internet for Business Ltd (IFB), Aberdeen

Date of deal: 21-02-2025

The accelerated pre-pack sale of the trade and assets of IFB to Converged Communication Solutions.

Technology - IT Services

Legal Advisors CMS (V) ; Sandison Kennedy (P)
Corporate Finance Johnston Carmichael (V) ; Hall Morrice (P)

Duncan's of Deeside Ltd, Laurencekirk

Date of deal: 29-01-2025

The sale of Duncan's of Deeside to Dean's of Huntly.

Food & Drink - Food & Drink

Corporate Finance Johnston Carmichael (V)

Taylor & Fraser Limited, Paisley

Date of deal: 03-01-2025

The sale of third generation M&E contractor, Taylor & Fraser, to Suir Engineering Ltd, backed by Duke Street Capital & Souter Investments.

Construction - Construction

Corporate Finance Johnston Carmichael (V)

AAB, Aberdeen

Date of deal: 02-02-2026

Acquisition of the entire issued share capital of FinOps Mission Limited by AAB.

Business Services - Business Services

Legal Advisors Addleshaw Goddard advised AAB

Quantcore, Glasgow

Date of deal: 03-02-2026

Equity investment in Quantcore

Technology - Other

Legal Advisors Addleshaw Goddard advised Par Fund Management Ltd

Space Solutions Limited, Aberdeen

Date of deal: 01-10-2025

The sale of the entire issued share capital in Space Solutions Limited to a newly established Employee Ownership Trust.

Business Services - Business Services

Legal Advisors Stronachs LLP
Other Advisors Carole Leslie (acting for Space Solutions Limited)

Turas Hotels Limited, Inverness

Date of deal: 21-03-2025

Acquisition of the entire share capital of WKW Partnership Limited by Turas Hotels Limited

Food & Drink - Food & Drink

Legal Advisors Stronachs LLP (acting for Turas Hotels Limited) Holmes Mackillop (acting for WKW Partnership Limited)

uFraction8, Grangemouth

Date of deal: 03-02-2025

Growth capital investment into a leading microfluidics-based bio-separation technology provider, has closed a £3.4m funding round led by the Ventures team at Foresight Group (“Foresight”) with participation from Old College Capital (“OCC”), Scottish Enterprise, Alwyn Capital and existing investor, Thia Ventures. This includes a £1.5m grant that the Company won from the Polish Agency for Enterprise Development (PARP).

Life Sciences - Life Sciences

Investors / Lenders Foresight Group, Old College Capita, Scottish Enterprise, Alwyn Capital and existing investor, Thia Ventures

REDA Energy Ltd, Aberdeen

Date of deal: 08-07-2025

Acquisition of Schlumberger’s petrochemical business and assets by REDA Energy Ltd

Energy - Other

Legal Advisors Stronachs LLP (acting for REDA Eenergy Ltd) Latham & Watkins (acting for Seller)

MyWay Digital Health, Jamestown

Date of deal: 11/11/2025

Investment into Mclaggan + co (“Mclaggan” or the “Company”), to support the strategic acquisition of Customworks, a giftware business founded in 1997, with facilities in Bo’ness and Malaga.

Manufacturing

Legal Advisors Foresight Group

MyWay Digital Health, Edinburgh

Date of deal: 03/09/2025

Investment into Graham + Sibbald, one of the UK’s fastest growing firms of chartered surveyors and property consultants.

Software

Legal Advisors Foresight Group

MyWay Digital Health, Dundee

Date of deal: 01-09-2025

£3.0 million investment (from Foresight Group) into MyWay Digital Health Ltd (“MWDH” or the “Company”), a digital healthcare solutions provider dedicated to reducing the burden of chronic disease, with a particular emphasis on diabetes

Technology - Software

Verlume Ltd, Aberdeen

Date of deal: 14-02-2025

Equity investment by Scottish National Investment Bank and others in Verlume Limited, a designer and manufacturer or subsea energy storage products and accompanying intelligent energy management systems

Energy - Renewables

Legal Advisors Stronachs LLP (acting for Verlume Ltd) Dentons LLP (acting for Scottish National Investment Bank) Burness Paull LLP (acting for Scottish Enterprise and others)