Scottish Enterprise/ Old College Capital, Edinburgh

Lead Advisor: Brodies LLP  |  Date of deal completed: 20-02-2023

Further investment round

Other

Robin Forsyth, Kilmarnock

Lead Advisor: Brodies LLP  |  Date of deal completed: 06-03-2023

): Robus purchased the entire share capital of Fusebox via their newly incorporated Scottish holding company, CP (Electric) Management Services Ltd from sole shareholder Robin Forsyth.

Manufacturing

Legal Advisors Reagan Wall for Robus L.E.D Lighting and Electrical Distribution Group Limited
Accountants AAB for Robin Forsyth and PKF for Robus L.E.D Lighting and Electrical Distribution Group Limited

Scottish Enterprise, Glasgow

Lead Advisor: Brodies LLP  |  Date of deal completed: 21-02-2023

Further investment in Liftango Limited by Scottish Enterprise by way of issue of convertible loan notes.

Transport

Legal Advisors RWB Blears LLP for Maven Capital

Old College Capital LP, Edinburgh

Lead Advisor: Brodies LLP  |  Date of deal completed: 01-03-2023

Equity investment into University of Edinburgh spin-out company, Rhizocore Technologies. Investment led by ReGen, with Old College Capital LP (subsidiary of University of Edinburgh) co-investing.

Life Sciences

Legal Advisors MBM Commercial LLP for Rhizocore Technologies Ltd

Deltatek Oil Tools Limited, Aberdeen

Lead Advisor: Brodies LLP  |  Date of deal completed: 08-02-2023

The Shareholders of Deltatek Oil Tools Limited sold the entire issued share capital in Deltatek Oil Tools Limited to Exploration and Production Services (Holdings) Limited.

Oil Services

Legal Advisors CMS for Exploration and Production Services (Holdings) Limited
Accountants Hutcheon Mearns

Management Team of Global Energy, Aberdeen

Lead Advisor: Brodies LLP  |  Date of deal completed: 06-02-2023

We acted for the management team of Global Energy (Engineering & Construction) Limited in the proposed disposal of 100% of the issued share capital in the company to SCF Partners and separately advised them on the legal aspects of the re-investment of certain of their proceeds from the disposal. The management team retained their positions and have retained a material interest in the group. Global Energy (Engineering & Construction) Limited are an integrated EPC contractor focused on the UK North Sea Brownfield Market. The Management Team sought out the specialist corporate advice of our team as we have been involved in a number of transactions advising management teams in transactions involving SCF Partners

Manufacturing

Legal Advisors Stronachs LLP for SCF Partners, Blackwood Partners LLP
Accountants Hutcheon Mearns (Corporate Finance)

Argyll and Bute Council, Kilmory

Lead Advisor: Brodies LLP  |  Date of deal completed: 06-03-2023

Purchase of Kintyre Care Centre

Other

Legal Advisors Gowling WLG for HC-One Limited and for HC-One Properties 2 Limited

Parklands Limited, Aberdeen

Lead Advisor: Brodies LLP  |  Date of deal completed: 01-03-2023

We acted for Parklands Limited in respect of the acquisition of two care homes from Craigard Homes (in administration).

Other

Legal Advisors Burges Salmon for Craigard Homes

AlbaCo Ltd (now Alba Bank Limited), East Kilbride

Lead Advisor: Brodies LLP  |  Date of deal completed: 24-02-2023

Confidential investor investing in challenger bank, AlbaCo Ltd (now Alba Bank Limited), to support and facilitate mobilisation.

Other

Gresham House Forest Growth & Sustainability LP, Perth

Lead Advisor: Brodies LLP  |  Date of deal completed: 04-06-2023

We are advising Gresham House Asset Management on further closings for its Gresham House Forest Growth & Sustainability Fund, with £200 million raised from investors including Scottish National Investment Bank. The fund's strategy aims to deliver sustainable capital growth through new productive woodland creation, whilst also providing exposure to income generating existing forestry. The fund aims to capture 1.3 million tonnes of CO2 over 20 years and aims to generate carbon credits in the form of Woodland Carbon Units (WCUs) which will create additional value or be used to offset carbon emissions on a voluntary basis.

Other

Gresham House British Sustainable Infrastructure Fund II, Guernsey

Lead Advisor: Brodies LLP  |  Date of deal completed: 04-06-2023

We advised Gresham House Asset Management on the successful further closings for its flagship sustainable infrastructure fund: Gresham House British Sustainable Infrastructure Fund II ('BSIF II'). BSIF II raised £150 million at second close. BSIF II invests in new Sustainable Infrastructure: real asset based solutions developed to address environmental and societal challenges. Specifically, it focuses on six sub-sectors where its Sustainable Infrastructure solutions have the potential for greatest impact and financial reward: resource efficiency; digital inclusion; waste solutions; regeneration; decarbonisation; health and education.

Infrastructure

Solutions Healthcare Limited, Glasgow

Lead Advisor: HNH Partners Limited  |  Date of deal completed: 31-01-2024

Acquisition of the leading healthcare insurance brokers, Solutions Healthcare Ltd, by The Ardonagh Group.

Business Services

Legal Advisors Vialex, vendor; Bankhouse Jones, buyside.
Corporate Finance HNH, vendor.

Weee Solutions Limited, Paisley

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 22-12-2023

Acting for the shareholders of WEEE Solutions, the independent waste electrical and electronic equipment recycler on the disposal of the company to Enva, the leading waste management and resource recovery business

Manufacturing

Legal Advisors Macdonald Henderson - Sellers; Pinsent Masons - Buyer
Accountants AAB - Sellers

Originel Ltd, Johnstone

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 07-12-2023

Advising Originel, the early stage software development company, on the raising of a term loan facility from The Reward Group to position the business for a new HR product launch and future growth

Software

Legal Advisors Macdonald Henderson - Company; Gillespie McAndrew - The Reward Group

Nexus Packaging Ltd, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 04-12-2023

Advising multi-generational Scottish family business Nexus Packaging on the facilities, banking and security aspects of a £4.1m facility provided by Royal Bank of Scotland plc, to finance the development of a new industrial warehouse to be used as a blow moulding factory in the West of Scotland.

Manufacturing

Legal Advisors Macdonald Henderson - Company; Building Law Practice LLP - Company; Brodies - Royal Bank of Scotland

Mclaggan Smith Mugs Limited, Alexandria

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 20-12-2023

Acting for (N4 backed) McLaggan Smith Mugs, specialising in the decorating and supply of bone china mugs, and other decorative products, in relation to the acquisition of Ceramicraft, a specialist in the supply of transfers for the decoration of ceramics

Manufacturing

Legal Advisors Macdonald Henderson - Company; RJS Solicitors - Sellers
Investors / Lenders N4 Investment Ltd

Link Cable Assemblies Ltd, Bellshill

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 12-12-2023

Advising Link Cable Assemblies, the Scottish manufacturer of bespoke cable assemblies, control panels and associated electronic components, in relation to a company buyback from a private shareholder

Manufacturing

Legal Advisors Macdonald Henderson - Company; Baird Legal - Individual/Shareholder

Harper Stairmand Limited, Perth

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 18-12-2023

Advising the founder shareholder in Harper Stairmand, the well- established Scottish insurance broker, on a part-disposal of shareholding to a leading UK consolidator

Business Services

Legal Advisors Macdonald Henderson – Shareholder/Individual; Morton Fraser MacRoberts - Buyer

Gordon Ferguson Holdings Limited, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 05-12-2023

Advising Gordon Ferguson, the growing Central Scotland accountancy firm on the acquisition of the client book, business, and assets of another Scottish accountancy firm

Other

Legal Advisors Macdonald Henderson - Company

GHI Contracts Holdings Ltd, Bellshill

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 29-11-2023

Advising leading Scottish fit-out and refurbishment specialist company GHI Contracts on the final tranche of a share buyback from founder shareholders, the culmination of a buyout process which commenced in 2017.

Construction

Legal Advisors Macdonald Henderson - Company

Filtec Group Ltd, Irvine

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 02-10-2023

Advising Scottish water filter refurbishment company Filtec Group on the buyback of shares held by private shareholder

Other

Legal Advisors Macdonald Henderson - Company

Fencepoint Holdings Ltd, Grangemouth

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 16-10-2023

Acting for a newly incorporated family-run company in the acquisition of the entire issued share capital of Fence & Decking a Fife-based timber merchant and ironmonger specialising in fencing and decking

Manufacturing

Legal Advisors Macdonald Henderson - Buyer; Andrew Baillie - Sellers
Accountants Drummond Laurie - Buyer

NeuroClin Ltd, Motherwell

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 04-10-2023

Advising NeuroClin Ltd, the pioneering neurological research organisation headquartered at Eurocentral, Scotland’s leading industrial and business hub on the completion of a seven figure investment by N4 Partners.

Life Sciences

Legal Advisors Macdonald Henderson - NeuroClin Ltd/Private Individual; Anderson Strathern - Investors
Investors / Lenders N4 Investments Limited

AWMS Engineering Ltd, Airdrie

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 18-12-2023

Acting for a private shareholder in AWMS, the Scottish engineering services business, in relation to a share buyback

Manufacturing

Legal Advisors Macdonald Henderson - private shareholder
Accountants Libratum Accountancy

Freeflow Technologies Limited, Glasgow

Lead Advisor: Chiene + Tait LLP (t/a CT) - Advisor  |  Date of deal completed: 19-05-2023

Equity investment into Freeflow Technologies, a designer & manufacturer of E-Bike technology.

Other - Technology

Corporate Finance Chiene + Tait LLP (t/a CT), acting for Freeflow Technologies Limited.
Investors / Lenders Kelvin Capital Limited, Seedrs

FORTH POINT ANALYTICS LIMITED, Edinburgh

Lead Advisor: Chiene + Tait LLP (t/a CT) - Advisor  |  Date of deal completed: 28-02-2023

Acquisition of Forth Point Analytics Limited by Blend360 International Holdings LLC.

IT

Legal Advisors MBM Commercial LLP, acting for Forth Point Analytics Limited.
Corporate Finance Chiene + Tait LLP (t/a CT), acting for Forth Point Analytics Limited.
Other Advisors Chiene + Tait LLP (t/a CT), acting for Forth Point Analytics Limited (tax advisors).

B & D 2010 GROUP LIMITED, Glasgow

Lead Advisor: Chiene + Tait LLP (t/a CT) - Advisor  |  Date of deal completed: 02-10-2023

Acquisition of B&D 2010 Group by Macfarlane Group UK Limited.

Transport

Legal Advisors Wright, Johnston & Mackenzie LLP, acting for Macfarlane Group UK Limited. Davidson Chalmers Stewart LLP, acting for B&D 2010 Group.
Corporate Finance Chiene + Tait LLP (t/a CT), acting for B&D 2010 Group

Re-Tek (UK) Limited, Glasgow

Lead Advisor: Chiene + Tait LLP (t/a CT) - Advisor  |  Date of deal completed: 12-01-2024

Circular IT group's acquisition of Re-Tek (UK) Limited.

IT

Accountants Hill Dickinson LLP, acting for Circular IT Group. BTO Solicitors LLP, acting for Re-Tek (UK) Limited
Corporate Finance Chiene + Tait LLP (t/a CT), acting for Re-Tek (UK) Limited

Tritonia Scientific Ltd, Oban

Lead Advisor: Harper Macleod  |  Date of deal completed: 27-10-2023

We advised the shareholders of Tritonia Scientific Ltd on the sale of 51% of the shares in the company to Ocean Ecology Limited.

Other

Legal Advisors Harper Macleod LLP, Glasgow (Vendors) and Harrison Clark Rickerbys, Cheltenham (Purchaser)
Accountants Ainsley Smith & Co, Oban (Vendors)

UWS Drinks Ltd, Glasgow

Lead Advisor: Harper Macleod  |  Date of deal completed: 06-10-2023

Joint Venture between UWS Drinks, XIX Vodka Ltd and online Influencers Sidemen via their venture company Sidemen Ventures Limited for the development and commercialisation of a celebrity endorsed premium alcohol and non-alcoholic drinks business.

Food & Drink

Legal Advisors Harper Macleod
Other Advisors Sheridans LLP

Dalcross Holdings, Inverness

Lead Advisor: Harper Macleod  |  Date of deal completed: 18-10-2023

We advised John MacCallum and Niall Scoular on the sale of their shares in the Dalcross group, which provides ground handling and other aviation services, to Skytanking UK Ltd.

Transport

Legal Advisors Harper Macleod LLP

Formedix Limited, Glasgow

Lead Advisor: Harper Macleod  |  Date of deal completed: 10-10-2023

Certara, Inc. (Nasdaq: CERT) today announced it has acquired Formedix, a provider of clinical metadata repository and clinical trial automation software. The acquisition enhances the Certara Pinnacle 21 data standardization platform used to prepare and standardize clinical data for analysis and regulatory submissions.

Other - Technology

Legal Advisors Harper Macleod LLP, Shoosmiths LLP, Troutman Pepper Hamilton Sanders LLP, Amy Mastrobattista Law Offices, Burness Paull LLP
Accountants DAC Beachcroft
Corporate Finance Covington Associates
Other Advisors JP Morgan Escrow Services

Jean and Martine Donnay, Majorca, Spain

Lead Advisor: Harper Macleod LLP  |  Date of deal completed: 13-10-2023

Sale of assets relating to a distillery project by Jean and Martine Donnay to Chivas Brothers Limited

Food & Drink

Legal Advisors Harper Macleod LLP - 1st Party Mayer Brown International LLP and Shepherd & Wedderburn - 2nd party (S+W Glasgow)

European Fermentation Products Limited, Glasgow

Lead Advisor: Harper Macleod  |  Date of deal completed: 16-11-2023

Sale of the business and certain assets of Rainbow Dust Colours Limited to European Fermentation Products Limited (forming part of the Albex Group).

Food & Drink

Legal Advisors Harper Macleod LLP, Glasgow (Purchaser). Walker Morris LLP, Leeds (Vendor)

STIRLINGSHIRE VENDING (SCOTLAND) LIMITED, ALLOA

Lead Advisor: Harper MacLeod  |  Date of deal completed: 31-10-2023

"UK-based Lavazza Professional has acquired Scottish vending machine operator SV24-7 Vending for an undisclosed sum. SV24-7, a Clackmannanshire-based family business with more than 60 years experience in the vending industry, primarily provides vending and office coffee services for the Scottish education, healthcare and government sectors. Alongside a range of bean to cup and instant self-serve coffee machines, SV24-7's wholesale division provides coffee, tea, milk, sugar and coffee cup packaging to customers across Glasgow, Edinburgh and Tayside."

Food & Drink

Legal Advisors Harper Macleod LLP
Other Advisors Freeths LLP

Dayshape Software Limited, Edinburgh

Lead Advisor: HNH Partners Limited  |  Date of deal completed: 13-04-2023

Investment in Edinburgh-based resource management software vendor, supported by Cow Corner.

Software

Legal Advisors Dickson Minto, vendor; Shoosmiths, investor.
Corporate Finance HNH, vendor.
Investors / Lenders Cow Corner.

Forecast Data Services, Edinburgh

Lead Advisor: HNH Partners Limited  |  Date of deal completed: 09-05-2023

Acquisition of Edinburgh-based leader in providing clients with further access to leading data science and analytics talent and world class, data-driven solutions, by Kin + Carta plc.

Other - Technology

Corporate Finance HNH, vendor.

Aqualife Services Limited, Stirling

Lead Advisor: HNH Partners Limited  |  Date of deal completed: 31-07-2023

Investment in Stirling-based aquaculture welfare experts, Aqualife, supported by Bimeda UK and other private investors.

Life Sciences

Legal Advisors Addleshaw Goddard, vendor.
Corporate Finance HNH, vendor.

Sidey Limited, Perth

Lead Advisor: HNH Partners Limited  |  Date of deal completed: 13-07-2023

Acquisition of the leading, Perth-based, windows and doors manufacturer, by Inwido AB.

Manufacturing

Legal Advisors Brodies, vendor; Dentons, purchaser.
Corporate Finance HNH, vendor.

Realise Energy Services Limited, Perth

Lead Advisor: HNH Partners Limited  |  Date of deal completed: 11-09-2023

Investment in technical engineering specialist which maintains over 200 onshore wind turbines across the UK via the provision of remote monitoring, scheduled and unscheduled inspection and maintenance services, supported by Rockpool Investments.

Renewables

Legal Advisors Macroberts, vendor; Stevenson Harwood, investor.
Corporate Finance HNH, vendor.
Investors / Lenders Rockpool Investments.

Carbon Capture Scotland Limited, Dumfries

Lead Advisor: HNH Partners Limites  |  Date of deal completed: 27-04-2023

Investment in Dumfries-based net-zero carbon capture energy specialist, supported by The Steyn Group.

Renewables

Legal Advisors Thorntons, vendor; Addleshaw Goddard, investor.
Corporate Finance HNH, vendor.
Investors / Lenders The Steyn Group

Bullet Express Limited, Glasgow

Lead Advisor: HNH Partners Limited  |  Date of deal completed: 16-10-2023

Logistics and storage company, Bullet Express, acquired in Private Equity-backed MBO, supported by Panoramic Growth Equity and Maven Capital Partners.

Business Services

Legal Advisors BTO, vendor; Addleshaw Goddard, buyside.
Corporate Finance HNH, vendor.
Investors / Lenders Panoramic Growth Equity, Maven Capital Partners.

Carbon Financial Partners Limited, Perth

Lead Advisor: HNH Partners Limited  |  Date of deal completed: 30-11-2023

Acquisition of leading IFA, by Progeny Group.

Business Services

Legal Advisors Clarke Wilmott, vendor; Squire Patton Boggs, purchaser.
Corporate Finance HNH, vendor.

Xelect Limited, St Andrews

Lead Advisor: HNH Partners Limited  |  Date of deal completed: 30-11-2023

Acquisition of the leading independent experts in genetic services for aquaculture, by Genus plc.

Life Sciences

Legal Advisors Thorntons, vendor; Burges Salmon, purchaser.
Corporate Finance HNH, vendors.

1nhaler, Edinburgh

Lead Advisor: MBM Commercial  |  Date of deal completed: 27-11-2023

1nhaler, an Edinburgh, Scotland, UK-based drug delivery device developer, has raised £2M in funding.

HealthTech

Legal Advisors MBM Commercial for Archangels
Investors / Lenders Archangels with support from Dr Yusuf Hamied, British Business Investments (BBI) and seed investors.

Mocean Energy, Aberdeen/Edinburgh

Lead Advisor: MBM Commercial  |  Date of deal completed: 13-11-2023

£2.2 million new equity alongside a £500,000 grant. Equity from Equity Gap, Scottish Enterprise and Old College Capital alongside new shareholders Norwegian impact investors Katapult Ocean and MOL PLUS, the corporate venture capital arm of listed Japanese shipping conglomerate MOL.

Renewables

Legal Advisors MBM Commercial for Mocean Energy
Investors / Lenders Equity Gap, Scottish Enterprise and Old College Capital alongside new shareholders Norwegian impact investors Katapult Ocean and MOL PLUS, the corporate venture capital arm of listed Japanese shipping conglomerate MOL.

C J Lang, Dundee

Lead Advisor: MBM Commercial  |  Date of deal completed: 06-10-2023

CJ Lang acquired ScotFresh chain

Retail

Legal Advisors MBM Commercial for C J Lang

Hamilton Waste & Recycling, Edinburgh

Lead Advisor: MBM Commercial  |  Date of deal completed: 24-11-2023

Acquisition by Biffa

Business Services

Legal Advisors MBM Commercial for Hamilton Waste

Carcinotech, Edinburgh

Lead Advisor: MBM Commercial  |  Date of deal completed: 22-12-2024

£4.2 m investment, Eos Advisory led the investment alongside the Investment Fund for Scotland, Scottish Enterprise, Old College Capital, Investing Women Angels, and existing investors TRICAPITAL, SIS Ventures, Gabriel Investment Syndicate and Alba Equity. It is also the first equity deal from the £150m Investment Fund for Scotland, through appointed fund managers Maven, on behalf of the British Business Bank.

Life Sciences

Legal Advisors MBM Commercial
Investors / Lenders EOS, Invetment Fund for Scotland, Scottish Enterrpsie, OCC, Investing Women Angels, TRI CAPITAL, SIS, Gabriel and Alba Equity

M&Co, Glasgow

Lead Advisor: Grant Thornton  |  Date of deal completed: 28-02-2023

Acquisition of the brand of M&Co by AK Retail Holdings Limited

Retail

Deans Holdco Limited, Glasgow

Lead Advisor: Grant Thornton  |  Date of deal completed: 31-10-2023

Sale of Deans Holdco Limited to RSK Environment Ltd

Construction

3F Bio Limited, Glasgow

Lead Advisor: Grant Thornton  |  Date of deal completed: 31-08-2023

Minority investment in 3F Bio Limited (t/a ENOUGH) by WF World Fund Management GmbH. ENOUGH is a food-tech company with technology to grow a sustainable source of food protein, tackling the combined issues of feeding a growing global population and the unsustainable impact of traditional protein farming. ENOUGH is building the world's largest mycoprotein factory which will initially grow 10,000 tonnes per annum and which targets production of over a million tonnes cumulatively within 10 years of its launch in February 2023.

Food & Drink

Helensburgh Motor Holdings Limited, Helensburgh

Lead Advisor: Bellwether Green Limited  |  Date of deal completed: 20-12-2023

Employee Ownership Trust purchase of the entire share capital of Helensburgh Motor Holdings Limited.

Retail

Legal Advisors Bellwether Green Limited

Clyde Property Limited, Glasgow

Lead Advisor: Bellwether Green  |  Date of deal completed: 21-11-2023

Sale of assets relative to the letting agency in Ayr operated by Clyde Property Limited to Lomond Estate Agents Limited

Other

Legal Advisors Bellwether Green, Seller Wallace Hodge Solicitors, Buyer

Dieselec Holdings Limited, Milngavie

Lead Advisor: Bellwether Green Limited  |  Date of deal completed: 01-11-2023

Purchase of the entire issued share capital of Dieselec Holdings Limited

Other

Legal Advisors Bellwether Green Limited

Kirkstone Holdings (Scotland) Limited, Livingston

Lead Advisor: Pinsent Masons LLP  |  Date of deal completed: 31-07-2023

The Property Team recently completed the sale of two industrial units in Livingston for our client, Kirkstone Holdings (Scotland) Limited, for a combined consideration of over £7m.

Other

40 Princes Street, Edinburgh

Lead Advisor: Pinsent Masons LLP  |  Date of deal completed: 14-08-2023

Pinsent Masons completed the purchase of 40 Princes St, Edinburgh (a large multi-let retail and office building which is home to Princes Street’s H&M store) for Remake Live SCPI (a French retail investment fund), for £29.5m

Other

Legal Advisors Dentons

abrdn plc, Edinburgh

Lead Advisor: Pinsent Masons LLP  |  Date of deal completed: 01-09-2023

Pinsent Masons is advising global investment company, abrdn plc, on the agreement to sell its discretionary fund management (DFM) business, abrdn Capital, to LGT.

Business Services

Legal Advisors Evercore, PwC, White & Case

Ross-shire Engineering Limited, Ross-shire, Inverness

Lead Advisor: Pinsent Masons LLP  |  Date of deal completed: 25-08-2023

Pinsent Masons has advised MML Capital Partners Fund 8 on its minority investment in Ross-shire Engineering Limited, which included the rollover investment by existing management. Ross-shire Engineering Limited is the UK's leading technology provider to the water industry. It specialises in the design, manufacture and maintenance of water treatment plants. MML is a longstanding PE client of the firm, with this representing the first transaction for its new partnership fund and one of MML’s largest deals based on the (confidential) EV of £180 million.

Other - Technology

Legal Advisors Stronachs, Wright Johnston Mackenzie and Harper Macleod.
Corporate Finance DC Advisory

HFD Group, Glasgow

Lead Advisor: Pinsent Masons LLP  |  Date of deal completed: 04-07-2023

Pinsent Masons has advised on the reorganisation of HFD Group, seeing a sizeable element of its property investment portfolio returned to shareholders

Other

Castle Game (Scotland) Ltd, South Queensferry

Lead Advisor: Harper Macleod  |  Date of deal completed: 12-07-2023

HM assisted founder Andrew Smith in selling his shareholding in Castle Game (Scotland) Ltd

Food & Drink

Legal Advisors Harper Macleod LLP

Calcluth & Sangster (Insurance Brokers) Limited, Glasgow

Lead Advisor: Harper Macleod  |  Date of deal completed: 11-09-2023

HM assisted Stuart McGregor in selling his shareholding in Calcluth & Sangster (Insurance Brokers) Limited to Greenwood Moreland, part of JMG Group.

Business Services

Legal Advisors Harper Macleod LLP (Glasgow, for the Vendor) MacRoberts (Glasgow, for the Purchaser)
Accountants Milne Craig

Truly Independent Ltd, Edinburgh

Lead Advisor: Harper Macleod  |  Date of deal completed: 14-07-2023

HM acted for Andrew Goodwin on a significant investment by Marlborough Group into Truly Independent Ltd.

Business Services

Legal Advisors Harper Macleod LLP (Glasgow, for the Vendor) Panone Corporate (Manchester, for the Investor)

Highland Jet Centre Limited, Inverness

Lead Advisor: Harper Macleod  |  Date of deal completed: 03-08-2023

We advised Highland Jet Centre Limited on the redemption of 89,500 preference shares held by various shareholders.

Transport

Legal Advisors Harper Macleod LLP

Pump Action Limited, Edinburgh

Lead Advisor: Harper Macleod  |  Date of deal completed: 08-09-2023

We advised various shareholders on the sale of 50% of their stake in Pump Action Limited to Nevis Capital.

Manufacturing

Legal Advisors Harper Macleod LLP

Highland Jet Centre Limited, Inverness

Lead Advisor: Harper Macleod  |  Date of deal completed: 11-09-2023

We advised Highland Jet Centre Limited on the redemption of 17,500 preference shares held by an individual shareholder.

Software

Legal Advisors Harper Macleod LLP

McMillan Leisure Limited, Inverness

Lead Advisor: Harper Macleod  |  Date of deal completed: 05-07-2023

We advised Smartguide Travel Ltd on its sale of shares in McMillan Leisure Limited to various other shareholders.

Other

Legal Advisors Harper Macleod LLP

Kee Solicitors Ltd, Glasgow

Lead Advisor: Harper Macleod  |  Date of deal completed: 19-09-2023

We advised Kee Solicitors Ltd on its reconstruction. This included a sub-division of shares, a re-designation of shares and an allotment of shares. We also prepared a new shareholders' agreement among Kee Solicitors Ltd and its shareholders.

Business Services

Legal Advisors Harper Macleod LLP

Reath Technology Ltd, Edinburgh

Lead Advisor: Harper Macleod  |  Date of deal completed: 04-07-2023

Equity Investment of circa £25,000 into the Company from a private individual

Other - Technology

Legal Advisors Harper Macleod

UWS Drinks Ltd, Glasgow

Lead Advisor: Harper Macleod  |  Date of deal completed: 06-10-2023

Joint Venture between UWS Drinks, XIX Vodka Ltd and online Influencers Sidemen via their venture company Sidemen Ventures Limited for the development and commercialisation of a celebrity endorsed premium alcohol and non-alcoholic drinks business.

Food & Drink

Legal Advisors Harper Macleod LLP
Other Advisors Sheridans LLP

Housing Growth Partnership & Gylemuir (Brown) Limited, Dundee

Lead Advisor: Burness Paull LLP  |  Date of deal completed: 11-09-2023

We acted for Housing Growth Partnership on its investment alongside Gylemuir (Brown) Limited into Two (PBSA) Holding LLP for the purposes of carrying out the development of a 160-bed purpose-built student accommodation development in Dundee

Construction

Legal Advisors Burness Paull for HGP. RD legal for Gylemuir

Crown Parks (Seaton) Limited, Arbroath

Lead Advisor: Harper Macleod  |  Date of deal completed: 30-06-2023

Sale of Marlee Gardens business by Crown Parks (Seaton) Limited

Other

Legal Advisors Harper Macleod LLP, Edinburgh (Seller), Trainor Alston, Coatbridge (Purchaser)

Dobbie Optometrists Limited, Ayr

Lead Advisor: Harper Macleod  |  Date of deal completed: 31-07-2023

Sale of shares in Dobbie Optometrists Limited to HO2 Management Limited

Other

Legal Advisors Harper Macleod LLP, Edinburgh & Black Hay, Solicitors, Prestwick (Seller), HO2 Management Limited (in house), Darwen (Purchaser)

the shareholders of Blacktrace Holdings Limited (including Maven Capital Partners), Glasgow/Edinburgh

Lead Advisor: Burness Paull  |  Date of deal completed: 24-07-2023

We advised the shareholders of Blacktrace Holdings Limited (including Maven Capital Partners) on the sale of the Company to Unchained Labs UK Malvern Lit, a portfolio company of Carlyle's flagship North American buyout fund

Life Sciences

Legal Advisors Burness Paull for the sellers, Cooley (London) for the buyers
Accountants Deloitte provided some tax structuring advice to the sellers.

The Teasmith Spirit Company Limited, Ellon

Lead Advisor: Harper Macleod  |  Date of deal completed: 02-08-2023

Asset sale of the Teasmith brand

Food & Drink

Legal Advisors Harper Macleod LLP, Edinburgh (Seller), McKee Campbell Morrison Solicitors (Purchaser)

Best2Lets (sole trader), Glasgow

Lead Advisor: Harper Macleod  |  Date of deal completed: 30-08-2023

Acquisition of Best2Lets

Other

Legal Advisors Harper Macleod LLP, Edinburgh (Purchaser), Sturrock Armstrong & Thomson Solicitors, Edinburgh (Seller)

Highland Spring, Perthshire

Lead Advisor: Burness Paull  |  Date of deal completed: 31-08-2023

We advised Highland Spring Limited on their sale of the business and assets at their water abstraction and bottling site in Blaen Twyni, Swansea.

Food & Drink

Legal Advisors Burness Paull for the Vendor

Dalcross Group, Inverness

Lead Advisor: Harper Macleod  |  Date of deal completed: 18-10-2023

We advised John MacCallum and Niall Scoular on the sale of their shares in the Dalcross group, which provides ground handling and other aviation services, to Skytanking UK Ltd.

Transport

Legal Advisors Harper Macleod

STV, Glasgow

Lead Advisor: Burness Paull  |  Date of deal completed: 06-07-2023

We advised STV on the acquisition of Greenbird Media, a network of 15 independent production companies, for an initial cash consideration of £21.4m

Creative

Legal Advisors Burness Paull for STV
Accountants KPMG

Formedix Ltd, Glasgow

Lead Advisor: Harper Macleod  |  Date of deal completed: 10-10-2023

Certara, Inc. (Nasdaq: CERT) today announced it has acquired Formedix, a provider of clinical metadata repository and clinical trial automation software. The acquisition enhances the Certara Pinnacle 21 data standardization platform used to prepare and standardize clinical data for analysis and regulatory submissions.

HealthTech

Legal Advisors Harper Macleod LLP, Shoosmiths LLP, Troutman Pepper Hamilton Sanders LLP, Amy Mastrobattista Law Offices, Burness Paull LLP
Accountants DAC Beachcroft
Corporate Finance Covington Associates
Other Advisors JP Morgan Escrow Services

Asco, Aberdeen

Lead Advisor: Burness Paull LLP  |  Date of deal completed: 08-08-2023

We advised Asco, an energy logistics business headquartered in Aberdeen on its sale to UK-based private equity firm, Endless.

Oil Services

Legal Advisors Burness Paull advised the vendor (Asco), Ashurst advised the purchaser (Endless)
Corporate Finance Asco was advised by Piper Sandler

N/A, N/A

Lead Advisor: DEAL NOT TO BE DISCLOSED  |  Date of deal completed: 06-11-2023

N/A

Food & Drink

Verso Wealth Management (a Cairngorm Capital investee com, Edinburgh/Hamilton

Lead Advisor: Burness Paull LLP  |  Date of deal completed: 25-09-2023

We advised Verso Wealth Management on its acquisition of Heathfield Partnership, a financial advisory business based in Hamilton.

Other

Legal Advisors Burness Paull advised the Purchaser, Macdonald Henderson adviser the Vendor

Ross-shire Engineering Limited, Inverness

Lead Advisor: Harper Macleod LLP  |  Date of deal completed: 18-08-2023

The acquisition by Broadway Bidco Limited of the entire issued share capital of Ross-shire Engineering Limited. Harper Macleod LLP acted for the Dallas family group of shareholders in relation to the sale. The Dallas family's consideration was partly in cash and partly equity issued in Broadway Topco Limited.

Manufacturing

Legal Advisors Harper Macleod LLP, Glasgow (Vendor) and Pinsent Masons LLP, London (Purchaser)
Corporate Finance DC Advisory LLP, London (Purchaser)

Lindsay Arbuthnott, Perth

Lead Advisor: Brodies LLP  |  Date of deal completed: 16-07-2023

Sale of 70% of the entire issued share capital of Sidey Holdings Limited and the grant of EMI options to various management shareholders of Sidey Group.

Construction

Legal Advisors Brodies LLP for Lindsay Arbuthnott and Deborah Dobson, Dentons UK & Middle East LLP for Inwido UK Limited
Accountants HNH Partners Limited for Lindsay Arbuthnott and Deborah Dobson

J & S McKenzie Group Limited, Aberfeldy

Lead Advisor: Brodies LLP  |  Date of deal completed: 15-09-2023

The purchase, by PLH In The Highlands UK Ltd, of the entire issued share capital of Moness Group Limited, which operates the Moness Resort in Aberfeldy.

Other

Legal Advisors Brodies LLP, BTO Solicitors LLP

Paprec Energies Binn Limited, Perthshire

Lead Advisor: Brodies LLP  |  Date of deal completed: 23-08-2023

Investment and joint venture between Binn Group Limited and Iona Capital Ltd, to build an operate an energy from waste facility at Binn Eco Park near Perth.

Renewables

Legal Advisors Brodies LLP acted for Binn Group Limited, Ashurt LLP acted for Iona Capital Ltd, Gillespie Macandrew property advice to Binn Group Limited

ScreenIn3D Limited, Glasgow

Lead Advisor: Brodies LLP  |  Date of deal completed: 15-08-2023

Equity investment by Gabriel Investors, Scottish Enterprise and the University of Strathclyde.

HealthTech

Legal Advisors Brodies LLP - Scottish Enterprise, McKee Campbell Morrison - Gabriel Investors and University of Strathclyde, Morton Fraser – ScreenIn3D Limited

R3 IOT Limited (t/a Krucial), Glasgow

Lead Advisor: Brodies LLP  |  Date of deal completed: 25-07-2023

Investment into Glasgow space tech firm.

IT

Legal Advisors Brodies LLP for Scottish Enterprise, MBM Commercial for SNIB, Burness Paull for Krucial
Investors / Lenders Scottish National Investment Bank, Scottish Enterprise, University of Strathclyde, AzurX

Nerlana Group Ltd, Aberdeen

Lead Advisor: Brodies LLP  |  Date of deal completed: 23-08-2023

Acted for Nerlana Group Ltd in its purchase of the entire issued share capital of Marfern Limited.

Other - Technology

Legal Advisors Brodies LLP – Buyer's (Nerlana Group Ltd) legal advisors, Bellwether Green Limited – Seller's (Marfern Limited) legal advisors
Accountants Tax Assist – Buyer's (Nerlana Group Ltd) accountants, Gerber, Landa & Gee – Seller's (Marfern Limited) accountants

Archer Knight (Holdings) Limited, Aberdeen

Lead Advisor: Brodies LLP  |  Date of deal completed: 05-09-2023

Archer Knight acquired entire issued share capital of Singapore-based Energy Maritime Associates.

Oil Services

Legal Advisors Brodies LLP for Archer Knight
Accountants Infinity Partnership for Archer Knight
Other Advisors Netto & Magin LLC (Singapore lawyers for Buyer)

Skylark Lasers Limited, Edinburgh

Lead Advisor: DC Consulting  |  Date of deal completed: 30-09-2023

DC Consulting assisted the company in obtaining equity investment.

Manufacturing

Legal Advisors MBM Solicitors and Burness Paul LLP
Accountants DC Consulting

Dyneval Limited, Edinburgh

Lead Advisor: DC Consulting  |  Date of deal completed: 30-09-2023

DC Consulting assisted the company in obtaining equity investment.

Life Sciences

Legal Advisors Thorntons Solicitors
Accountants DC Consulting

Discover Endurance Ltd, Dundee

Lead Advisor: DC Consulting  |  Date of deal completed: 30-09-2023

DC Consulting assisted the company in obtaining equity investment.

IT

Accountants DC Consulting

G&A Jewellers Limited, Dundee

Lead Advisor: DC Consulting  |  Date of deal completed: 30-09-2023

DC Consulting assisted the company in obtaining equity investment.

Manufacturing

Accountants DC Consulting

Horizon Proteins Limited, Edinburgh

Lead Advisor: DC Consulting  |  Date of deal completed: 31-10-2023

DC Consulting assisted the company in obtaining equity investment.

Other - Technology

Legal Advisors MBM Solicitors
Accountants DC Consulting

PDK Shellfish Ltd, Oban

Lead Advisor: Bellwether Green Limited  |  Date of deal completed: 18-10-2023

Purchase of the Business and Certain Assets of Orkney Fishermen's Society Limited (in Administration)

Agriculture

Legal Advisors Bellwether Green
Accountants Consilium

Realise Energy Services, Perth

Lead Advisor: Macdonald Henderson Solicitors  |  Date of deal completed: 15-09-2023

Co-advising with global law firm Stephenson Harwood, on London-based private equity firm Rockpool Investment’s multi-million pound partnership with Realise Energy Services, the Perth-based onshore wind engineering firm.

Renewables

Legal Advisors Macdonald Henderson – Rockpool Investments (Scottish Advisors); Stephenson Harwood – Rockpool Investment; MacRoberts – Realise Energy Services
Accountants Morris & Young Accountants - Realise Energy Services
Corporate Finance HNH – Realise Energy Services

Anderson Engineering (Generator Specialists) Ltd, Glasgow

Lead Advisor: Macdonald Henderson Solicitors  |  Date of deal completed: 01-08-2023

Advising the shareholders in the sale of the entire issued share capital of Anderson Engineering, an established and family run specialist generator business.

Manufacturing

Legal Advisors Macdonald Henderson – Anderson Engineering; Burness Paull – Wernick Power Solutions Ltd
Accountants Accountants Plus – Anderson Engineering

JWF (Group) Ltd, Glasgow

Lead Advisor: Macdonald Henderson Solicitors  |  Date of deal completed: 31-07-2023

Acting for management team in the disposal of a majority stake in JWF (Group) Ltd and its subsidiaries to Nevis Capital (private equity)

Manufacturing

Legal Advisors Macdonald Henderson acting for Vendor; Addleshaw Goddard – acting for Purchaser
Accountants Consilium Accountants – acting for Vendor
Investors / Lenders Nevis Capital