Anderson Strathern has advised Crown Estate Scotland on the purchase of a sustainable development site near Montrose in Angus. The 123-acre Zero Four site was bought by Crown Estate Scotland from ISLA Developments for £3.7 million and marks Crown Estate Scotland’s first purchase since be
Deals
Burges Salmon has advised global renewable energy developer BayWa r.e. UK on the acquisition of Brockwell Energy’s Dalquhandy Wind Farm in Coalburn, South Lanarkshire. Dalquhandy is one of Brockwell Energy's key projects, owing to its good wind resource as well as its proximity to Coalburn and
Scottish fintech Aveni has secured seed investment of £520,000 for its video conferencing based AI technology, which aims to transform client interaction in financial and professional advice sectors in the new age of ‘digital client service’. The investment, led by the TRICAPITAL a
DWF has advised Keywords Studios, an international technical and creative services provider to the global video games industry, on its placing to raise gross proceeds of approximately £100m. The shares being issued represent approximately 10.5 per cent of the issued ordinary share capital of t
CMS has advised United Capital in its acquisition of Bellshill-headquartered central heating provider Saltire Facilities Management for an undisclosed sum. Saltire Facilities Management has more than 320 direct employees and is currently one of the UK’s largest central heating and electrical s
DLA Piper has advised long-standing client Greencoat UK Wind on the acquisition of the South Kyle wind farm in Scotland from developer Vattenfall for £320 million once the farm begins operating in Q1 2023. South Kyle is located 5km to the east of Dalmellington on the boundary of Dumfries &
Macdonald Henderson has advised EHC Energy Limited, the distributor of electric heating and hot water products, on the employee buyout of the company from existing shareholders/directors, Bill Walters and David Stevenson. The transaction was supported by acquisition finance from Clydesdale Bank.
The corporate team at Harper Macleod is on course to complete more than 30 deals worth over £50 million during the lockdown period – in a positive sign that corporate Scotland is still open for business. Since the UK's lockdown began on 23 March, the firm's team has completed 12 deals re
CMS has acted as principal and lead lawyers in the reverse takeover of Hertsford Capital plc by Lancaster-based marine technology company OTAQ Group Limited. Hertsford, which will change its name to OTAQ plc shortly, is now listed on the London Stock Exchange (LSE). The transaction also included an
Shepherd and Wedderburn's corporate team has acted for Bella & Duke Limited, a pet wellness brand and a vendor of raw, unprocessed pet food, to secure a £3.5 million investment. Founded in 2016 by dog-owners Mark Scott and Tony Ottley, the funding will be used to expand Bella & Duke's
Macdonald Henderson has advised the sole shareholder of RUA Medical Devices in the agreed conditional takeover by artificial heart valve developer AorTech International, in a £2.45 million deal that brings together two Scottish life sciences companies.Dundee-based Aortech is behind Elast-Eon,
Burness Paull LLP has been confirmed as the top-performing legal dealmaker in Scotland for the fifth year in succession. The firm advised on 304 publishable transactions with a cumulative value of £31.4 billion - topping the figures for the previous 12 months, 263 deals worth £30.1 billi
Macdonald Henderson has advised Inspire Scotland on the acquisition of Gladstone Childcare. Inspire Scotland is a provider of residential care and Gladstone Childcare provides services to children across Scotland.
Burges Salmon’s corporate finance team has advised the majority shareholders of market-leading UK timber producer BSW Timber on its sale to private equity firm Endless. With its headquarters located in Earlston, BSW is the UK’s largest integrated forestry and sawmilling business, with ei
Pinsent Masons has advised Aberdeen-based John Wood Group PLC on the sale of its industrial services business to KAEFER, a technical services provider, for $104 million (£80m) and a further payment of up to around $14m (10.8m) pending achievement of agreed financial goals. The divestment is an