1nhaler, Edinburgh

Lead Advisor: MBM Commercial  |  Date of deal: 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.

UWS Drinks Ltd, Glasgow

Lead Advisor: Harper Macleod  |  Date of deal: 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

Dears Healthcare Group, Various across Scotland: including Edinburgh, Glasgow and Fife

Lead Advisor: Morton Fraser MacRoberts LLP  |  Date of deal: 02/10/2023

Morton Fraser MacRoberts has advised the Dears Healthcare corporate group on the acquisition of 15 Lloyds Pharmacy branches. This transaction doubled the branch network of Dears pharmacies: it is now one of the largest independent retail pharmacy groups in Scotland with 25 branches. This complex transaction involved the acquisition of shares in five SPV companies by four different buying entities, as well as advising on funding of the transaction which involved a cross securitisation structure created in part due to the seller, Lloyds, funding significant pre completion deposit payments through a specialist pharmacy sector credit facility. In parallel, Morton Fraser MacRoberts was advising the majority shareholders of Dears Healthcare group on the establishment of a 50/50 joint venture company that acquired a further 11 Lloyds Pharmacy branches trading under the Amiry & Gilbride Pharmacy name.

Kick ICT Group Limited, Bellshill

Lead Advisor: Pinsent Masons LLP  |  Date of deal: 29/12/2023

Pinsent Masons has advised LDC (Managers) Limited (the private equity arm of Lloyds Banking Group) on a significant investment in Kick ICT Group Limited, Scotland’s largest independent IT managed service provider.

IT

Legal Advisors CMS (advising BGF)
Other Advisors MBM Commercial (advising management shareholders), DLA advising TDC (debt funder).

Shore Recycling Limited, Perth

Lead Advisor: Pinsent Masons LLP  |  Date of deal: 17/11/2023

Pinsent Masons advised the Enva Group, the national recycling and resource recovery business, on the acquisitions of the business and certain assets of Shore Recycling Limited, including an electrical waste and recycling plant in Perth, Scotland. The acquisition is intended to enable the currently closed plant to reopen in 2024.

Other

Legal Advisors Thorntons LLP, agents for the sellers

The Centre, Livingston, Livingston

Lead Advisor: Pinsent Masons LLP  |  Date of deal: 04/12/2023

Pinsent Masons have been advising HSBC Alternative Investments on the sale of The Centre, Livingston (with approx. 190 units).

Retail

Orkney Fishermen’s Society Limited; PDK Shellfish Limited, Orkney

Lead Advisor: Pinsent Masons LLP  |  Date of deal: 23/10/2024

The Pinsent Masons LLP Restructuring team has appointed Michelle Elliot and Callum Carmichael of FRP Advisory as administrators to Orkney Fishermen’s Society Limited (a 70-year-old co-operative society) and handled the immediate sale of the business and assets out of administration to a subsidiary of Oban-based PDK Shellfish Limited. This was a positive outcome as the jobs of all 55 staff were saved.

Other

Par Equity, Edinburgh

Lead Advisor: Burness Paull  |  Date of deal: 24/11/2023

We advised Par Equity on their investment in Advanced Electric Machines as part of a £23m fundraise. The Funding round was led by Legal & General Capital and Barclays Sustainable Impact Capital

Manufacturing

Legal Advisors Burness Paull advised Par Equity on their investment. Squire Patton Boggs advised the company

Par Equity, Edinburgh

Lead Advisor: Burness Paull  |  Date of deal: 12/12/2023

We advised Par Equity on the follow on investment into Sensor Holdings

Other - Technology

Legal Advisors Burness Paull advised Par Equity and Kindrik Partners advised the company

Par Equity, Edinburgh

Lead Advisor: Burness Paull  |  Date of deal: 20/12/2024

Burness Paull advised Par Equity on its further investment in cleaning product manufacturer, For Spills Ltd

Manufacturing

Legal Advisors Burness Paull for Par Equity and Anderson Strathern for the company

Glox Therapeutics, Glasgow

Lead Advisor: Burness Paull  |  Date of deal: 14/11/2023

We advised Boehringer Ingelheim Venture Fund on their investment in Glox Therapeutics

Life Sciences

Legal Advisors Burness Paull advised Boehringer Ingelheim Venture Fund and Glox were advised by Bonaccord Law

The shareholders of Topek Holdings Limited, Glasgow

Lead Advisor: Burness Paull  |  Date of deal: 11/10/2023

Burness Paull advised the shareholders of Topek Holdings Limited on its sale to Brickability Group plc

Construction

Legal Advisors Burness Paull advised the sellers and Addleshaw Goddard advised the purchasers
Accountants BDO led the sale process
Corporate Finance BDO

9/10 St Andrew Square (part of Patrizia Fund), Edinburgh

Lead Advisor: Burness Paull  |  Date of deal: 01/11/2023

Burness Paull advised German fund Managers Patrizia AG on the sale of 9/10 St Andrew Square, Edinburgh to a Tristan Capital Partners Joint Venture.

Other

Legal Advisors Burness Paull advised the seller and Brodies advised the purchaser
Accountants PwC provided tax and accountancy advice
Corporate Finance N/A

WEEE Solutions Limited, Paisley

Lead Advisor: Pinsent Masons LLP  |  Date of deal: 22/12/2023

Pinsent Masons advised the Enva Group, the national recycling and resource recovery business, on the acquisition of the whole issued share capital of WEEE Solutions Limited.

Other

Legal Advisors Macdonald Henderson, solicitors for the sellers

iomart Group plc, Glasgow

Lead Advisor: Pinsent Masons LLP  |  Date of deal: 04/12/2023

Pinsent Masons advised iomart Group plc on its acquisition of Accesspoint Group Holdings Limited.

IT

Legal Advisors RWK Goodman (solicitors for the selling shareholders)

QEM Solutions Limited, Moffat

Lead Advisor: HNH Partners Limited  |  Date of deal: 29/02/2024

Acquisition of leading quality and engineering management solutions company, QEM Solutions, by environmental risk reduction services business, Adler & Allan.

Business Services

Legal Advisors Turcan Connell, vendor; Squire Patton Boggs, buyside.
Corporate Finance HNH, vendor.

Intelligent Alternatives Limited, Glasgow

Lead Advisor: Bellwether Green Limited  |  Date of deal: 07/03/2024

Sale of entire issued share capital of Intelligent Alternatives Limited

Other

Legal Advisors Bellwether Green Limited

Perfect Clean Edinburgh Ltd, Edinburgh

Lead Advisor: Harper Macleod  |  Date of deal: 21/03/2024

We advised Perfect Clean Edinburgh Ltd on an internal restructure. This included advising on a sub-division of shares and preparation of documents ancillary thereto.

Legal Advisors Harper Macleod LLP, Edinburgh (Vendor)
Accountants N/A
Corporate Finance N/A
Investors / Lenders N/A
Other Advisors N/A

Kingdom Technologies Ltd, Glasgow

Lead Advisor: Harper Macleod  |  Date of deal: 31/01/2024

Kingdom Technologies Ltd - Bridge Round Investment 2023 Follow on bridge round from existing and new investors, included convertible loan notes."

Manufacturing

Legal Advisors Harper Macleod LLP
Accountants N/A
Corporate Finance N/A
Investors / Lenders N/A
Other Advisors Brodies LLP

Torishima Service Solutions Europe Limited, Glasgow

Lead Advisor: Torishima Service Solutions Europe Limited  |  Date of deal: 29/02/2024

Sale of Glendevon Hydro Scheme

Other

Legal Advisors Harper Macleod
Accountants N/A
Corporate Finance N/A
Investors / Lenders N/A
Other Advisors N/A

Edinburgh Biosciences Ltd, Grangemouth

Lead Advisor: Harper Macleod  |  Date of deal: 04/03/2024

We advised Zhejiang Boye Biotech Limited on the equity investment by its subsidiary, Innofield Biotechnology Limited, in Edinburgh Biosciences Ltd. This included conducting the legal due diligence, advising on the investment agreement, and preparing new articles of association.

Other - Technology

Legal Advisors Harper Macleod LLP, Edinburgh (Investor)
Accountants N/A
Corporate Finance N/A
Investors / Lenders Zhejiang Boye Biotech Limited (PRC) and Innofield Biotechnology Limited (Cayman Islands)
Other Advisors N/A

The firm of Prime Site Properties, Inverness

Lead Advisor: Harper Macleod  |  Date of deal: 31/03/2024

We advised MacGregor Fire Protection Services Limited on its acquisition of a 50% interest in the firm of Prime Site Properties.

Other

Legal Advisors Harper Macleod LLP, Edinburgh (Purchaser)
Accountants N/A
Corporate Finance N/A
Investors / Lenders N/A
Other Advisors N/A

Synaptec, Glasgow

Lead Advisor: Burness Paull  |  Date of deal: 06/02/2024

Burness Paull advised Synaptec on its £6.5m fundraise from Megger Group, Equity Gap and Proserv.

Other - Technology

Legal Advisors Burness Paull for Synaptec and Eversheds for Megger

Emtelle, Hawick

Lead Advisor: Burness Paull  |  Date of deal: 26/03/2024

Burness Paull advised Emtelle, a Hawick-headquartered blown fibre and cabling provider, on its acquisition of Ridgemount Technologies.

Manufacturing

Legal Advisors Burness Paull for the Buyer. Birketts for the Seller
Accountants n/a
Corporate Finance n/a
Investors / Lenders n/a
Other Advisors n/a

Tay Letting, Glasgow

Lead Advisor: BDO LLP  |  Date of deal: 01/02/2024

Acquisition of Tay Letting by Lomond Group, backed by LDC

Business Services

Legal Advisors Brodies
Corporate Finance BDO
Investors / Lenders LDC

Aliter Capital, Glasgow

Lead Advisor: BDO LLP  |  Date of deal: 01/05/2024

Acquisition of Bates IT by ITM Communications, backed by Aliter Capital

Software

Investors / Lenders Aliter Capital/Santander

BPD Zenith, Aberdeen

Lead Advisor: BDO LLP  |  Date of deal: 01/02/2024

Acquisition of EAM Swiss by BPD Zenith

Software

Investors / Lenders Galanthus Partners/Bain Capital

BPD Zenith, Aberdeen

Lead Advisor: BDO LLP  |  Date of deal: 01/05/2024

Acquisition of US-based Interpro Solutions by BPD Zenith

Software

Investors / Lenders Galanthus Partners/Bain Capital

S Harrison, Edinburgh

Lead Advisor: BDO LLP  |  Date of deal: 01/01/2024

Singaporean private equity firm backs two Edinburgh student developments

Construction

Investors / Lenders Q Investment Partners

SoConnect, Edinburgh

Lead Advisor: SoConnect Limited  |  Date of deal: 29/04/2024

Acquisition of SoConnect by AirIT

IT

Legal Advisors MBM COmmercial for SoConnectLimited

Nami Surgical, Glasgow

Lead Advisor: MBM Commercial  |  Date of deal: 07/05/2024

Investment round into Robotic-Assisted Surgery business, Nami surgical. Led by EOS Advisory and the Investment Fund for Scotland

HealthTech

Legal Advisors MBM Commercial advising Nami Surgical

QA Business Travel Limited, Aberdeen

Lead Advisor: Brodies LLP  |  Date of deal: 01/02/2024

Acquisition by Ocean Airserve Limited of 80% of the issued share capital of QA Business Travel Limited

Business Services

Legal Advisors Brodies LLP (acted for Sellers); GS Verde Law (Acted for Buyer)

Sweeney Kincaid Limited, Glasgow

Lead Advisor: Brodies LLP  |  Date of deal: 30/01/2024

Glasgow based auction business acquired by ANM Group Limited from Russell Kincaid. Established in 1991 Sweeney Kincaid Limited specialises in the sale of industrial, commercial, and business assets, vehicles and equipment

Other

Legal Advisors Brodies LLP acted Russell Kincaid, Aberdein Considine and Ledingham Chalmers acted for ANM Group Limited
Corporate Finance Seller – Azets Buyer - AAB

Kingdom Technologies Limited, Glasgow

Lead Advisor: Brodies LLP  |  Date of deal: 14/02/2024

Glasgow based robotics business Kingdom Technologies Limited closed a £1.4m seed funding round from Iron Wolf Capital, Specialist VC and Scottish Enterprise.

Other

Legal Advisors Brodies LLP acted for Scottish Enterprise, Harper Macleod LLP acted for Kingdom Technologies Limited
Investors / Lenders Scottish Enterprise, Iron Wolf Capital and Specialisy VC

Roy Cowie LBS Limited, Glasgow

Lead Advisor: Harper Macleod  |  Date of deal: 26/01/2024

Nurture Group has strengthened its operations in Scotland with the acquisition of Aberdeenshire-based Roy Cowie. The move has also expanded its collection of Royal Warrants and quality marks, adding two more to its portfolio.

Other

Legal Advisors Harper Macleod LLP
Accountants AAB
Corporate Finance N/A
Investors / Lenders N/A
Other Advisors Mackinnons, Aberdein Considine

Link Cable Assemblies Limited, Bellshill

Lead Advisor: Macdonald Henderson  |  Date of deal: 22/05/2024

Advising Link Cable Assemblies, leading manufacturer of bespoke cable assemblies, control panels and associated electronic components, on the successful transition of a majority stake in the company to existing shareholders, supported by RBS

Manufacturing

Legal Advisors Macdonald Henderson – Link Cable Assemblies / Brodies - RBS
Accountants Johnston Carmichael – Link Cable Assemblies

KJ Tait Engineers Limited, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal: 08/04/2024

Advising KJ Tait, the market leading professional practice of mechanical, electrical and public health building services engineers on an MBO

Construction

Legal Advisors Macdonald Henderson – KJ Tait
Accountants Consilium Chartered Accountants – KJ Tait

Inspire Group, Rutherglen

Lead Advisor: Macdonald Henderson  |  Date of deal: 11/04/2024

Acting for the shareholders of an award winning provider of residential care in Scotland, in respect of (i) a complex restructure of the group and (ii) completion of an eight figure investment by a leading UK/European impact fund advisory firm

Other

Legal Advisors Macdonald Henderson – shareholders / CMS - Investors
Corporate Finance Hazelwoods LLP

Clan Campbell (Whisky) Limited, Edinburgh

Lead Advisor: Macdonald Henderson  |  Date of deal: 27/06/2024

Acting as co-counsel with Freshfields on the accession by Clan Campbell (Whisky) Limited to the existing senior facility financing arrangements of Stock Spirits Group following the acquisition of Clan Campbell by Stock Spirits in 2023

Food & Drink

Legal Advisors Macdonald Henderson & Freshfields – Clan Campbell (Whisky) Limited / CMS – ING Bank

Emblation Limited, Stirling

Lead Advisor: Macdonald Henderson  |  Date of deal: 30/04/2024

Advising leading technology/medical device company Emblation on a fundraising comprising £4 million term loan facility with Virgin Money Venture Debt

HealthTech

Legal Advisors For Emblation – Macdonald Henderson (UK) and Squire Patton Boggs (US) LLP (US) / For Virgin Money – DLA Piper Scotland LLP (UK) and DLA Piper LLP (US)

Drummond Laurie CA, Falkirk

Lead Advisor: Macdonald Henderson  |  Date of deal: 19/04/2024

Advising Scottish accountancy practice Drummond Laurie on the acquisition of Peter Deans CA

Business Services

Legal Advisors Macdonald Henderson – Drummond Laurie / Kerr Stirling – Peter Deans CA

Civils and Drainage Supplies (Group) Limited, Bellshill

Lead Advisor: Macdonald Henderson  |  Date of deal: 17/06/2024

Advising on the MBO of Civils & Drainage, the specialist supplier of ground pipeline products for the civil engineering, drainage, ground works, agricultural and water utility sectors

Construction

Legal Advisors Macdonald Henderson – Civils and Drainage Supplies (Group) Limited / Harty and Smith – for individual
Accountants Consilium Chartered Accountants - Civils and Drainage Supplies (Group) Limited

R & W Scott Limited, Carluke

Lead Advisor: Bellwether Green Limited  |  Date of deal: 08/07/2024

The establishment of the R & W Scott Employee Ownership Trust and its acquisition of the entire issued share capital of Scotts Holdco Limited, the holding company of R & W Scott Limited

Manufacturing

Legal Advisors Bellwether Green Limited, Target Group, Shoosmith, Lender
Corporate Finance HNH Group, Target Group,
Investors / Lenders Shawbrook Bank, Target Group
Other Advisors Gililand & Co, Tax Adviser, Target Group

DJR Sport Ltd, Dumfries

Lead Advisor: Bellwether Green Limited  |  Date of deal: 21/05/2024

Sale of majority shareholdings in DJR Sport Ltd (t/a The Solway Sharks Ice Hockey Team)

Other

Legal Advisors Bellwether Green, vendor

DL Bloomer Limited, Glasgow

Lead Advisor: Bellwether Green Limited  |  Date of deal: 16/05/2024

Sale of the entire issued share capital of financial advisers DL Bloomer Group to Chase De Vere IFA Group PLC

Business Services

Legal Advisors Bellwether Green, Vendor and Brabners LLP, Purchaser
Corporate Finance Craig Corporate

Aurora Avionics, Edinburgh

Lead Advisor: MBM Commercial  |  Date of deal: 28/05/2024

Aurora Avionics received investment from Gabriel Investment Syndicate and Scottish Enterprise.

IT

Legal Advisors MBM Commercial advised Aurora Avionics

RAM 225 Limited, Blantyre

Lead Advisor: Bellwether Green Limited  |  Date of deal: 08/05/2024

Sale of the entire issued share capital of RAM 225 Limited to Calderglen Care Limited

Other

Legal Advisors Bellwether Green, Vendor and BTO Solicitors, Purchaser

Lighthouse Carbon Offset Limited t/a Greenfeet, Dunfermline

Lead Advisor: Harper Macleod  |  Date of deal: 09/01/2024

Multiple private investors providing initial funding injection into Environment forward tech - Greenfeet.

Other

Legal Advisors Harper Macleod
Accountants N/A
Corporate Finance N/A
Investors / Lenders N/A
Other Advisors Clyde & Co LLP

Kingdom Technologies Ltd, Glasgow

Lead Advisor: Harper Macleod  |  Date of deal: 26/02/2024

Founder sold a portion of their shares in a secondary share sale to a third party, who become a new shareholder in the Company.

Other

Legal Advisors Harper Macleod
Accountants N/A
Corporate Finance N/A
Investors / Lenders N/A
Other Advisors N/A

IndiNature, Jedburgh

Lead Advisor: Burness Paull  |  Date of deal: 09/01/2024

Burness Paull advised IndiNature on a second stage capital investment from SNIB

Manufacturing

Legal Advisors Burness Paull advised IndiNature and Shep Wed advised SNIB

Wyoming Interactive, Edinburgh

Lead Advisor: Macdonald Henderson  |  Date of deal: 04/06/2024

Advising on the succession of Wyoming Interactive, the Edinburgh-headquartered global digital consultancy (acting for the exiting founder) who will go on to form a standalone (complimentary) consultancy business

Business Services

Legal Advisors Macdonald Henderson – exiting founder / Ian Kennedy – WS (Company)
Accountants Consilium Chartered Accountants

Tayburn Holdings Limited, Edinburgh

Lead Advisor: Macdonald Henderson  |  Date of deal: 25/04/2024

Advising Scottish creative agency Tayburn on joining forces with Lewis, in a six-figure cash and equity deal that will bring together the agencies’ branding, packaging, design, and digital services

Business Services

Legal Advisors Macdonald Henderson – Tayburn / Clerwood Legal - Lewis

Scotwood Macdonald Ltd, Oban

Lead Advisor: Macdonald Henderson  |  Date of deal: 11/04/2024

Advising on MBO of Scotwood Macdonald, the forest inventory and engineering business, based in Argyllshire

Agriculture

Legal Advisors Macdonald Henderson – Scotwood Macdonald
Accountants Consilium – Scotwood Macdonald

2i, Edinburgh

Lead Advisor: Macdonald Henderson  |  Date of deal: 30/04/2024

Co-advising with Stephenson Harwood on the Scots elements of an eight-figure investment by London based private equity firm, Rockpool, in 2i (an Edinburgh based testing and quality assurance specialist).

Software

Legal Advisors Rockpool was advised by Stephenson Harwood (Legal), Macdonald Henderson (Legal – Scottish elements) / 2i was advised by Moore Kingston (Corporate Finance & Tax) and Bird & Bird (Legal)
Other Advisors Saffery (Financial & Tax) / Palladium Digital (Technology) / Continuum (Organisational) / and Claritas (Tax Structuring)

NeuroClin Ltd, Motherwell

Lead Advisor: Macdonald Henderson  |  Date of deal: 12/04/2024

Advising private individual on the completion of an investment transaction involving N4 Partners.

Life Sciences

Accountants Macdonald Henderson – NeuroClin/Private Individual / Anderson Strathern – Investors
Investors / Lenders N4 Investments Limited

Edinburgh Homecare t/a Meloosha Homecare Edinburgh Limited, Edinburgh

Lead Advisor: Harper Macleod LLP  |  Date of deal: 22/04/2024

The sale of the target to the Purchaser, and the subsequent grant by the Vendor of a franchise of the Vendor's home care brand to the target post-completion.

Business Services

Legal Advisors Harper Macleod LLP (Vendor) and BBM Solicitors (Purchaser) and Albany Fraser Limited (Vendor)
Accountants Drummond Laurie (Vendor)

WBP SCO C LLP, Auchterarder

Lead Advisor: Harper Macleod (Advisor - Vendor)  |  Date of deal: 01/05/2024

Asset sale by Vendor of 'Waterbabies' franchise business to Purchaser with Franchisor's consent

Business Services

Legal Advisors Harper Macleod (Vendor) Ashtons Legal (Purchaser)

Altsignals Ltd, Aberdeen

Lead Advisor: Harper Macleod  |  Date of deal: 18/04/2024

Reduction of share capital by Altsignals Ltd

Other

Legal Advisors Harper Macleod LLP, Glasgow (Vendor)
Accountants Acumen Accountants, Aberdeen (Vendor)

Packaging with Robots Ltd, Glasgow

Lead Advisor: Grant Thornton  |  Date of deal: 16/07/2024

Acquisition of a minority interest in Packaging with Robots by Coesia

Other

Newgate Technology Limited, Edinburgh

Lead Advisor: Grant Thornton  |  Date of deal: 01/08/2024

Acquisition of Newgate Technology Limited by Athera Healthcare Limited (backed by Aliter Capital)

HealthTech

Kinegar Quarries Limited, Berwickshire

Lead Advisor: Tynedale Roadstone Limited  |  Date of deal: 03/05/2024

We advised Tynedale Roadstone Limited on a business purchase from Kinegar Quarries Limited. This included preparation of the business purchase agreement and property documentation.

Software

Legal Advisors Harper Macleod LLP (Purchaser)

The Full Range Ltd, Glasgow

Lead Advisor: Induvidual Sellers  |  Date of deal: 11/04/2024

Sale of The Full Range Ltd

Food & Drink

Legal Advisors Harper Macleod, Glasgow (for certain Vendors) and Boodle Hatfield, London (Buyer)
Accountants Acumen, Glasgow (Vendors) and PWC, London (Buyer)
Corporate Finance PWC, London (Buyer)

Beringar Ltd, Edinburgh

Lead Advisor: Beringar Ltd  |  Date of deal: 19/04/2024

The company received a £50,000 investment from a private investor.

Other

Legal Advisors Harper Macleod LLP

The Full Range Ltd, Glasgow

Lead Advisor: Harper Macleod  |  Date of deal: 11/04/2024

Sale of The Full Range Ltd

Software

Legal Advisors Harper Macleod, Glasgow (for certain Vendors) and Boodle Hatfield, London (Buyer)
Accountants Acumen, Glasgow (Vendors) and PWC, London (Buyer)
Corporate Finance PWC, London (Buyer)

Beringar Ltd, Edinburgh

Lead Advisor: Harper Macleod  |  Date of deal: 19/04/2024

The company recieved £50,000 investment from a private investor.

Other

Legal Advisors Harper Macleod LLP

Kinegar Quarries Limited, Berwickshire

Lead Advisor: Harper Macleod  |  Date of deal: 03/05/2024

We advised Tynedale Roadstone Limited on a business purchase from Kinegar Quarries Limited. This included preparation of the business purchase agreement and property documentation.

Other

Legal Advisors Harper Macleod LLP (Purchaser)

Perfect Clean Edinburgh Ltd, Edinburgh

Lead Advisor: Harper Macleod  |  Date of deal: 08/04/2024

We advised the shareholder of Perfect Clean Edinburgh Ltd on the sale of shares. This included advising on the share transfer, new articles of association and a shareholders' agreement.

Other

Legal Advisors Harper Macleod LLP, Edinburgh (Vendor)

Reath Technology Ltd, Edinburgh

Lead Advisor: Harper Macleod  |  Date of deal: 30/07/2024

Convertible loan note agreement to be entered into between the Reath Technology Limited and Elemental Excelerator inc

Other - Technology

Legal Advisors Harper Macleod

Kenoteq Ltd, Edinburgh

Lead Advisor: Harper Macleod (Advisor - Vendor)  |  Date of deal: 01/05/2024

Further investment by current shareholders & other individuals

Construction

Legal Advisors Harper Macleod (Vendor) and MBM Commercial LLP (Investors)

Marcliffe Hotel Limited, Aberdeen

Lead Advisor: AAB Group  |  Date of deal: 01/06/2024

Acquisition of Marcliffe Hotel Limited by Balmoral Group Holdings Limited

Other

Legal Advisors Burness Paull for Target / Blackwoods for Buyer
Accountants AAB for Target / JCCA for Buyer
Corporate Finance AAB for Target

The Harbro Group Limited, Aberdeen

Lead Advisor: AAB Group  |  Date of deal: 01/06/2024

Acquisition of Murray Farmcare Limited by The Harbro Group Limited

Agriculture

Legal Advisors Pinsent Masons LLP / Ledingham Chalmers LLP for Buyer
Accountants AAB for Buyer
Corporate Finance AAB for Buyer

DSM Limited, Shetland

Lead Advisor: AAB Group  |  Date of deal: 01/06/2024

Acquisition of Johnson Marine Scotland Ltd by a Private Individual

Food & Drink

Legal Advisors Stronachs for Target / Anderson Strathern for Buyer
Accountants AAB for Buyer
Corporate Finance AAB for Buyer

Absoft Limited, Aberdeen

Lead Advisor: AAB Group  |  Date of deal: 01/06/2024

Acquisition of Absoft LImited by Applexus Technologies Inc

Software

Legal Advisors Napthens for Target / Anderson Strathern for Buyer
Accountants AAB for Target / Lincoln International for Buyer
Corporate Finance AAB for Target

Rovop Group Limited, Aberdeen

Lead Advisor: AAB Group  |  Date of deal: 01/05/2024

Acquisition of Rovop Group Limited by Chouset Group

Other - Technology

Accountants AAB for Target / EY for Buyer
Corporate Finance AAB for Target

Red Rooster Lifting Limited, Aberdeen

Lead Advisor: AAB Group  |  Date of deal: 01/05/2024

Acquisition of Red Rooster Lifting Limited by Aquapro B.V

Other - Energy

Legal Advisors Addleshaw Goddard for Target
Accountants AAB for Target
Corporate Finance AAB for Target

Morrison Community Care, Glasgow

Lead Advisor: AAB Group  |  Date of deal: 01/05/2024

Acquisition of Morrison Community Care (Euel) by Priory CC125 Limited

Other

Legal Advisors Shoosmiths for Target / Addleshaw Goddard for Buyer
Accountants AAB for Target
Corporate Finance AAB for Target

Ledge 1113 Limited, Aberdeen

Lead Advisor: AAB Group  |  Date of deal: 01/04/2024

Acquisition of Ledge 1113 Limited by Trexon

Other - Technology

Legal Advisors Blackwood for Target
Accountants AAB for Target / RSM for Buyer
Corporate Finance AAB for Target

A&R Burnett Limited, Stirling

Lead Advisor: AAB Group  |  Date of deal: 01/04/2024

Acquisition of A&R Burnett by SBG Holdings International Limited

Transport

Legal Advisors Gilson Gray for Target / CMS for Buyer
Accountants AAB for Target / Deloitte for Buyer
Corporate Finance AAB for Target

Modutec Holdings Limited, Aberdeen

Lead Advisor: AAB Group  |  Date of deal: 01/04/2024

Acquisition of Seaking by Modutec Holdings

Other

Legal Advisors Hill Dickinson for Target
Accountants Internal for Target / AAB for Buyer
Corporate Finance AAB for Buyer

North Group Limited, Aberdeen

Lead Advisor: AAB Group  |  Date of deal: 01/03/2024

Acquisition of North Group Limited by Dunham Massey Investment Group Limited

Business Services

Legal Advisors Aberdein Considine for Target / Neath Raisbeck Golding Law for Buyer
Accountants AAB for Target / TML Advisory for Buyer
Corporate Finance AAB for Target

RG Electrical (Scotland) Limited, Aberdeen

Lead Advisor: AAB Group  |  Date of deal: 01/02/2024

MBO of RG Electrical (Scotland) Limited by RG ELectrical Management Team

Other - Energy

Legal Advisors Stronachs for Target & Managment team
Accountants AAB
Corporate Finance AAB

ANM Group Limited, Aberdeen

Lead Advisor: AAB Group  |  Date of deal: 01/02/2024

Acquisition of Sweeney Kincaid Limited by ANM Group

Agriculture

Legal Advisors Brodies for Target / Aberdein Conisidine for Buyer
Accountants Azets for Target / AAB for Buyer
Corporate Finance AAB for Buyer

Grace Scott Energy Solutions Limited, Aberdeen

Lead Advisor: AAB Group  |  Date of deal: 01/01/2024

Acquisition of Grace Scott Energy Solutions Limited by Cegal Limited

Renewables

Legal Advisors Aberdein Considine for Target / Stronachs for Buyer
Accountants AAB for Buyer
Corporate Finance AAB for Buyer

Roy Cowie LBS Limited, Aberdeen

Lead Advisor: AAB Group  |  Date of deal: 01/01/2024

Acquisition of Roy Cowie LBS Limited by The Nurture Landscapes Group

Other

Legal Advisors Aberdein Considine for Target / Harper Macleod for Buyer
Accountants AAB for Target
Corporate Finance AAB for Target

Kick ICT Group, Glasgow

Lead Advisor: AAB Group  |  Date of deal: 01/01/2024

Investment into Kick ICT by LDC

Software

Legal Advisors MBM for Target / Pinsent Masons for Investor
Accountants AAB for Target / PWC for Investor
Corporate Finance AAB for Target

Acquire-X Limited, Dundee

Lead Advisor: Bellwether Green Limited  |  Date of deal: 25/04/2024

Acquisition of the entire issued share capital of All Timerberlines Limited

Manufacturing

Legal Advisors Bellwether Green Limited, Purchaser. Stronachs, Vendor. Dentons for the Lender.
Investors / Lenders Close Invoice Finance Limited - Lender

Hamilton Robertson Holdings Limited, Kirkintilloch

Lead Advisor: Bellwether Green Limited  |  Date of deal: 03/05/2024

Sale of the entire issued share capital of Hamilton Robertson Holdings Limited to Greenwood Group Holdings Limited

Other

Legal Advisors Bellwether Green Limited, Shareholders of Target, Morton Fraser MacRoberts LLP, Purchaser
Accountants Consilium Chartered Accountants

Sustain (Scotland) Limited, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal: 16/01/2024

Advising Sustain Scotland, the innovative building and construction products, in relation to a company restructure to allow equity participation by a new trade investor

Construction

Legal Advisors Macdonald Henderson – Company

Centre Safe Group Limited t/a Lion Safety, Grangemouth

Lead Advisor: Macdonald Henderson  |  Date of deal: 28/03/2024

Advising the shareholders of Centre Safe Group Limited, t/a Lion Safety, a well-established business dealing with the supply of workwear and PPE, on the disposal of the company to Grove Global Holdings Limited (a holding company of SMI Group), a specialist supplier of workplace products

Retail

Legal Advisors Macdonald Henderson – shareholders of Vendor - HCR Legal LLP - Buyer
Accountants Drummond Laurie – accountants to shareholders of Vendor

Kite Group Limited, Edinburgh

Lead Advisor: Macdonald Henderson  |  Date of deal: 19/01/2024

Advising the shareholders of Kite Group (a UK leader in the design and supply of handrails, walkways, barriers, roof-edge protection systems, access safety-related products) in the sale of their majority shareholding to two trade buyers

Manufacturing

Legal Advisors Macdonald Henderson – Shareholders of Kite Group Limited - Myinhouselawyer – Trade Buyers
Accountants Drummond Laurie – Trade Buyers & Sellers

House of Tartan, Crieff

Lead Advisor: Macdonald Henderson  |  Date of deal: 25/03/2024

Advising the shareholders of House of Tartan, home of the World’s leading Tartan database, on the disposal of the company to Scotland shop Browne White Ltd the tailored Tartan clothing & interiors specialist

Retail

Legal Advisors Macdonald Henderson – the shareholders of the Vendor - Turcan Connell - Buyer
Accountants TC Bulleydavey – Accountants for Vendors
Other Advisors Irving Geddes – Property Agents for Vendors

Iformis Limited, Edinburgh

Lead Advisor: Macdonald Henderson  |  Date of deal: 26/01/2024

Advising on the acquisition of a 75% shareholding in a Scottish based software company - Iformis Limited - by Hogan Group a highly profitable family run group of companies including Hogan (Asphalt) Limited, Hogan (Concrete) Limited and Hogan (Aggregates) Limited.

Software

Legal Advisors Macdonald Henderson – Buyer - Clerwood Legal- Seller
Accountants PWC - Buyer
Other Advisors Scintilla IP – Buyer - Howden Insurance – Buyer

Dunlaur Services Limited, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal: 01/03/2024

Advising shareholder of Dunlaur Limited on the disposal of shares to fellow shareholder and formalisation of loans with Highland Alarms Limited

Business Services

Legal Advisors Macdonald Henderson – Dunlaur Limited

Contraflow Limited, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal: 25/03/2024

Advising Contraflow Limited the leading Scottish traffic management solutions provider, on the acquisition of CTM Carlisle, an independent, full service, traffic management business

Transport

Legal Advisors Macdonald Henderson – Buyers - Burnetts - Sellers - iLaw – English property solicitors for Buyers
Accountants Craig Corporate Accountants - Buyers

Cofficient Limited, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal: 28/03/2024

Advising Cofficient Limited, the leading Scottish IT company on the disposal of the company to an Employee Ownership Trust.

IT

Legal Advisors Macdonald Henderson - Vendors
Accountants Consilium Chartered Accountants - Vendors
Other Advisors Ownership Associates – Employee ownership specialists

BEC Plastics Holdings Limited, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal: 05/03/2024

Advising the management team on the MBO of BEC Plastics Holdings Limited, the leading Scottish specialist manufacturer of precision machined engineering plastic components

Manufacturing

Legal Advisors Macdonald Henderson – Management Team of BEC Plastics Holdings Limited (Buyer) - Clarity Simplicity – Vendor
Accountants Graham & Co Accountants – Buyer

APGK Limited, Kinross

Lead Advisor: Macdonald Henderson  |  Date of deal: 26/03/2024

Advising Anchorpoint Interiors, one of the UK’s leading corporate and commercial workplace design and build companies, on the acquisition of Dale Interiors, the commercial fit-out and design business

Other - Energy

Legal Advisors Macdonald Henderson – Buyers - Banner Jones - Sellers
Accountants Drummond Laurie – Accountants for Buyers

91BC Property Services Limited, Glasgow

Lead Advisor: Macdonald Henderson  |  Date of deal: 18/03/2024

Advising 91BC the market leading Scottish property factoring company on the buyback of shares from minority shareholder as part of a management restructure

Business Services

Legal Advisors Macdonald Henderson - 91BC Property Services Limited

GBG1 Ltd, Glasgow

Lead Advisor: Bellwether Green Limited  |  Date of deal: 19/08/2024

Management Buy-Out of the entire issued share capital of TFR Weatherproofing Limited

Construction

Accountants Robertson Craig, Purchaser; BDO Vendors;

Dalriada Veterinary Surgery, Lochgilhead

Lead Advisor: Bellwether Green Limited  |  Date of deal: 29/05/2024

Purchase of 50% of Dalriada Veterinary Surgery Partnership by Justine Armstrong

Agriculture

Legal Advisors Bellwether Green Limited, Purchaser and Stewart Balfour & Sutherland, Vendor