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Sale/Acquisition - Acquisition of Scottish business by overseas buyer

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Nightingale Home Care (Scotland) Ltd, Falkirk

Acquisition of the entire issued share capital of Nightingale Home Care (Scotland) Ltd, the leading home care provider based in Falkirk and the Forth Valley by Home Care (Scotland) Holdings
HealthTech
Legal Advisors Dallas McMillan Solicitors (P); Kerr Stirling (V)
Accountants DTA & Co (V)

The Prince’s House Hotel, Glenfinnan, Glenfinnan

Lindsays provided legal advice to the purchasers of The Prince's House Hotel, Glenfinnan, now renamed as the Stage House Bed & Breakfast
Other
Legal Advisors MacGregor Thomson (V)
Other Advisors Graham + Sibbald

GDK International Limited, East, Kilbride, Glasgow

Acquisition of entire issued share capital of GDK International Limited by a newco backed by London-based investment firm, True Capital, with brand growth plans to scale further across the UK and accelerate growth across new markets internationally.
Food & Drink
Legal Advisors Vialex W.S. for Management of GDK, BTO for Shareholders of GDK, Jones Day for True Capital III LP
Corporate Finance Cavendish Corporate Finance (V)

Ryden LLP, Edinburgh

Acquisition of 75% of the membership interest in Ryden LLP by Lambert Smith Hampton Group Limited
Commercial Property - Commercial Property
Legal Advisors Vialex W.S. (V), Wordley Partnership (P)

AJOE Partners Ltd, Helensburgh

Acquisition of entire shareholding in MacInnes Tooling Limited by AJOE Partners Ltd
Other - Energy
Legal Advisors Vialex W.S. (P), MacGregor Thornton Ltd (V)
Accountants Scrutton Bland (P)

JWJ Bathgate Limited, Bathgate

The Sale of a former tyre retail/fitting industrial site by JWJ Bathgate Limited to Faro Property Group Limited
Commercial Property - Commercial Property
Legal Advisors Vialex W.S (V), Macgregor Thomson Limited (P)

McLaren Corrugate Limited, Port Glasgow

A deal between McLaren Packaging and VPK UK & Ireland, creating a 50/50 joint venture business under the name McLaren Corrugate Limited, serving the Scottish corrugated packaging market
Manufacturing
Legal Advisors Vialex W.S for McLaren Packaging Limited, Freeths LLP for VPK Packaging Limited

PJ’s Foods Limited, Glasgow

Advising Scotland’s leading sandwich manufacturer & distributor PJ’s Foods on its disposal to Tiffin Sandwiches, the UK’s largest, independent, national supply food to go manufacturer
Food & Drink
Legal Advisors Macdonald Henderson – Sellers / Andrew Jackson Solicitors - Purchaser
Accountants Consilium – Sellers
Corporate Finance Consilium – Sellers

HRM Group Holdings Limited, Kilmarnock

Purchase by HRM Group Holdings Ltd of the entire issued share capital in Real Care Agency Limited
Business Services
Legal Advisors Macdonald Henderson – Purchaser / Harper Macleod - Sellers

HP Transport (Scotland) Ltd, Hamilton

Advising on the disposal (to management) of Scottish logistic business HP Transport (Scotland) Ltd
Transport
Legal Advisors Macdonald Henderson – Sellers / Raeside Chisholm - Company

Gilmour Tools (Holdings) Limited, Larkhall

Sale of entire issued share capital of the company to Renovo Solutions Limited.
Manufacturing
Legal Advisors Macdonald Henderson – Sellers / Sintons Solicitors - Buyers

Camenir Group Limited, Glasgow

Advising the company on a buyout of founder shareholders
Manufacturing
Legal Advisors Macdonald Henderson – Company / Morton Fraser MacRoberts – Founder Shareholders
Accountants AAB – Accountants - Company

MOSS Mechanical On Site Services Limited, Aberdeen

ICR Integrity Limited (ICR), a leading global provider of maintenance, integrity, and repair solutions, has successfully completed the divestment of MOSS Mechanical On-Site Services Limited (MOSS) to Relay Engineering Limited, part of the Denholm Energy Services group.
Other - Energy
Legal Advisors Addleshaw Goddard (V); Burness Paull (P)
Accountants EY (V)
Corporate Finance EY (V)

Sadco Nursery Group (Shawlands) Ltd, Glasgow

The sale of Poppins Kindergarten, a well known nursery in the south side of Glasgow by the owner-operator to an established Nursery operator
Food & Drink
Legal Advisors Dallas McMillan (V); Miller, Beckett & Jackson (P)

Wallace Quinn Holdings Ltd, Glasgow

Management Buy-Out of the entire issued share capital of Wallace Quinn & Co Ltd and its subsidiary Wallace Quinn Nominees Limited
Business Services
Legal Advisors Bellwether Green Limited (P)
Corporate Finance Azets (P)

Dean’s of Huntly, Huntly

Acquisition of shortbread company Duncan’s of Deeside. Paul Duncan, co-owner and managing director of Duncan’s, will be staying with the combined businesses.
Food & Drink
Legal Advisors Burness Paull (P); McGinn Solicitors (V)
Corporate Finance DFD (P)

Quorum Cyber, Edinburgh

Acquisition of US-based Kivu Consulting, a cybersecurity firm specialising in incident response.
Technology - IT Services
Legal Advisors Mintz Levin Cohn Ferris Glovsky & Popeo (P); Lowenstein Sandler PC (V)
Corporate Finance Piper Sandler (V)

Restrata, Aberdeen

Investment by Scottish Equity Partners into operational resilience software and services provider.
Software
Corporate Finance PwC

The Tavern Bar Glasgow Ltd, Glasgow

The acquisition of the Tavern Bar, Tollcross, an established public house in Glasgow by The Tavern Bar Glasgow Ltd from SIL Property Limited including the transfer of the business and assets of the company and the property from which the public house trades
Food & Drink
Legal Advisors Dallas McMillan Solicitors (for the Buyer); McKee Campbell Morrison (for the Seller)
Accountants Callan Accountancy (for the Buyer)

Robertson Murdie Ltd, Edinburgh

The acquisition by Robertson Murdie Ltd, a newly launched Scottish law firm, of the business of Morgan Cunningham solicitors and all associated advice with regard to Law Society of Scotland compliance, corporate structure and governance, and banking, financing, and security aspects
Business Services
Legal Advisors Dallas McMillan Solicitors (for the Buyer)
Accountants Jeffrey Crawford & Co (for the Seller)

Turner Access Limited, Glasgow

The acquisition by Gamrie Holdings Limited of Turner Access Limited, the West of Scotland's leading scaffolding company from Turner & Co (Glasgow) Limited and connected financing and security aspects.
Construction
Legal Advisors Dallas McMillan Solicitors (for the Buyer); Vialex WS (for the Seller)
Accountants MTD Accountants (for the Buyer)

M Squared (Scotland) Ltd, Glasgow

The acquisition by a group company of M Squared (Scotland) Ltd, a leading owner-managed Scottish landscaping and contracting business, of EBS Construction Limited, an established construction firm based in Glasgow by way of the acquisition of the entire issued share capital of the target.
Construction
Legal Advisors Dallas McMillan Solicitors (for the Buyer); Cameron Pinkerton & Co (for the Sellers)
Accountants Gilliland and Co (for the Buyer); Stevenson & Kyles (for the Sellers)

McComb MacPherson & Co Limited, Milngavie

Sale of shares in McComb MacPherson & Co Limited to Donald, Campsie & Kinnessburn Limited
Business Services
Legal Advisors Bellwether Green Limited (V) Blackadders LLP (P)

Callan & Co (Glasgow) Limited, Glasgow

Sale of the entire issued share capital of Callan & Co (Glasgow) Limited
Software
Legal Advisors Bellwether Green Limited (V) Omnium Law Limited (P)

Callan & Co (Glasgow) Limited, Glasgow

Sale of the entire issued share capital of Callan & Co (Glasgow) Limited by OracleLaw Limited
Business Services
Legal Advisors Bellwether Green Limited (V) Omonium Law (P)

Hagmill Road Shed Limited, Coatbridge

A joint venture between Westerwood Properties and Wemyss Properties. Hagmill Road Shed Limited will undertake a 105,000 sq. ft. industrial and distribution development comprising four units located adjacent to the Shawhead Junction of the A8/A725
Commercial Property - Commercial Property
Legal Advisors Vialex W.S. for Wemyss Properties Limited. Aberdein Considine LLP for Westerwood Properties Limited
Corporate Finance Stephen Kay of CuthbertWhite

Epod Solutions Group, t/a Podfather, Edinburgh

POdfather, a cloud-based logistics software solution designed to streamline fleet operations, received £3.4m investment to further scale and internationalise the business, as well as support the rollout of its latest enterprise software solution.
Software
Legal Advisors MBM Commercial for Podfather
Investors / Lenders Maven Capital, British Business Bank
Other Advisors Burness Paull for Maven Capital

Nether Darley Wind Ltd, Turriff

Transfer of Business and Assets of ND Wind LLP to Nether Darley Wind Ltd
Renewables
Legal Advisors Bellwether Green Limited

Kee Solicitors Ltd, Glasgow

We advised law firm, Kee Solicitors Ltd, on the allotment and issue of shares to a new partner.
Business Services
Legal Advisors Harper Macleod LLP, Edinburgh (Vendor)

Kee Digital Media Ltd, Glasgow

We advised Kee Digital Media Ltd on the transfer of shares to Pixelat Ltd and K Investment Holdings Ltd.
Business Services
Legal Advisors Harper Macleod LLP, Edinburgh (Vendor)

Nevis Technology Ltd, Dyce

"We advised Vaisala Oyj on its acquisition of the entire issued share capital of Nevis Technology Ltd through its subsidiary company Vaisala Limited. Nevis Technology Ltd is a Scottish company which provides and maintains environmental monitoring systems and data portals."
Other - Energy
Legal Advisors Harper Macleod LLP, Edinburgh (Purchaser)

Edinburgh Biosciences Ltd, Edinburgh

We advised Mr Yuan on the purchase of shares in Edinburgh Biosciences Ltd. This included the preparation of a share purchase agreement.
Other - Technology
Legal Advisors Harper Macleod LLP, Edinburgh (Purchaser)

Edinburgh Biosciences Ltd, Edinburgh

We advised Mr Yuan on the loan of funds to Edinburgh Biosciences Ltd. This included the preparation of a loan agreement.
Other - Technology
Legal Advisors Harper Macleod LLP, Edinburgh (Lender)

Eco 3pl Limited, Glasgow

The purchase of the entire issued share capital of Omni Channel Fulfilment Limited by Eco 3pl Ltd.
Manufacturing
Legal Advisors Harper Macleod LLP (advising the buyer), Gannons Commercial Law (advising the seller)
Accountants Dickson & Co (advising the buyer)
Corporate Finance Chelsea Corporate

OLA Ltd, Glasgow

Sale of OLA Architects to management team
Software
Legal Advisors Harper Macleod LLP

Insignia Technolgies Ltd, North Lanarkshire

Equity Investment/Crowdfunding/Development Capital
Other - Technology
Legal Advisors Harper Macleod LLP

White Testing UK Limited, Edinburgh

Acquisition/Sale
Other - Technology
Legal Advisors Harper Macleod LLP
Accountants PTSG ELECTRICAL SERVICES LIMITED

Edinburgh Biosciences Ltd, Grangemouth

Technology
Software
Legal Advisors Harper Macleod LLP

Beta Bugs Limited, Edinburgh

Investment round in Biotechnology company Beta Bugs Limited, led by Tricaptial Angels Limited.
Other - Technology
Legal Advisors MBM Commercial advisers to Tricapital Angels

Revive Eco Limited, Glasgow

Investment round in sustainable chemical manufacturing company Revive Eco, led by Crowdcube.
Manufacturing
Legal Advisors MBM Commercial advisers to Crowdcube

Sisaltech Ltd., Midlothian

A funding round led by TRICAPITAL Angels, with backing from Scottish Enterprise has successfully raised a substantial six-figure investment for SisalTech.
Manufacturing
Legal Advisors MBM Commercial adviser for Tricapital Angels

Simul8 Corporation Ltd., Glasgow

Minitab LLC, a market leader in data analysis acquired Simul8 Corporation Ltd, a simulation software company based in Glasgow.
Software
Legal Advisors MBM Commercial adviser for Simul8 Corporation

The Bettii Pod Ltd., Banff

Investment in FemTech start-up The Betti Pod Ltd., led by angel syndicate Equity Gap with co-investment from Scottish Enterprise. Lifted Ventures also participated in the deal.
Other - Technology
Legal Advisors MBM Commercial advisor to Betti Pod

H2CHP Limited, Durham/Edinburgh/Aberdeen

TRICAPITAL Angels led alongside Sutainable Venture and Aberdeen's Net Zero in a £600,000 investment raised to support H2CHP.
Other - Technology
Legal Advisors MBM Commercial for TRICAPITAL Angels

CereProc, Edinburgh

MBM Commercial advised Edinburgh-based Cereproc, on its sale to US based AI platform, Capacity.
Software
Legal Advisors MBM Commercial

The Highland Council, Inverness

D&E Coaches sold to The Highland Council
Transport
Legal Advisors DWF
Accountants BDO

J&D Wilkie, Kirriemuir

J&D Wilkie completed the acquisition of Michelin Scotland Innovation Parc Limited
Manufacturing
Legal Advisors CMS

Aliter Capital, Glasgow

Acquisition of Serbus Limited by Aliter Capital and ITM Communications
Other - Technology
Legal Advisors DWF

Aliter Capital, Glasgow

Acquisition of BBS Law by Aliter Capital
Business Services
Legal Advisors Brown Jacobson

Astrak Global Limited, Kirkcaldy

Acquisition of West-Trak NZ Limited
Manufacturing
Legal Advisors Burness Paull
Investors / Lenders Inflexion

iomart group plc, Glasgow

Acquisition of the entire issued share capital of Kookaburra Topco Limited, the holding company for Atech Support Limited
Other - Technology

Premier Commercial Limited, Edinburgh

Sale of the entire issued share capital of Premier Commercial Limited to Brown & Brown MGA Holdco (UK) Limited
Business Services
Legal Advisors Bellwether Green Limited (V) Brown & Brown MGA Holdco (UK) Limited (P)

The Inch Cape Offshore Wind Farm, Edinburgh

PwC provided FDD and tax DD services for The Inch Cape Offshore Wind Farm to secure external financing for construction of a project
Renewables

Equinor, Aberdeen

PwC advised Equinor on their joint venture with Shell
Upstream Oil & Gas

ENI UK, Aberdeen

PwC provided capital markets advisory services to Ithaca Plc associated with its acquisition merger with Eni SpA
Upstream Oil & Gas

Ethos Energy, Aberdeen

FDD for the sale of Ethos Energy, a joint venture of Siemens Energy and Wood Plc, to One Equity Partners
Upstream Oil & Gas

Ethos Energy, Aberdeen

FDD for the sale of Ethos Energy, a joint venture of Siemens Energy and Wood Plc, to One Equity Partners
Upstream Oil & Gas

ASCO, Aberdeen

Acted as Debt Advisor to ASCO Group Limited (“ASCO”), on its first debt raise following Endless LLP’s (“Endless”) acquisition
Business Services

ABRDN, Edinburgh

Provided financial and tax due diligence, as well as tax structuring to Fintel Plc in their acquisition of Threesixty
Business Services

RJ McLeod, Glasgow

Advised the shareholders of RJ McLeod in their sale to OCU Group
Construction

North Star Shipping, Aberdeen

Support to North Star Shipping in relation to refinancing package
Business Services

Abrdn's European private equity division, Edinburgh

Sale of Abrdn's European private equity division to Patria Investments
Software

Edinburgh Airport Limited, Edinburgh

Supported in the sale of a majority stake in Edinburgh Airport Limited to Vinci
Transport

Stork UK, Glasgow

PwC advised Altrad on their acquisition of Stork UK Ltd, a leading provider of integrated industrial, mechanical, integrity and quality services to the industrial and energy sectors in the United Kingdom.
Manufacturing

AGS Airports, Glasgow

Supported AGS and their shareholders on a refinancing of AGS Airports (a group which comprises three regional airports, Glasgow, Airport and Southampton).
Transport

T&N Gilmartin, Fife

TLT advised Fife based contracting firm, T&N Gilmartin, on the transfer of its entire shareholding to an Employee Ownership Trust (EOT).
Other - Technology
Legal Advisors TLT

Dxcover, Glasgow

TLT advised Dxcover on a multimillion-pound investment from Eos Advisory, alongside SIS Ventures, University of Strathclyde, and Norcliffe Capital. It also involved investment from new investors including Investment Fund for Scotland (“IFS”) managed by Maven Capital Partners and delivered by the British Business Bank, as well as Macmillan Cancer Support.
Life Sciences
Legal Advisors TLT
Investors / Lenders Eos Advisory, SIS Ventures, University of Strathclyde, and Norcliffe Capital, Investment Fund for Scotland (“IFS”) managed by Maven Capital Partners and delivered by the British Business Bank and Macmillan Cancer Support.

McKinlay Kidd, Glasgow

TLT advised Glasgow-based tour operator McKinlay Kidd on its sale to an employee ownership trust
Other - Technology
Legal Advisors TLT

Robert P Slight & Sons, Edinburgh

TLT advised 76-year-old construction company Robert P Slight & Sons on its sale to an employee ownership trust (EOT).
Construction
Legal Advisors TLT

Enoteca Scotland Limited, Glasgow

BTO acted for Top Dough Limited (formerly Paesano Pizza Limited) in the sale of Enoteca Scotland Limited, the owner and operator of the Paesano Pizza and SUGO restaurants, to The DRG Group.
Food & Drink

Peter Vardy Group, Motherwell

BTO acted for the Peter Vardy Group in relation to the sale of the business and assets of certain of the Group’s motor dealerships in Aberdeen, Edinburgh and Motherwell and the sale of its shares in a related property company to Park’s Motor Group.
Retail

St Andrews Pharmaceutical Technology Ltd, St Andrews

Equity investment by two US angel investors into St Andrews Pharmaceutical Technology Ltd, a Scottish biotech research start-up.
Software
Legal Advisors Shoosmiths LLP - St Andrews Pharmaceutical Technology Ltd

E-Net Holdings Ltd, Edinburgh

Gilson Gray LLP acting for E-Net Holdings Ltd in the amendment and restatement of their £16m banking facility with Bank of Scotland (as represented by CMS) including a core debt and revolving credit facility.
Retail
Legal Advisors Gilson Gray

Citizen Ticket Limited, Edinburgh

Acting for Citizen Ticket in the investment from Bdev to Ciizen Ticket.
Software
Legal Advisors Gilson Gray

Morrison Community Care (South Queensferry) Devco Limited, South Queensferry

The sale of Morrison Community Care (South Queensferry) Devco Limited by Morrison Community Care (CCG2) Holdco Limited to Northcare (Scotland) Limited. The transaction involved a split signing and closing, with completion due to take place after development of care home facilities on the site.
Construction
Legal Advisors Shoosmiths LLP - Morrison Community Care (CCG2) Holdco Limited; Brodies LLP - Northcare (Scotland) Limited

Saw and Tooling Holdings Ltd, Edinburgh

Purchase of Saw and Tooling Limited
Retail
Legal Advisors Gilson Gray

Morrison Community Care (Anniesland) Devco Limited, Glasgow

The sale of Morrison Community Care (Anniesland) Devco Limited by Morrison Community Care (CCG) Holdco Limited to Care Concern Group. The transaction involved a split signing and closing, with completion due to take place after development of care home facilities on the site.
Construction
Legal Advisors Shoosmiths LLP - Morrison Community Care (CCG) Holdco Limited; Addleshaw Goddard - Care Concern Group

Faciam Solutions Limted, East Lothian

Sale of the entire issued share capital of Faciam Solutions Limited.
Technology - IT Services

Morrison Community Care (Penicuik) Devco Limited, Penicuik

The sale of Morrison Community Care (Penicuik) Devco Limited by Morrison Community Care (CCG) Holdco Limited to Care Concern Group. The transaction involved a split signing and closing, with completion due to take place after development of care home facilities on the site.
Construction
Legal Advisors Shoosmiths LLP - Morrison Community Care (CCG) Holdco Limited; Addleshaw Goddard - Care Concern Group

Morrison Community Care (Linlithgow) Devco Limited, Linlithgow

The sale of Morrison Community Care (Linlithgow) Devco Limited by Morrison Community Care (CCG) Holdco Limited to Care Concern Group. The transaction involved a split signing and closing, with completion due to take place after development of care home facilities on the site.
Construction
Legal Advisors Shoosmiths LLP - Morrison Community Care (CCG) Holdco Limited; Addleshaw Goddard - Care Concern Group

Faciam Solutions Limted, East Lothian

Purchase of the entire issued share capital of EHB Telecommunication Limited
Technology - IT Services
Legal Advisors Gilson Gray

MORRISON COMMUNITY CARE & REILLY VENTURES LTD, Glasgow

Advising on the incorporation and joint venture arrangements for newco, Morrison Community Care & Reilly Ventures Ltd.
Business Services
Legal Advisors Shoosmiths LLP - Reilly Ventures Limited
Investors / Lenders Reilly Ventures Limited

Artificial Lift Performance Limited, Edinburgh

The sale of Scottish company, Artificial Lift Performance Limited and US company, Artificial Lift Performance Inc, a provider of advanced analytics solutions for enhancing oil and gas production performance, to a Texas-based energy industry equipment provider, NASDAQ-listed ChampionX.
Software
Legal Advisors Shoosmiths LLP - Alexander Williams (majority shareholder of Artificial Lift Performance Limited); Burness Paull - ChampionX; Buchalter - US counsel for ALP
Corporate Finance Grant Thornton

Morrison Community Care & Reilly Ventures Ltd, Glasgow

Immediately following the completion of the acquisition of Priory CC117 from Magnus Care Holdings Limited, part of Care Concern Group, the parties then exchanged on a conditional sale agreement for Morrison Community Care & Reilly Ventures Ltd to sell Priory CC117 back to Care Concern Group, with completion to occur upon completion of development of the care home facility.
Construction
Legal Advisors Shoosmiths LLP - Morrison Community Care & Reilly Ventures Ltd; Addleshaw Goddard - Magnus Care Holdings Limited
Accountants AAB - Morrison Community Care & Reilly Ventures Ltd; RPGCC - Magnus Care Holdings Limited
Corporate Finance N/A
Investors / Lenders N/A
Other Advisors N/A

Morrison Community Care & Reilly Ventures Ltd, Glasgow

The acquisition by Morrison Community Care & Reilly Ventures (Enfield) Ltd of Priory CC117 Limited from Magnus Care Holdings Limited, part of the Care Concern Group. The transaction involved the Buyer acquiring the target immediately after it had acquired Geras Estates Limited, an SPV which held an existing care home asset which the Buyer will develop and sell on.
Construction
Legal Advisors Shoosmiths LLP - Morrison Community Care & Reilly Ventures Ltd (Buyer); Addleshaw Goddard - Magnus Care Holdings Limited (Seller)
Accountants AAB - Buyer; RPGCC - Seller
Corporate Finance N/A
Investors / Lenders N/A
Other Advisors N/A

GHS UK Holdings Limited, Glasgow

Acquisition by GHS UK Holdings Limited of the entire issued share capital held by the shareholders of Plastics Industries Limited.
Manufacturing
Legal Advisors Macdonald Henderson – GHS UK Holdings Limited
Accountants The Hansen Company – Plastics Industries Limited

2i Testing, Edinburgh

Co-advising with global law firm Stephenson Harwood (providing Scottish corporate and banking legal support), on Edinburgh-based 2i Testing’s acquisition of nFocus, the UK’s longest established testing consultancy
Software
Legal Advisors Stephenson Harwood – 2i Testing and Macdonald Henderson – 2i Testing

Thomas and Adamson International Limited, Edinburgh

Acquisition of Thomas and Adamson International Limited by Egis SA
Business Services

Cala Homes, Edinburgh

Investment firms Sixth Street Partners and Patron Capital have acquired Cala, a major UK housebuilder, from L&G for £1.35 billion
Construction
Legal Advisors Travers Smith (P), Slaughter and May (V)
Corporate Finance EY (P), Rothschild & Co (V)
Other Advisors Travers Smith - Property DD (P)

Kinesys Consulting Ltd, Glasgow

Acquisition of 100% share capital of Kinesys Consulting Ltd by Clinigen Limited
Life Sciences
Legal Advisors JMW (Vendor); Stevens Bolton (Buyer)
Accountants Baxter Tax (Vendor)
Corporate Finance EY LLP (Vendor)
Other Advisors Chiene and Tait LLP (Vendor)

The Pitreavie Group Limited, Cumbernauld

Macfarlane Group PLC announces the acquisition of The Pitreavie Group Limited (“Pitreavie”) for a maximum cash consideration of £18.0 million, including an earn-out of up to £4.0 million over two years. This earnings-enhancing acquisition demonstrates further progress in MacFarlane's strategy to build the Group’s protective packaging business through a combination of organic and acquisitive growth.
Manufacturing
Legal Advisors Burness Paull - Shareholders of Pitreavie. WJM - MacFarlane
Corporate Finance EY

Veracity UK Limited, Prestwick

Longacre Group International Ltd, the United Kingdom-based private equity firm, has acquired Veracity UK Ltd, the local manufacturer of surveillance storage systems. The terms of the deal were undisclosed.
Manufacturing
Legal Advisors WJM (V), Eversheds Sutherland (P)
Corporate Finance EY
Investors / Lenders Oaknorth
Other Advisors Longacre Group International Ltd PE acquirer

James Jones & Sons Limited, Larbert

James Jones & Sons, a family owned and managed forest products company, has announced the expansion of its Pallets & Packaging Division through the acquisition of HG Timber Limited. Based in Buckingham, UK, HG Timber supplies range of standard and bespoke pallets and timber products to packaging, food, pharmaceutical and manufacturing companies in the UK and Europe.
Manufacturing
Legal Advisors Brodies LLP for James Jones & Sons Ltd / Higgs LLP for the sellers of H.G. Timber Limited

James Jones & Sons Limited, Larbert

Brodies acted for James Jones & Sons Limited in its acquisition of the entire issued share capital of HG Timber Limited from its shareholders.
Manufacturing
Legal Advisors Higgs LLP (sellers)

Otter Ferry Land and Sea Limited, Scotland

Acting for the shareholders of Otter Ferry Land and Sea Limited in their sale to Norway based Amar Seafood.
Software

Exergy3 Limited, Edinburgh

Investment in Exergy3 Limited led by Zero Carbon Capital with participation from Old College Capital and Scottish Enterprise. Exergy3 offers modular thermal energy storage systems that convert green electricity into heat, which is then stored at ultra-high temperatures of up to 1300°C. The investment will enable the company to accelerate commercialisation of their product and innovation.
Renewables
Legal Advisors Brodies LLP (Old College Capital), Exergy3 Limited (MBM Commercial LLP), Scottish Enterprise (Burness Paull LLP), Zero Carbon Capital (Taylor Wessing LLP)

MiAlgae Limited, Edinburgh

Investment in MiAlgae Limited SWEN, Blue Ocean, Clay Capital and Rabo Ventures alongside existing investors Equity Gap, Old College Capital, Social Investment Scotland (SIS) Ventures, Ananke Ventures, Ascension Ventures, and Scottish Enterprise in the oversubscribed funding round.
Life Sciences
Legal Advisors Brodies LLP (Old College Capital), Scottish Enterprise (Old College Capital), MiAlgae Limited (Davidson Chalmers Stewart LLP)

Cytomos Limited, Edinburgh

Investment in Cytomos Limited led by Archangels with participation from Old College Capital, Scottish Enterprise and British Business Bank. New investment will allow the Edinburgh-based biotechnology company to drive sales of its first commercial product, Celledonia™, built on its cell-analysis technology platform AuraCyt.
HealthTech
Legal Advisors Brodies LLP (Old College Capital), Archangels (MBM Commercial LLP), Burges Salmon (Cytomos Limited), Scottish Enterprise (Burness Paull LLP)

uFraction8 Limited, Falkirk

Investment in uFraction8 Limited led by Foresight with participation from Old College Capital, Scottish Enterprise, Alwyn Capital and Thia Ventures. uFraction8 is commercialising a pioneering microfluidics-based technology that enables continuous bioprocessing of mammalian cell lines, stem cells and microalgae at scale. This funding will enable further technological development, commercialisation of the technology in Europe and North America and buildout of the team’s sales and manufacturing capabilities.
Life Sciences
Legal Advisors Brodies LLP (Old College Capital), RW Blears LLP (Foresight), Shepherd and Wedderburn (uFraction8 Limited), Scottish Enterprise (Brodies LLP)

Bruntsfield Holdings Limited, Edinburgh

We acted for the majority shareholder, Bruntsfield Holdings Limited, in the sale of the entire issued share capital of Bruntsfield Acquisitions Limited to Dutco Bruntsfield Holding Limited.
Other - Energy
Legal Advisors Brodies LLP (acted for majority Seller) / Carey Olsen (Guernsey law input for majority Seller) / Pinsent Masons (acted for the Buyer)
Corporate Finance HaysMac LLP (corporate finance, tax and accounting advice to Seller)
Investors / Lenders Bird & Bird (acted for the outgoing lender - Bank of Ireland) / TLT (acted for the incoming Lender - Natwest)
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