Deals

Addleshaw Goddard’s corporate team has advised the shareholders of Tulloch Homes on its sale to AIM-listed housebuilder Springfield Properties. The deal will see Tulloch Homes acquired by Springfield Properties for a net consideration of £56.4m.

The Scottish agritech business, Intelligent Growth Solutions Limited (IGS), announced the conclusion of its most recent funding round on Thursday at its COP26 exhibition site. Acting for IGS, Thorntons Solicitors oversaw the Series B £42 million deal, with major investors including COFRA AG (Z

Addleshaw Goddard has over the last 12 months advised Anderson Anderson & Brown (AAB) on two mergers, an acquisition and a significant investment. Today's combination with Leeds-based Sagars follows hot on the heels of a major investment in AAB by August Equity to fast track future growth plans,

Harper Macleod has been appointed to provide legal services to the Orkney-based European Marine Energy Centre (EMEC), the world’s leading test facility for wave and tidal power devices. The firm won a place on EMEC’s new legal services framework following a tender process and the appoint

The energy & natural resources team at Harper Macleod assisted Statkraft UK Limited on its sale of the operational Andershaw wind farm in South Lanarkshire to Greencoat UK Wind with the provision of project-side advice, vendor due diligence and the provision of a certificate of title. The deal

TLT has completed the sale of a 50MW battery storage project in Kintore near Aberdeen to SUSI Storage Development UK on behalf of ILI Energy Storage PLC (ILI), the clean energy development company. The transaction is the fourth battery storage sale TLT has completed for ILI Group in the last year, a

Shepherd and Wedderburn acted for Clydeport Operations Limited (COL) in concluding an option agreement with the sustainable energy company XLCC to construct a facility at Hunterston Port to produce high voltage sub-sea cables for the transmission of renewable energy. If planning permission is approv

CMS has advised Smart Metering Systems Plc (SMS) on its latest equity placing. The transaction involved an accelerated bookbuild process, managed by Cenkos Securities plc, Investec Bank plc and RBC Capital Markets, to raise around £175 million investment through a share placing. SMS is a fully

Gavin Buchan, who heads up Lindsays' banking team, has advised Shot Scope in its latest investment securing £1.5 million in funding from Virgin Money to help the Edinburgh-based company scale globally. Shot Scope has been a client of Lindsays for more than two years.

Macdonald Henderson has advised the Turnkey Group on the disposal of Turnkey Business Software (TBS) and Turnkey Infrastructure Solutions (TIS) to Kick ICT Group, led by technology entrepreneur Tom O’Hara. Founded in 2015, the deal is Kick’s sixth and seventh in six years as the bus

CMS has advised the Scottish National Investment Bank in relation to its investment into satellite-enabled connectivity start-up, R3 IoT Limited. The bank invested alongside US-based venture capital fund Space Capital in a round that closed at approximately £3.1 million ($4.3m).

Addleshaw Goddard’s corporate team in Scotland has advised the majority shareholders of Livingston-based lighting innovators, designLED, on its sale to Faurecia – an automotive technology company. The acquisition of designLED will bolster Faurecia’s offering in display technol

Macdonald Henderson has advised medical device company Emblation on an investment by healthcare investor Apposite Capital to support its international growth and broaden its market offering. Created in 2007 by joint co-founders Gary Beale and Eamon McErlean, Emblation designs, manufactures and comme

Gillespie Macandrew has advised independent bookseller Topping & Company on the acquisition of premises. The firm advised on the purchase of the Edinburgh site, a 4,000sqft former bank on Blenheim Place, which the bookseller had leased since summer 2019.

DWF has advised Aliter Capital-backed Sponge, a digital learning provider, on the acquisition of Idox Compliance from its parent company Idox plc. Sponge offers training solutions ranging from risk and compliance to people development and skills enhancement. It is backed by Aliter Capital LLP, a spe