AGS Airports, Glasgow

Lead Advisor: PricewaterhouseCoopers  |  Date of deal completed: 04-04-2024

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

Lead Advisor: TLT  |  Date of deal completed: 15-05-2024

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

Lead Advisor: TLT  |  Date of deal completed: 30-01-2025

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

Lead Advisor: TLT  |  Date of deal completed: 29-08-2024

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

Lead Advisor: TLT  |  Date of deal completed: 26-09-2024

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

Lead Advisor: BTO Solicitors LLP  |  Date of deal completed: 31-05-2024

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

Lead Advisor: BTO Solicitors LLP  |  Date of deal completed: 31-12-2024

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

Lead Advisor: Shoosmiths LLP  |  Date of deal completed: 12-12-2024

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

Lead Advisor: Gilson Gray  |  Date of deal completed: 01-11-2024

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

Lead Advisor: Gilson Gray  |  Date of deal completed: 12-11-2024

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

Lead Advisor: Shoosmiths LLP  |  Date of deal completed: 30-08-2024

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

Lead Advisor: Gilson Gray  |  Date of deal completed: 30-10-2024

Purchase of Saw and Tooling Limited

Retail

Legal Advisors Gilson Gray

Morrison Community Care (Anniesland) Devco Limited, Glasgow

Lead Advisor: Shoosmiths LLP  |  Date of deal completed: 12-07-2024

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

Lead Advisor: Gilson Gray  |  Date of deal completed: 25-10-2024

Sale of the entire issued share capital of Faciam Solutions Limited.

Technology - IT Services

Morrison Community Care (Penicuik) Devco Limited, Penicuik

Lead Advisor: Shoosmiths LLP  |  Date of deal completed: 26-04-2024

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

Lead Advisor: Shoosmiths LLP  |  Date of deal completed: 12-07-2024

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

Lead Advisor: Gilson Gray  |  Date of deal completed: 11-10-2024

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

Lead Advisor: Shoosmiths LLP  |  Date of deal completed: 04-12-2024

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

Lead Advisor: Shoosmiths LLP  |  Date of deal completed: 26-02-2024

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

Lead Advisor: Shoosmiths LLP  |  Date of deal completed: 10-12-2024

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

Lead Advisor: Shoosmiths LLP  |  Date of deal completed: 10-12-2024

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

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 17-01-2025

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

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 05-02-2025

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

Lead Advisor: Grant Thornton  |  Date of deal completed: 01-04-2024

Acquisition of Thomas and Adamson International Limited by Egis SA

Business Services

Cala Homes, Edinburgh

Lead Advisor: Adviser  |  Date of deal completed: 31-10-2024

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

Lead Advisor: EY LLP - Adviser  |  Date of deal completed: 31-07-2024

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

Lead Advisor: EY  |  Date of deal completed: 13-01-2025

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

Lead Advisor: Adviser  |  Date of deal completed: 04-12-2024

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

Lead Advisor: Brodies LLP  |  Date of deal completed: 09-10-2024

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

Lead Advisor: Brodies LLP  |  Date of deal completed: 31-10-2024

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

Lead Advisor: Brodies LLP  |  Date of deal completed: 31-12-2024

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

Software

Exergy3 Limited, Edinburgh

Lead Advisor: Brodies LLP  |  Date of deal completed: 16-08-2024

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

Lead Advisor: Brodies LLP  |  Date of deal completed: 24-07-2024

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

Lead Advisor: Brodies LLP  |  Date of deal completed: 29-10-2024

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

Lead Advisor: Brodies LLP  |  Date of deal completed: 23-12-2024

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

Lead Advisor: Brodies LLP  |  Date of deal completed: 29-11-2024

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)

Edinburgh Airport Limited, Edinburgh

Lead Advisor: Brodies LLP  |  Date of deal completed: 25-06-2024

Brodies advised the global airport provider, VINCI Airports, on the £1.27bn acquisition by VINCI Airports of a majority stake in Edinburgh Airport from and joint venture with Global Infrastructure Partners. Brodies role was advising on Scots law matters and wider UK diligence on specialist topics, and input into the transaction documents. Brodies worked alongside lead counsel for VINCI Airports, Paul Hastings.

Infrastructure

Legal Advisors Paul Hastings LLP (lead legal advisors to buyer), Weil Gotshal & Manges LLP (legal advisors to seller), Travers Smith (legal advisors to management of Edinburgh Airport)

SWL Limited, Edinburgh

Lead Advisor: Brodies LLP  |  Date of deal completed: 04-12-2024

Acquisition by SWL Limited of the entire issued share capital of RTS Forestry Limited

Other - Energy

Legal Advisors Buyer – Brodies LLP / Sellers - Thorntons LLP
Corporate Finance Buyer – Johnston Carmichael / Seller - Azets

Taylor Defence Services Limited, Glasgow

Lead Advisor: Brodies LLP  |  Date of deal completed: 31-10-2024

The majority shareholding in Taylor Defence Services Limited and related companies was acquired by Swedish listed group Lifco AB. The Taylor Defence group introduces policies of insurance for general dental practitioners, dental care professionals, and corporate entities. Its contracted services ensure dental professionals are appropriately indemnified whenever their clinical performance is called into question.

Other - Energy

Legal Advisors Brodies LLP – for the shareholders of Taylor Defence Services Limited. Walker Morris – for Lifco AB
Corporate Finance Initium Corporate Finance – for the shareholder of Taylor Defence Services Limited.

Park's Motor Group, Hamilton

Lead Advisor: Brodies LLP  |  Date of deal completed: 31-12-2024

Purchase, from Peter Vardy Group, of motor dealerships in Aberdeen, Edinburgh and Motherwell, and a related property company.

Retail

Carrington Dean Group Limited, Glasgow

Lead Advisor: Addleshaw Goddard LLP  |  Date of deal completed: 04-02-2025

Sale of the business trading as Cleanslate being the provision and supervision of Trust Deeds and Debt Administration Schemes in Scotland carried on by Interpath

Business Services

Legal Advisors Addleshaw Goddard LLP

NeuroVLC Ltd, Glasgow

Lead Advisor: Vialex W.S. (Adviser)  |  Date of deal completed: 17-01-2024

Equity investment by members of the Apollo and Gabriel angel syndicates in NeuroVLC Ltd, which is a spin-out from the University of Strathclyde

Life Sciences

Legal Advisors Vialex W.S. acted for Apollo. TLT acted for NeuroVLC Ltd. Anderson Strathern acted for the University of Strathclyde.

Mask Logic Ltd, Edinburgh

Lead Advisor: Vialex W.S. (Adviser)  |  Date of deal completed: 25-06-2024

Equity investment in Mask Logic Ltd by members of the Apollo and Equity Gap syndicates, Old College Capital and Scottish Enterprise

HealthTech

Legal Advisors Vialex W.S acted for Mask Logic Ltd. WJM acted for Equity Gap

OGI Bio Ltd, Edinburgh

Lead Advisor: Vialex W.S (Adviser)  |  Date of deal completed: 03-05-2024

Equity investment in OGI Bio by members of the Apollo and Tricapital syndicates, Old College Capital and Scottish Enterprise

Life Sciences

Legal Advisors Vialex W.S acted for OGI Bio Ltd. Anderson Strathern acted for Tricapital. Brodies acted for Scottish Enterprise.

Fine Food Holdings Limited, Penicuik, Midlothian

Lead Advisor: Vialex W.S. (Adviser - Legal)  |  Date of deal completed: 25-10-2024

Sale of Fine Food Holdings Limited, the parent company of Clarks Speciality Foods Limited, to Lomond Fine Foods Limited

Food & Drink

Legal Advisors Vialex W.S. (V) Anderson Strathern (P)
Accountants Johnston Carmichael (P)

Substantive Research Limited, Edinburgh

Lead Advisor: Vialex W.S. (Adviser - Legal)  |  Date of deal completed: 16-09-2024

Sale of Substantive Research Limited to Euronext UK Holdings Limited

Fintech

Legal Advisors Vialex W.S. (V) Birketts LLP (P)
Corporate Finance Novitas FTCL (V)

Macsween of Edinburgh Limited, Edinburgh

Lead Advisor: A: Vialex W.S.  |  Date of deal completed: 25-06-2024

Sale of Macsween of Edinburgh Limited to Macallan Food Group Limited backed by CriSeren Foods Limited and others

Food & Drink

Legal Advisors Vialex W.S. (V) Acuity Law Limited (P)
Investors / Lenders Acuit Law Limited (investors) TLT LLP (RBS)

The Independent Family Funeral Directors Limited, Glasgow

Lead Advisor: A: Vialex W.S.  |  Date of deal completed: 13-09-2024

Sale of The Independent Family Funeral Directors Limited (Fosters) to Scotmid Holdings Limited

Retail

Legal Advisors Vialex W.S. (V) Dickson Minto (P)
Accountants Grant Thornton (V) BDO (P)
Corporate Finance KPMG (V) Deloitte (P)

Johnston Oils Limited, Edinburgh

Lead Advisor: L: Vialex W.S.  |  Date of deal completed: 13-09-2024

Acquisition of the business and assets of Connon Brothers Limited by Johnston Oils Limited

Other - Energy

Legal Advisors P: Vialex W.S. V: Burnett & Reid LLP

J Gas Limited, Bathgate

Lead Advisor: L: Vialex W.S.  |  Date of deal completed: 08-05-2024

Acquisition of the entire shareholding in Cardiff Gas Ltd by J Gas Limited

Other - Energy

Legal Advisors P: Vialex W.S V: Thrings LLP

Nami Surgical Limited, Glasgow

Lead Advisor: DC Consulting  |  Date of deal completed: 01-04-2024

DC Consulting assisted the company in obtaining equity investment.

Life Sciences

Investors / Lenders EOS Advisroy, Maven, SE & SIS Ventures

Wilkinson Travel Services Limited, Fife

Lead Advisor: L: Vialex W.S.  |  Date of deal completed: 10-09-2024

Sale of Wilkinson Travel Services to Outpost Overseas Ltd

Retail

Legal Advisors V: Vialex W.S. P: BTO
Accountants V: Dickson & Co. P: Jeffrey Crawford and Co.

Save & Invest (Group) Limited, Glasgow

Lead Advisor: L: Vialex W.S.  |  Date of deal completed: 29-10-2024

Sale of Save & Invest (Group) Limited to the Skerritts Group

Business Services

Legal Advisors V: Vialex W.S. P: Pinsent Masons
Accountants V: Chiene + Tait V: Johnston Carmichael - tax
Corporate Finance V: Chiene + Tait

Fife Auto Centre Ltd and Easityre Ltd, Fife

Lead Advisor: L: Vialex W.S.  |  Date of deal completed: 27-06-2024

Sale of Fife Auto Centre Ltd and Easityre Ltd to R&RC Bond Group

Retail

Legal Advisors V: Vialex W.S. P: Clarion Solicitors
Accountants V: EQ Chartered Accountants

Consilium AH Limited, Glasgow

Lead Advisor: L: Vialex W.S.  |  Date of deal completed: 31-01-2025

Sale of Consilium AH Limited to Dains Accountancy Group

Business Services

Legal Advisors V: Vialex W.S., P: CMS Cameron McKenna Nabarro Olswang LLP
Accountants V: Consilium P: DSW (tax) P: Dains
Corporate Finance V: Consilium P: Dains

Wealthflow Group Ltd, Edinburgh

Lead Advisor: L: Vialex W.S.  |  Date of deal completed: 28-06-2024

Sale of Wealthflow Group Ltd to AAB Wealth Limited

Business Services

Legal Advisors V: Vialex W.S. P: Addleshaw Goddard
Accountants V: Catalyst Partners Limited - corporate finance. V: Consilium AH Limited - tax
Corporate Finance V: Catalyst Partners Limited

Solutions Healthcare Limited, Glasgow

Lead Advisor: L: Vialex W.S  |  Date of deal completed: 01-02-2024

Sale of healthcare insurance broker, Solutions Healthcare Limited, to Ardonagh Advisory Broking Holdings Limited

Business Services

Legal Advisors V: Vialex W.S., P: Backhouse Jones Solicitors
Accountants V: McAllisters
Corporate Finance V: HNH Partners

Craigon Golf Limited, Perth

Lead Advisor: L: Vialex W.S.  |  Date of deal completed: 05-02-2024

Sale of golf tourism business by Craigon Golf Limited

Retail

Legal Advisors Vialex W.S (V), Davidson Chalmers Stewart (P)

AFG Media Ltd, Edinburgh

Lead Advisor: L: Vialex W.S.,  |  Date of deal completed: 01-11-2024

(i) the exit of long-term investment partner via a share buyback (ii) the refinancing of AFG's banking facilities and (iii) new equity arrangements for the founders following institutional exit

Retail

Legal Advisors Vialex W.S. (V), CMS (I), MFMac (L)

Entrust People Limited, Dundee

Lead Advisor: DC Consulting  |  Date of deal completed: 01-03-2024

DC Consulting assisted the company in securing debt funding

Business Services

Corporate Finance DC Consulting
Investors / Lenders FSE

Biotangents Limited, Penicuik

Lead Advisor: DC Consulting  |  Date of deal completed: 01-10-2024

DC Consulting assisted the company in obtaining equity investment.

Life Sciences

Corporate Finance DC Consulting

AIM Engineering and Fabrication Group Ltd, Falkirk

Lead Advisor: DC Consulting  |  Date of deal completed: 31-10-2024

DC Consulting assisted the company in securing debt funding

Manufacturing

Corporate Finance DC Consulting
Investors / Lenders Ultimate Finance

AIM Engineering and Fabrication Group Ltd, Falkirk

Lead Advisor: DC Consulting  |  Date of deal completed: 29-10-2024

DC Consulting assisted the company in obtaining equity investment

Manufacturing

Legal Advisors Wright, Johnston & Mackenzie LLP
Corporate Finance DC Consulting

Acquire X Limited, Aberdeen

Lead Advisor: DC Consulting  |  Date of deal completed: 01-04-2024

DC Consulting assisted the company in securing debt funding

Manufacturing

Corporate Finance DC Consulting
Investors / Lenders Close Brothers

All Timberlines Limited, Aberdeen

Lead Advisor: DC Consulting  |  Date of deal completed: 01-04-2024

DC Consulting assisted the company in obtaining equity investment.

Manufacturing

Corporate Finance DC Consulting

Dyneval Limited, Edinburgh

Lead Advisor: DC Consulting  |  Date of deal completed: 26-03-2024

DC Consulting assisted the company in securing debt funding

Other - Technology

Corporate Finance DC Consulting
Investors / Lenders Umi

SWL Ltd, Edinburgh

Lead Advisor: Johnston Carmichael  |  Date of deal completed: 03-12-2024

Scottish Woodlands' acquisition of RTS Forestry.

Business Services

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

MFMac, Edinburgh

Lead Advisor: Johnston Carmichael  |  Date of deal completed: 31-08-2024

The disposal of MFMac's wealth division to RBC Brewin Dolphin.

Business Services

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

Lomond Fine Foods Holdings Ltd, Glasgow

Lead Advisor: Johnston Carmichael  |  Date of deal completed: 25-10-2024

The acquisition of Clarks Speciality Foods by Lomond Fine Foods.

Food & Drink

Legal Advisors Anderson Strathern (P)

Oceanscan Holdings Ltd, Aberdeen

Lead Advisor: Johnston Carmichael  |  Date of deal completed: 18-10-2024

The disposal of Oceanscan to Venterra Ltd

Business Services

Legal Advisors Burness Paull (V); CMS (P)
Corporate Finance Johnston Carmichael (V); Piper Sandler (P)

Balmoral Group, Aberdeen

Lead Advisor: Johnston Carmichael  |  Date of deal completed: 28-06-2024

Balmoral Group's acquisition of The Marcliffe Hotel from the Spence family.

Business Services

Legal Advisors Blackwoods (P); Burness Paull (V)
Accountants AAB (V)

Unique System (UK) Ltd, Aberdeen

Lead Advisor: Johnston Carmichael  |  Date of deal completed: 02-05-2024

Unique Group's acquisition of Subsea Innovation Ltd from its parent Tekmar Group plc.

Other - Technology

Legal Advisors Pinsent Masons (P)

Meldrum House Estates Ltd, Oldmeldrum

Lead Advisor: Johnston Carmichael  |  Date of deal completed: 30-04-2024

The sale of Meldrum House Hotel & Golf Club by Meldrum House Estates to Apex Hotels.

Business Services

Legal Advisors Brodies (V)
Accountants Johnston Carmichael (V); Anderson Strathern (P)
Corporate Finance Johnston Carmichael (V)

CR Encapsulation Ltd, Aberdeen

Lead Advisor: Johnston Carmichael  |  Date of deal completed: 26-04-2024

The sale of CR Encapsulation to Trexon

Other - Technology

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

Heatcare Oil and Gas Holdings Limited, Aberdeen

Lead Advisor: Addleshaw Goddard LLP  |  Date of deal completed: 10-01-2025

Acquisition of entire share capital of Heatcare Oil and Gas Holdings Limited by Cardo (Scotland) Limited.

Downstream Oil & Gas

Legal Advisors Addleshaw Goddard LLP

Sisaltech Ltd, Roslin

Lead Advisor: Addleshaw Goddard LLP  |  Date of deal completed: 23-12-2024

Investment by Scottish Enterprise and angel syndicate TriCapital into Sisaltech Ltd

Manufacturing

Legal Advisors Addleshaw Goddard LLP

RaeburnFarquharBowen Ltd, Stirling

Lead Advisor: Bellwether Green Limited  |  Date of deal completed: 05-12-2024

The establishment of the RaeburnFarquharBowen Employee Ownership Trust and its acquisition of the entire issued share capital of RaeburnFarquharBowen Ltd

Agriculture

Legal Advisors Bellwether Green Limited
Corporate Finance Reference Point Advisory Limited
Other Advisors Ownership Associates UK, EOT Adviser

Solidcor Limited, UK

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 01-10-2024

Disposal of Solidcor, the UK manufacturer of fire rated door systems, to a trade buyer

Manufacturing

Legal Advisors Macdonald Henderson – Solidcor Limited / Porter Dodson - Buyer
Accountants Drummond Laurie – Solidcor Limited

NHC Group Holdings Limited, UK

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 29-10-2024

Advising private investor on an investment in NHC Group Holdings, supplier of nursing equipment, furniture and soft furnishings to care homes in the UK

Retail

Legal Advisors Macdonald Henderson – private investors / Endeavour Law – NHC Group Holdings
Accountants Drummond Laurie – private investors

Verum Wealth Ltd, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 01-01-2025

Purchase of Verum Wealth Ltd by Foster Denovo Group Ltd a UK multi award winning financial advisers.

Business Services

Legal Advisors Macdonald Henderson – Verum Wealth / Blake Morgan – Foster Denovo

Lucky Seven Slice Ltd, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 20-12-2024

The sale of shares by existing shareholders to founder member.

Food & Drink

Legal Advisors Macdonald Henderson – Buyer / Jamieson Law and MTL Law - Sellers

John Delaney Financial Planning, Renfrewshire

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 29-11-2024

Advising John Delaney Financial Planning, the well-established firm of financial planners on the disposal of its client portfolio to Quilter, PLC, the leading financial services company

Business Services

Legal Advisors John Delaney Financial Planning – Macdonald Henderson

Genesis OHS Ltd, Dumfries

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 29-10-2024

Advising Genesis OHS, the professional consultancy offering occupational and environmental health and safety services, on its acquisition of EcoSafety, the progressive health & safety and training provider

Life Sciences

Legal Advisors Macdonald Henderson – Genesis OHS / Turcan Connell – EcoSafety
Accountants Bell Ogilvy - Genesis OHS

Autoporto Limited, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 08-10-2024

Restructure of a five site Scottish parking group Autoporto, consolidating five subsidiaries into a single holding company structure, and securing stamp duty relief as part of the process.

Business Services

Legal Advisors Macdonald Henderson – Autoporto Limited
Accountants Consilium – Autoporto Limited

Wholesale Domestic Holdings Limited, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 24-10-2024

Advising one of the UK’s premier bathroom retailers Wholesale Domestic, on a share buyback from a private shareholder

Retail

Legal Advisors Macdonald Henderson – Wholesale Domestic
Accountants Consilium – Wholesale Domestic

Traveltek Group Holdings Limited, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 30-10-2024

Advising Juniper Group, part of Vela Software and Constellation Software Inc, the TSX-listed publicly traded global software company on the acquisition of Traveltek, the travel technology solutions provider

Technology - IT Services

Legal Advisors Juniper Group – Macdonald Henderson / Addleshaw Goddard – TravelTek

Scotland's Housing Network, Edinburgh

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 29-10-2024

Advising Scotland’s Housing Network, the membership organisation for local authority and housing association landlords on the acquisition of CD Consultancy, the regulation consultant

Business Services

Legal Advisors Macdonald Henderson – Scotland’s Housing Network / Anderson Strathern – CD Consultancy

Rex Pool Sales Ltd, Motherwell

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 29-10-2024

Advising Rex Pool Sales, Scotland's leading retailer of pool and snooker tables for the home, on a management buyout

Retail

Legal Advisors Macdonald Henderson – Rex Pool
Accountants Gordon Ferguson – Rex Pool

Pacitti Hamilton Ltd, Hamilton

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 02-10-2024

Acquisition of a co-founder’s shareholding in an established Scottish accountancy firm Pacitti Hamilton by the majority shareholder

Business Services

Legal Advisors Macdonald Henderson – Pacitti Hamilton Ltd / Morton Fraser MacRoberts – Cofounder

Oilfast Limited, Motherwell

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 28-10-2024

Advising Oilfast, the leading Scottish, independent fuel and lubricant supplier on a share buyout from a retiring key executive

Oil Services

Legal Advisors Macdonald Henderson – Oilfast Limited / Raeside Chisholm – private individual

Neuroclin Holdings Limited, Motherwell

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 29-10-2024

Advising a private shareholder on the disposal of shares in Neuroclin the independent research organisation, engaged in national and international research studies for treatments on Memory Impairment, Alzheimer’s disease and Dementia

Life Sciences

Legal Advisors Macdonald Henderson – private shareholder / Anderson Strathern - Foresight

Gravit8 HR, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 29-10-2024

Advising a departing executive on the disposal of his shareholding in a Scottish HR company (Gravit8 HR).

Business Services

Legal Advisors Macdonald Henderson – Private individual

Iolaire Group Holdings Limited, Auchterarder

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 08-11-2024

Advising Iolaire Financial, the chartered independent financial planning firm, based in Auchterarder, on a management buyout

Business Services

Legal Advisors Macdonald Henderson – Iolaire Financial
Accountants Drummond Laurie – Iolaire Financial

Home Furnishings (Solutions) Scotland, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 05-11-2024

Advising Home Furnishings (Solutions) Scotland on the disposal of its furniture rental business to The Perfect Group, the UK removals, storage & furniture services business.

Retail

Legal Advisors Macdonald Henderson - Home Furnishings (Solutions) Scotland / Barnes Roffe Legal – The Perfect Group

Henderson Stone & Co, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 25-10-2024

Advising Henderson Stone & Co, the Scottish financial planners on the disposal of its client portfolio to Quilter, PLC, the leading financial services company

Business Services

Legal Advisors Macdonald Henderson – Henderson Stone / Holmes MacKillop - Private Individuals
Accountants Beavis Morgan – Henderson Stone

Demco Group Limited, Peterhead

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 29-10-2024

Advising Demco, the leading cleaning products group, on the buyout of private shareholders

Retail

Legal Advisors Macdonald Henderson - Demco Group Ltd
Accountants UBTA Accountants – Demco Group Ltd

Atlas Winch & Hoist Services (Southern), Biggar

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 29-10-2024

Advising the shareholders of family business Atlas Winch & Hoist Services (Southern), the leading provider of winch hire and lifting equipment hire in the UK, to its sister company Atlas Winch & Hoist Services

Other - Energy

Legal Advisors Macdonald Henderson – shareholders of Atlas Winch & Hoist Services (Southern) / TLT - Atlas Winch & Hoist Services Limited / Morton Fraser MacRoberts LLP - RBS
Accountants Henderson & Company - shareholders of Atlas Winch & Hoist Services (Southern)

Turnkey IPS Insolvency, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 17-07-2024

Advising Turnkey IPS, the leading provider of software solutions to the insolvency industry, on an investment by Bowmark Capital, the mid-market private equity firm, partnering with the founding family to support the next stage of the company’s development

Software

Legal Advisors Turnkey IPS – Macdonald Henderson / Bowmark Capital – Stephenson Harwood
Corporate Finance Ryecroft Glenton – Turnkey Shareholders

Rosemount Asset Management Holdings Limited, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 30-08-2024

The sale of Rosemount Asset Management Holdings Limited to Foster Denovo Group Limited.

Business Services

Legal Advisors Macdonald Henderson – Rosemount Asset Management Holdings Limited / Blake Morgan – Foster Denovo Group Limited
Accountants Henderson & Company – Rosemount Asset Management Holdings Limited

Robert Boa Ironmonger Limited, Lanark

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 08-08-2024

Advising Lanarkshire based ironmongers Robert Boa on the exit of a shareholder/director, restructure of share capital and issue of shares for tax planning purposes

Retail

Legal Advisors Macdonald Henderson – Robert Boa
Accountants Gordon Ferguson accountants – Robert Boa