Virgin Money, Glasgow

Lead Advisor: Harper Macleod (Lender)  |  Date of deal completed: 22-06-2023

The transaction was a refinance by Virgin Money as incoming lender and involved the provision of facilities to a company in the funeral services sector. The deal involved Banking & Finance, Real Estate and Construction aspects and the work consisted of the preparation of an LMA lite facility and supporting security documentation.

Other

Legal Advisors Harper Macleod LLP for Lender, Burness Paul LLP for Borrower

Royal London, Edinburgh

Lead Advisor: Pinsent Masons LLP  |  Date of deal completed: 05-04-2023

Pinsent Masons is advising Aegon, the integrated, diversified, international financial services group, on the sale of its UK individual protection book to Royal London.

Business Services

Harper Macleod (advisers), Glasgow

Lead Advisor: Harper Macleod (for Arranger)  |  Date of deal completed: 20-04-2023

Successful launch on the Abundance platform of Wenea’s project to raise up to £4.5m to install and maintain 150 mainly rapid EV chargers at new transport hubs across Plymouth.

Fintech

Legal Advisors Harper Macleod for arranger (Abundance Investment Limited)

Ardersier Port (Scotland) Limited, Ardersier

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

- Investment by Quantum Energy Partners of £300m in Ardersier Port as part of a drive to transform a Scottish port into a major energy transition facility. The investment will help to accelerate work already under way at the 450-acre site in the Highlands between Inverness and Nairn.

Other

Legal Advisors Harper Macleod and Dickson Minto for JV Partner, Brodies and Latham and Watkins for Investor

NHS Forth Valley, Larbert

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

We advised Forth Health Limited, the project company for the £375m Forth Valley Royal Hospital PFI Project in relation to the procurement by NHS Forth Valley of a new additional elective care ward and national care centre. This involved a complex variation to the existing PFI contracts and the consent of ProjectCo’s funders.

Business Services

Legal Advisors Harper Macleod for Borrower (ProjectCo), CMS for funders, DWF for FM Provider and Eversheds for NHS

Aberdeen City Council, Aberdeen

Lead Advisor: Harper Macleod LLP  |  Date of deal completed: 21-04-2023

We advised NYOP Education (Aberdeen) Limited, the project company for the £120.5m Aberdeen Schools 3Rs PPP Project (one of the largest grouped schools PPP projects in Scotland) in relation to the procurement by Aberdeen City Council of an extension to Bucksburn High School. This involved a complex variation to the existing PPP contracts and the consent of ProjectCo’s funders.

Business Services

Legal Advisors Harper Macleod LLP for Borrower (Project Co), Burness Paull for funders

NHS Lanarkshire (Purchaser), Bothwell

Lead Advisor: Harper Macleod LLP  |  Date of deal completed: 21-04-2023

Harper Macleod advised NHS Lanarkshire in relation to a variation to the PFI contract for University Hospital Wishaw. . The variation involved the insourcing of the soft FM services from Serco (via ProjectCo) and the transfer of 300+ members of staff from Serco to the NHS. It is one of the largest and most significant PFI contract variations in Scotland in recent years. ProjectCo’s funders also had to consent to this deal.

Business Services

Legal Advisors Harper Macleod LLP for purchaser, CMS for the borrower, DWF for the FM Provider and Hogan Lovells for funder.

Abbiecraig Services Limtied, Dundee

Lead Advisor: Harper Macleod LLP (Advisor)  |  Date of deal completed: 21-04-2023

Abbiecraig Services Limited sold Bridgend Service Station to Karan Retain Ltd

Business Services

Legal Advisors Harper Macleod LLP for Vendor and Anderson Strathern LLP for Purcahser

Bank of Scotland Plc, Glasgow

Lead Advisor: Harper Macleod LLP  |  Date of deal completed: 23-06-2023

We were instructed to act on behalf of Bank of Scotland Plc in relation to providing funding for the acquisition of a dental practice

Business Services

Legal Advisors Harper Macleod LLP (acting for the lender), MacRoberts LLP

From Group Limited, Glasgow

Lead Advisor: Harper Macleod LLP  |  Date of deal completed: 15-05-2023

ACQUISITION OF GLASGOW BASED COMMUNICATIONS AGENCY IN WHICH THE MANAGEMENT TEAM EXITED AND WERE BOUGHT OUT. CREATED AS A NEW JOINT VENTURE BETWEEN EXISTING COMPANY, BU-OUT TEAM AND CHARLOTTE STREET PARTNERS

Creative

Legal Advisors Harper Macleod LLP (advising sellers), MBM Commercial LLP (advising buyers)

DIGIT-AI DEVELOPMENT LTD, Greenock

Lead Advisor: Harper Macleod LLP  |  Date of deal completed: 14-04-2023

DIRECT INVESTMENT, MULTIPLE TRANCHES WITH SEIS RELEIF

Software

Legal Advisors Harper Macleod LLP (advisor to company)

Austin Lafferty Limited, Hamilton

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

We advised John Simpson Roberts as he transferred his 25 ordinary shares and 1 A ordinary share in Austin Lafferty Limited to JSR Legal Ltd in exchange for 24 ordinary shares and 1 A Ordinary share in JSR Legal Ltd. This transaction also included the issue of bonus shares and the re-classification of shares.

Other

Legal Advisors Harper Macleod LLP

Austin Lafferty Limited, Hamilton

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

We advised John Simpson Roberts as he transferred his 25 ordinary shares in Austin Lafferty Limited to OA Legal Ltd.

Other

Legal Advisors Harper Macleod LLP

Gaeltel Limited, Elgin

Lead Advisor: Harper Macleod  |  Date of deal completed: 01-04-2023

We acted for Edward and Susanna Pellegrom in the transfer of shares in Gaeltel Limited to various investors. Gaeltel Limited is a company specialising in energy saving solutions in the north-east of Scotland.

Other - Technology

Legal Advisors Harper Macleod

MacDonald Group FS LLP, Inverness

Lead Advisor: Harper Macleod LLP  |  Date of deal completed: 19-05-2023

Sale of the business and assets of MacDonald Group FS LLP to Integrity 365 Limited.

Other

Legal Advisors Harper Macleod, BPE LLP

Dalcross Group, Inverness

Lead Advisor: Harper Macleod  |  Date of deal completed: 20-04-2023

We assisted the Dalcross Group in its group reconstruction. This included the purchase of 8 ordinary shares in Dalcross Holdings Limited each by John MacCallum and Niall Scoular from an individual shareholder.

Transport

Legal Advisors Harper Macleod

Highland Jet Centre Limited, Inverness

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

We assisted the Dalcross Group in its group reconstruction. This included the redemption of 65,000 preference shares by Highland Jet Centre Limited held by individual shareholders.

Transport

Legal Advisors Harper Macleod

Robertson Craig LLP, Glasgow

Lead Advisor: Harper Macleod LLP  |  Date of deal completed: 31-05-2023

We advised Robertson Craig, a Glasgow-based firm of Chartered Accountants and Chartered Tax Advisers, in its conversion from a partnership to an LLP. This included drafting an LLP Agreement for the members and a transfer agreement for the transfer of the business and assets.

Business Services

Legal Advisors Harper Macleod

Reath Technology Ltd, Edinburgh

Lead Advisor: Harper Macleod LLP  |  Date of deal completed: 05-04-2023

$100,000 was invested into the Company by an investment fund.

Other - Technology

Legal Advisors Harper Macleod LLP

Calcluth & Sangster (Glasgow) Limited, Glasgow

Lead Advisor: Harper Macleod LLP  |  Date of deal completed: 17-05-2023

Calcluth & Sangster (Glasgow) Limited transferred its shareholding in Calcluth & Sangster Limited to Lewhar (Glasgow) Ltd

Other

Legal Advisors Harper Macleod
Accountants Milne Craig

AMDG Pharma Limited, Queensferry

Lead Advisor: Harper Macleod LLP  |  Date of deal completed: 31-05-2023

AMDG Pharma Limited acquired pharmacy business from Lloyds Pharmacy Limited.

Other - Energy

Legal Advisors Harper Macleod, Addleshaw Goddard

Hireway Vehicle Rental, Glasgow

Lead Advisor: AAB Group  |  Date of deal completed: 17-05-2023

Reflex Vehicle Hire acquired Hireway Vehicle Rental as part of its growth strategy. The £20m deal sees Reflex's fleet grow by 900 vehicles, to almost 6,000. Hireway will now trade as Reflex Vehicle Hire.

Transport

Legal Advisors MacRoberts & Brodies
Accountants AAB Group & Grant Thornton
Corporate Finance AAB Group
Investors / Lenders N/A
Other Advisors N/A

IKM Consulting Limited, Grangemouth

Lead Advisor: AAB Group  |  Date of deal completed: 14-06-2023

Inverness-based investment group GEG Capital acquired a majority stake in Grangemouth-based multi-disciplinary consultancy firm IKM Consulting. The deal for the engineering, environmental and surveying consultancy was aimed at bolstering GEG's engineering and environmental capabilities, supporting its role in the UK's energy transition.

Other - Energy

Legal Advisors Aberdein Considine
Corporate Finance AAB Group
Investors / Lenders N/A
Other Advisors N/A

Linnet Holdings Limited, Stirling

Lead Advisor: AAB Group  |  Date of deal completed: 01-04-2023

The vendors (Jean and Jim Laughlin) sold entire remaining shareholding to management team in order to retire.

Other - Technology

Legal Advisors N/A
Accountants AAB Goup
Corporate Finance N/A
Investors / Lenders N/A
Other Advisors N/A

North Sea Compactors Ltd, Aberdeen

Lead Advisor: AAB Group  |  Date of deal completed: 01-02-2023

North-east energy sector equipment rental services specialist, First Integrated Solutions, bolstered its expertise in the oil and gas, drilling & marine industry with the acquisition of Aberdeen based, North Sea Compactors for a seven-figure sum.

Infrastructure

Legal Advisors Stronachs LLP & CMS
Accountants AAB Group
Corporate Finance AAB Group
Investors / Lenders N/A
Other Advisors N/A

DeltaTek Oil Tools Ltd, Aberdeen

Lead Advisor: AAB Group  |  Date of deal completed: 08-02-2023

Energy services provider Expro has acquired well construction cementing company DeltaTek Global. The acquisition allows Reading-headquartered Expro to broaden its capabilities and technology portfolio within the well construction sector, while accelerating Aberdeen-based DeltaTek’s international deployment ambitions.

Upstream Oil & Gas

Legal Advisors Brodies LLP & CMS
Accountants Hutcheon Mearns

Calcluth & Sangster (Glasgow) Limited, Glasgow

Lead Advisor: Harper Macleod LLP  |  Date of deal completed: 17-05-2023

Calcluth & Sangster (Glasgow) Limited transferred the entire issued share capital of Calcluth & Sangster (Financial Services) Limited to Lewhar (Glasgow) Ltd

Business Services

Legal Advisors Harper Macleod LLP
Accountants Milne Craig

Calcluth & Sangster (Glasgow) Limited, Glasgow

Lead Advisor: Harper Macleod LLP  |  Date of deal completed: 17-05-2023

Calcluth & Sangster (Glasgow) Limited transferred its shareholding in Calcluth & Sangster (Insurance Brokers) Limited to Stufio Ltd

Business Services

Legal Advisors Harper Macleod LLP
Accountants Milne Craig

John W Grant & Son Group Limited, Paisley

Lead Advisor: Harper Macleod LLP  |  Date of deal completed: 05-06-2023

Purchaser acquired the share capital of 2nd and 3rd parties, which trade as Lothian Building Supplies from the 4th Party

Manufacturing

Legal Advisors Harper Macleod LLP, McKee Campbell Morrison
Accountants Milne Craig, Consilium

Access Mortgages (Scotland) Limited, Glasgow

Lead Advisor: Harper Macleod (Advisor to Purchaser)  |  Date of deal completed: 10-05-2023

Business Purchase from Let it B Limited

Other

Legal Advisors Harper Macleod LLP, Purchaser; Sturrock Armstrong & Thomson, Vendor

Alam Investments Scotland Limited, Glasgow

Lead Advisor: Harper Macleod LLP (Advisor to Vendor)  |  Date of deal completed: 05-04-2023

Share purchase of Bath Resorts Limited

Other

Legal Advisors Harper Macleod LLP, Vendor; McKee Campbell Morrison, Purchaser

Workflo Solutions (Scotland) Limited, Livingston

Lead Advisor: Harper Macleod (Advisor to Purchaser)  |  Date of deal completed: 23-06-2023

Share purchase form shareholders of Redwax Ltd

Software

Legal Advisors Harper Macleod LLP, Purchaser;

Kenoteq Ltd, Edinburgh

Lead Advisor: Harper Macleod (Advisor to Investee)  |  Date of deal completed: 15-05-2023

Investment in Kenoteq Ltd

Construction

Legal Advisors Harper Macleod, Investee

Access Mortgages (Scotland) Limited, Glasgow

Lead Advisor: Harper Macleod LLP (Advisor to Purchaser)  |  Date of deal completed: 01-06-2023

Business purchase

Other

Legal Advisors Harper Macleod LLP, Purchaser; Sturrock Armstrong & Thomson (Vendor)

N/A (see Description of Deal), UK

Lead Advisor: Harper Macleod LLP (Advisor to Vendor)  |  Date of deal completed: 04-05-2023

Acquisition of Trading Business & Assets of Casino in Aberdeen with TUPE transfer and transfer of Premises Licence and Gaming Licence. Harper Macleod acted for the Vendor advising on Scottish aspects to the transaction.

Retail

Legal Advisors Harper Macleod LLP (Vendor); Hugh James LLP (Vendor); BTO LLP (Purchaser)

Bank of Scotland Plc, Glasgow

Lead Advisor: Harper Macleod LLP (Advisor to Lender)  |  Date of deal completed: 23-06-2023

We were instructed to act on behalf of Bank of Scotland Plc in relation to providing funding for the acquisition of a dental practice

Other

Legal Advisors Harper Macleod LLP, Lender; MacRoberts LLP, Borrower;

Confidential (Borrower), Glasgow

Lead Advisor: Harper Macleod LLP (Advisor to Lender)  |  Date of deal completed: 29-06-2023

Clydesdale Bank Plc (t/a Virgin Money) (Lender) made facilities available to the borrower to facilitate the acquisition of 3 accountancy practices. The transaction involved the reviewing and reporting to the Bank on the terms of each business and asset agreement, facilitating the security package and putting in place subordination arrangements in relation to any deferred consideration.

Other

Legal Advisors Harper Macleod LLP, Lender; Macdonald Henderson (Borrower)

Undisclosed (Confidential), UK

Lead Advisor: Harper Macleod LLP (Advisor to Lender)  |  Date of deal completed: 22-05-2023

We were instructed by Santander UK Plc to review a £250,000 overdraft facility agreement, £2.5 million trade loan facility, and £2.5 million invoicing financing facility to be made available to the borrower and advise on any specific Scots law amendments which were required. The work also involved drafting the supporting security documents and liaising with the outgoing lender in relation to the release of existing security.

Other

Legal Advisors Harper Macleod, lender; Fitzpatrick & Co Solicitors (Borrower)

Bank of Scotland plc, Glasgow

Lead Advisor: Advisor for Lender  |  Date of deal completed: 18-05-2023

The Bank provided funding to a company in the healthcare sector to fund the acquisition of a pharmacy business. The transaction involved undertaking diligence on the transfer of the business and assets and putting in place a security suite in respect of the Borrower.

Other

Legal Advisors Harper Macleod LLP (Lender); MacRoberts LLP (Borrower)

Bank of Scotland plc, Glasgow

Lead Advisor: Advisor for Lender  |  Date of deal completed: 20-05-2023

We were instructed to act on behalf of Bank of Scotland Plc in relation to providing a £1,000,000 business loan to purchase 3 commercial properties plus fund an equity release.

Other

Legal Advisors Harper Macleod LLP, Lender; MacRoberts LLP, Borrower

Bank of Scotland plc, Glasgow

Lead Advisor: Advisor to Lender  |  Date of deal completed: 03-05-2023

We were instructed to act on behalf of Bank of Scotland Plc in relation to putting in place a security package for the purchase and development from a wine merchants into a dental surgery

Other

Legal Advisors Harper Macleod LLP, Lender; Johnstone Legal, Borrower

Bank of Scotland plc, Glasgow

Lead Advisor: Advisor to Lender  |  Date of deal completed: 08-06-2023

We were instructed to act on behalf of Bank of Scotland Plc in relation to providing a £674,695 loan to purchase a Lloyds Pharmacy.

Other

Legal Advisors Harper Macleod LLP, Lender; Anderson Strathern LLP, Borrower

Confidential (Borrower), UK

Lead Advisor: Advisor to Lender  |  Date of deal completed: 22-06-2023

We were instructed to act on behalf of LHV Bank Limited (Lender) to assist with the provision of a term loan facility to refinance the borrower’s existing indebtedness with a third party lender. We were instructed to provide a Scots law specific review of the facility letter as well as drafting the security suite and providing a full report on title in relation to the property security. We were also instructed to provide deeds of subordination and ranking agreement to manage the relationship with other incumbent creditors.

Other

Legal Advisors Harper Macleod LLP, Lender; JMW Solicitors, English counsel for Lender; Johnston Legal, Borrower

Mains House Limited (in Administration), Inverness

Lead Advisor: Burness Paull LLP  |  Date of deal completed: 03-04-2023

We advised Mains House Limited (in Administration) on its sale to the public sector

Other

Legal Advisors Burness Paull for the Vendor and Shepherd and Wedderburn for the Purchasers.

Bonar Yarns Limited, Dundee

Lead Advisor: Burness Paull LLP  |  Date of deal completed: 19-04-2023

We advised the National Sports Group LLC and their subsidiaries in their acquisition of Bonar Yarns Limited (in administration)

Manufacturing

Legal Advisors Burness Paull - National Sports Group. Addleshaws were on the otherside

Par Equity and Orchard, Edinburgh

Lead Advisor: Burness Paull LLP  |  Date of deal completed: 17-04-2023

We advised Par Equity and Orchard on their investment in Verlume – an innovative energy management business headquartered in Aberdeen

Other - Energy

Legal Advisors Burness Paull for Par Equity and Orchard. Stronachs Advised Verlume
Investors / Lenders Other investor = SNIB

BGF, Edinburgh

Lead Advisor: Burness Paull LLP  |  Date of deal completed: 03-04-2023

We advised BGF on their supplementary investment in MRM Global

Other - Technology

Legal Advisors Burness Paull for BGF and MBM Commercial for MRM Global

191 West George Street (the Asset), Glasgow

Lead Advisor: Burness Paull LLP  |  Date of deal completed: 29-06-2023

We advised NFU Mutual on the sale of 191 West George Street, Glasgow to Corum, a French Fund (the building is let to a number of high profile tenants including Hilton, HP, Erdington and Royal Sun Alliance.

Other

Legal Advisors Burness Paull advised the Vendor and DLA Piper advised the Purchaser

Cala Group, Edinburgh

Lead Advisor: Burness Paull LLP  |  Date of deal completed: 03-05-2023

We advised Cala Group on their acquisition of Taylor Lane Timber Frame Ltd

Construction

Legal Advisors Burness Paull for the Purchaser. Harrison Clark Rickerbys for the Vendor.
Accountants KBS Corporate advised the Vendor

Forcast Data Services, Edinburgh

Lead Advisor: Burness Paull LLP  |  Date of deal completed: 08-05-2023

We advised Forecast Data Services on their sale to Kin + Carter

Other - Technology

Legal Advisors Burness Paull for the Vendor and DWF for the Purchaser

Ebar Initiatives, Aberdeen

Lead Advisor: Burness Paull  |  Date of deal completed: 05-05-2023

We advised Ebar Initiatives on receipt of equity investment funding from members of Equity Gap, Gabriel, Seedrs, Jenson Funding Partners and others.

Food & Drink

Legal Advisors Burness Paull for Ebar, Wright Johnson & Mackenzie and McKee Campbell Morrison for the Investors
Accountants n/a
Corporate Finance n/a
Investors / Lenders Equity Gap, Gabriel, Seedrs, Jenson Funding Partners and others

Burness Paull, Glasgow

Lead Advisor: Test - to see if this works for q2  |  Date of deal completed: 03-05-2023

Acquisition of company A from company B

Software

Legal Advisors Test
Accountants Test
Corporate Finance Test
Investors / Lenders Test
Other Advisors Test

Clan Campbell Whisky, London

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 23-06-2023

Acquisition by Stock Spirits Group of Clan Campbell Blended Scotch Whisky brand from Pernod Ricard.

Business Services

Legal Advisors Macdonald Henderson, PWC – Service of Avocats, Freshfields Bruckhaus Deringer all advising Stock Spirits Group

Frame Group, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 15-05-2023

Advising Virgin Money/Clydesdale Bank on banking and security aspects of the MBO of Frame Group, the Glasgow-based creative communications agency

Business Services

Legal Advisors Macdonald Henderson – Virgin Money/Clydesdale Bank, MBM Commercial – MBO team, Harper Macleod – Sellers

Opulus Financial, Edinburgh

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 31-03-2023

Advising Opulus Financial, in its acquisition of George + Co, a firm of Chartered Tax Advisers and Accountants located in Edinburgh’s West End, to further expand its unique Chief Financial Officer (CFO) solutions offering throughout Scotland.

Business Services

Legal Advisors Macdonald Henderson – Opulus Financial, Urquharts - Seller, Pinsent Masons - SME

Bideaway Homes Holdings Ltd, Motherwell

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 09-06-2023

Sale of entire issued share capital of Bideaway Homes (2) Limited to the Company.

Other

Legal Advisors Macdonald Henderson – Purchaser
Accountants Gordon Ferguson – Purchaser

SCW Technologies Limited, Coleraine

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 30-06-2023

Investment in company by private individual.

HealthTech

Legal Advisors Macdonald Henderson – Company, Caldwell Robinson – private individual

Premac Group Ltd, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 30-06-2023

Acting for Faskin Group Limited in relation to investment in Premac Group Ltd.

Construction

Legal Advisors Macdonald Henderson – Faskin Group Ltd

J P Mackie & Company Limited, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 30-06-2023

Company refinance from Santander to Unity Bank.

Retail

Legal Advisors Macdonald Henderson (Company), CMS (Unity Bank)

Leslie Jacobs Limited, England

Lead Advisor: Macdonald Henderson  |  Date of deal completed: 28-04-2023

Advising the founder and sole shareholder of Leslie Jacobs Ltd t/a Dental FX, the Scottish cosmetic dentistry specialist on the disposal of the business to a trade buyer James Miller Limited.

HealthTech

Legal Advisors Macdonald Henderson (Vendor), BTO (Purchaser)
Accountants Perlin Franco (Vendor), O'Haras (Purchaser)

XSolutions365 Limited, Edinburgh

Lead Advisor: Grant Thornton  |  Date of deal completed: 01-06-2023

Digital consultancy xDesign has secured minority growth investment from investment firm Soho Square Capital. The deal, which was agreed for an undisclosed amount, will see Soho Square principal Joe Tebbutt join the board of directors. The Edinburgh-headquartered business will now accelerate its expansion plans, with a number of new office openings planned around the UK and internationally, as well as enhancing its operational structure.

Software

James Gibb Property Management Limited, Glasgow

Lead Advisor: Grant Thornton  |  Date of deal completed: 01-06-2023

James Gibb Property Management Limited acquired 100% of the share capital of Speirs Gumley Limited, a Glasgow based residential property factor. The acquisition grows the number of properties under management by James Gibb Property Management Limited.

Other

John Dawson Butchers Limited, Ayr

Lead Advisor: Bellwether Green Limited  |  Date of deal completed: 26-05-2023

Reorganisation of John Dawson Butchers Limited

Retail

Legal Advisors Bellwether Green Limited
Accountants Azets

Glasgow Pavilion Theatre Limited, Glasgow

Lead Advisor: RSM UK Corporate Finance LLP  |  Date of deal completed: 03-04-2023

The Pavilion Theatre in Glasgow has been bought by London-based Trafalgar Entertainment for an undisclosed sum. RSM (Glasgow) carried out financial due diligence for the acquirer.

Creative

Legal Advisors Stephenson Harwood, MacRoberts (both for acquirer)

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

Thermsaver Holdings Ltd, Bellshill

Lead Advisor: Bellwether Green Limited  |  Date of deal completed: 07-06-2023

Acquisition of 60% shareholding in Thermsaver Holdings Ltd

Other - Energy

Legal Advisors Bellwether Green Limited

Clarity Accounting (Scotland) Limited, Glasgow

Lead Advisor: Bellwether Green Limited  |  Date of deal completed: 31-05-2023

De-merger of business from Advantage Accounting (Scotland) Limited

Other

Legal Advisors Bellwether Green Limited
Other Advisors McKee Campbell Morrison

Consult Lift Services Ltd, Paisley

Lead Advisor: Bellwether Green Limited  |  Date of deal completed: 08-03-2023

Acquisition of Share Capital of Consult Lift Services Ltd

Construction

Legal Advisors Bellwether Green Limited
Accountants Azets

Feurach Holdings Limited, Edinburgh

Lead Advisor: Bellwether Green Limited  |  Date of deal completed: 08-03-2023

Acquisition of share Capital by Barenbrug UK Limited

Agriculture

Legal Advisors Bellwether Green Limited
Accountants Azets

FBK 22 Limited, Glasgow

Lead Advisor: Bellwether Green Limited  |  Date of deal completed: 29-03-2023

the acquisition of the entire issued share capital of Callidus Scotland

Construction

Legal Advisors Bellwether Green Limited
Accountants Robertson Craig

Par Fund Management Limited, Edinburgh

Lead Advisor: Addleshaw Goddard  |  Date of deal completed: 07-12-2022

Equity investment by Par Fund Management Limited into Gigged Ltd with co-investment from Techstart Ventures, existing and new angel investors

Other

Legal Advisors Addleshaw Goddard LLP advised Par Fund Management Limited

Flotation Energy Limited, Edinburgh

Lead Advisor: Addleshaw Goddard  |  Date of deal completed: 06-01-2023

Joint venture between Flotation Energy Limited (part of Tokyo Electric Power Company of Japan)) and Instalaciones Y Servicios Moscardo III S.L. (part of Grupo Cobra of Spain) to develop and build an offshore windfarm in Morecambe bay as part of the Crown Estate's 4th round of offshore leasing.

Other

Legal Advisors Addleshaw Goddard LLP advised Flotation Energy Limited

Express Microbiology Limited, Linlithgow, West Lothian

Lead Advisor: Addleshaw Goddard  |  Date of deal completed: 10-01-2023

Advising Cawood Scientific Limited on the disposal of its wholly owned subsidiary Express Microbiology Limited to Eurofins Food Testing UK Holding Limited

Other

Legal Advisors Addleshaw Goddard LLP advised Cawood Scientific Limited

Phlo Technologies Ltd, Glasgow

Lead Advisor: Addleshaw Goddard  |  Date of deal completed: 31-03-2023

Phlo acquired the UK assets of Truepill, a competitor to Phlo based in England

HealthTech

Legal Advisors Addleshaw Goddard LLP advised Phlo Technologies Ltd

Archer UK Limited, Aberdeen

Lead Advisor: Addleshaw Goddard  |  Date of deal completed: 03-04-2023

The acquisition from Baker Hughes Limited of its coil tubing and pumping (CT&P) business in the United Kingdom

Oil Services

Legal Advisors Addleshaw Goddard LLP advised Archer UK Limited

Verlume Holdings Ltd, Aberdeen

Lead Advisor: Addleshaw Goddard  |  Date of deal completed: 31-03-2023

Scottish National Investment Bank investment (through equity and debt) into Verlume Holdings Ltd

Other - Energy

Legal Advisors Addleshaw Goddard LLP advised The Management Team of Verlume Holdings Ltd

Futurescot, Glasgow

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

Xxxx xxxx xxxx xxxx

Fintech

Legal Advisors Shepwed
Accountants Cheine
Corporate Finance Nik
Investors / Lenders Rbs
Other Advisors Flame

Charles Stamper Fruit & Veg Holdings Limited, Glasgow

Lead Advisor: Bellwether Green Limited  |  Date of deal completed: 24-04-2023

MBO of Charles Stamper Fruit & Veg Ltd

Retail

Legal Advisors Bellwether Green Limited
Accountants Robertson Craig

Tarras Park Properties Limited (part of Buccleuch Property group), Edinburgh

Lead Advisor: Burness Paull  |  Date of deal completed: 16-01-2023

We advised Tarras Park Properties Limited, part of the Buccleuch Property group, in connection with their acquisition of 50% of bloc Limited, a property development company.

Other

Legal Advisors Burness Paull for Tarras Park. One Square Law LLP for bloc

Par Equity (investor), Edinburgh

Lead Advisor: Burness Paull  |  Date of deal completed: 29-03-2023

We advised Par Equity on a further investment round in Fuuse which closed over 2 tranches, the first closing on 29 March and the second on 6 April.

Other - Energy

Legal Advisors Burness Paull for Par Equity. Addleshaw Goddard for Fuuse.

Richard Irvin FM, Stirling

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

RSK Group acquired technical facilities management and energy solutions company, Richard Irvin FM backed by Rcapital Partners LLP.

Other

Corporate Finance BDO LLP (vendors)

Macdonald Hotels, Scotland (Bathgate)

Lead Advisor: Burness Paull  |  Date of deal completed: 17-02-2023

Burness Paull advised Macdonald Hotels (Management) Limited on their sale of Ansty Hall Hotel to The Manor House Hotel (Castle Combe) limited

Other

Legal Advisors Burness Paull (seller). Dentons (buyer)
Other Advisors Knight Frank advised the sellers. Alvarez & Marsall advised the buyers

Bonded Whisky Partners Limited, Edinburgh

Lead Advisor: Pinsent Masons LLP  |  Date of deal completed: 06-01-2023

The Pinsent Masons corporate team acted for the founders of Bonded Whisky Partners Limited in the sale of BWP’s entire issued share capital to Distell, a subsidiary of Heineken N.V. The exit for the shareholders marked a complete investment cycle from start-up to exit, with Pinsent Masons having also advised on the incorporation, establishment and corporate structuring of BWP

Food & Drink

Legal Advisors Azets UK

Souter Investments and Jeff Winn, Glasgow

Lead Advisor: Pinsent Masons LLP  |  Date of deal completed: 17-03-2023

Pinsent Masons acted for the buyers in the acquisition of a majority stake in the parent company of Winn Solicitors, a UK200 law firm specialising in non-fault, accident claims. The team acted on behalf of the Souter Investment Group and the eponymous Jeff Winn, acquiring the majority stake from an Alvarez & Marsal managed pension fund. The Pinsent Masons team harnessed the breadth of specialisms within the firm, providing in-house guidance and leading the process of regulatory engagement with the Financial Conduct Authority and the Solicitors Regulation Authority.

Business Services

Lees Foods, Coatbridge

Lead Advisor: Burness Paull  |  Date of deal completed: 27-01-2023

We acted for the shareholders of Lees Foods in the sale of Lees to Finsbury Food Group plc, an AIM-listed speciality baked-goods manufacturer, in a deal worth c£5.7m. Established in 1931, Lees is a leading manufacturer of making branded confectionary, such as the macaroon bar, snowball, meringues, and teacakes.

Food & Drink

Legal Advisors Burness Paull (sell-side). CMS (purchaser)
Accountants Johnston Carmichael

Forrit, Edinburgh

Lead Advisor: Burness Paull  |  Date of deal completed: 31-03-2023

We advised Forrit on their investment from Scottish National Investment Bank

Software

Legal Advisors Burness Paull (Forrit). Shepherd + Wedderburn (SNIB)

Romar-Abrado, Aberdeenshire

Lead Advisor: Burness Paull  |  Date of deal completed: 10-01-2023

We advised Archer Assets UK Limited on the acquisition of Aberdeenshire based decommissioning businesses Romar-Abrado.

Other - Energy

Legal Advisors Burness Paull (buy side). Brodies (sell side)
Accountants EY (did financial DD and Archer ran aspects in house)

North Sea Compactors Limited, Aberdeen

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

Acquisition of the entire issued share capital of North Sea Compactors Limited by First Integrated Solutions Limited from various individuals.

Other - Energy

Legal Advisors CMS

Sureclean Holdco Limited, Oldmeldrum, Aberdeenshire

Lead Advisor: CMS  |  Date of deal completed: 25-01-2023

Sureclean Holdco, is a company registered in England but its operating subsidiary is based out of Oldmeldrum in Aberdeenshire, and the acquiring entity, KSG International Limited, is a company incorporated in Scotland

Oil Services

Legal Advisors CMS - Sureclean Holdco

Heliex Power Ltd, Glasgow

Lead Advisor: Anderson Strathern  |  Date of deal completed: 09-02-2023

Investment into Heliex Power by Par Fund Management Ltd

Manufacturing

Legal Advisors Anderson Strathern - Par; Macroberts - Heliex Power

Krucial (formerly R3-IoT), Glasgow

Lead Advisor: Anderson Strathern  |  Date of deal completed: 13-02-2023

1 tranche of investment into R3 IOT Limited by Uni of Strathclyde, Scottish National Investment Bank, Scottish Enterprise

Other - Technology

Legal Advisors Anderson Strathern - University of Strathclyde; CMS - Scottish National Investment Bank; Brodies - SE; Burness Paull - R3IoT

Helinalysis Limited, Aberdeen

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

Family MBO, enabling the next generation of family to continue the success of Helinalysis Ltd.

Business Services

Legal Advisors Bannatyne Kirkwood France - Sell side Legal Advisors
Accountants Azets Corporate Finance
Corporate Finance Azets - As above
Other Advisors McKee Campbell Morrison - Buyside Legal Advisors

Dxcover, Glasgow

Lead Advisor: Anderson Strathern  |  Date of deal completed: 27-01-2023

Tranche 1 investment into DXcover by Eos Advisory, University of Strathclyde, Mercia Fund Management and Scottish Enterprise

Life Sciences

Legal Advisors Anderson Strathern - University of Strathclyde; Morton Fraser - dxcover; Lindsays - eos advisory and mercia; ; Burness Paull - SE

R&M Engineering Huntly Ltd, Huntly

Lead Advisor: Grant Thornton  |  Date of deal completed: 18-04-2023

Sale of R&M Engineering (Huntly) Ltd to Aurora Energy Services Ltd

Upstream Oil & Gas

Crerar Holdings Ltd, Edinburgh

Lead Advisor: Grant Thornton  |  Date of deal completed: 14-03-2023

Acquisition of Crerar Hotel Group by Blantyre Capital Ltd together with their operating partner Fairtree Hotel Investments

Other

FingerPrint Global Ltd, Glasgow

Lead Advisor: Grant Thornton  |  Date of deal completed: 07-03-2023

Acquisition of FingerPrint Global Ltd by Aliter Capital

HealthTech

McCrea Financial Services Ltd, Glasgow

Lead Advisor: Grant Thornton  |  Date of deal completed: 22-02-2023

Acquisition of McCrea Financial Services Limited by One Four Nine Wealth

Business Services

Harper McDermott Ltd (Trades as Trust Deeds Scotland), Glasgow

Lead Advisor: Grant Thornton  |  Date of deal completed: 19-01-2023

Description - Personal insolvency firm Harper McDermott has transferred to employee ownership. The Glasgow-based company trades as Trust Deed Scotland and was founded by Mark Sommerville and Jon Paul Kelly. Currently managing debt solutions for over 9,000 customers, with £234m of debts under management, its team of around 70 people have now all become part-owners of the business. For exiting shareholders it can be an attractive alternative to the more traditional trade sale or private equity process, and allows the business to continue to thrive in the safe hands of the incumbent team

Business Services

Feurach Holdings Limited - (Target), East Lothian

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

Barenbrug B.V. via Barenbrug Limited (UK) acquired the Feurach Holdings Group (Watson Seeds, GroGreen & Seed Logistics) to expand it’s UK offerings.

Retail

Legal Advisors Blackadders LLP - Seller
Accountants Azets Corporate Finance - Seller
Corporate Finance As above - Azets
Other Advisors Bellweather Green - Buyside Legal Advisors

vehicle body repair business, Perth

Lead Advisor: Pinsent Masons LLP  |  Date of deal completed: 05-04-2023

Pinsent Masons has advised UK Assistance Accident Repair Centres Limited (a subsidiary of Direct Line Insurance Group plc) on the acquisition of a vehicle body repair business based in Perth, Scotland. This is the seventh such acquisition we have advised Direct Line on, as it continues to grow its in-house vehicle repair centre network to support its market leading car insurance business. Direct Line continues to look for strategic acquisition opportunities in this space and we are about to commence work on the next one.

Other