Weightmans’ Glasgow office celebrates £70m deals year

Weightmans’ Glasgow office celebrates £70m deals year

Claire McCracken

Weightmans’ corporate team in Glasgow advised on M&A deals in 2022 with a value of £69.6m.

The Glasgow team, led by Claire McCracken, advised on 17 acquisitions in 2022. Notable deals in the space included advising national dental group Dentex Healthcare on a series of acquisitions, including two Glasgow-based practices, Shawlands Dental Care and Orchard Park Dental Practice.

Weightmans also advised on three notable disposals across the year, including the sale of Glasgow-based research institute SB Drug Discovery to the acquisitive Sygnature Discovery, as well as the refinancing and employee buyout of Edinburgh-based Photonic Solutions from Panoramic Growth Equity.

Claire McCracken, corporate partner and regional office head at Weightmans Glasgow, said: “2022 has been an incredibly busy year for our corporate team here in Glasgow. Despite the economic headwinds, businesses in the region have proved resilient and innovative, learning to thrive in this challenging environment.

“The health and care sector has proved particularly buoyant, with acquisitions for Dentex Healthcare Group and TAC Holding (House of Hearing) exemplifying the types of opportunities open to investors who want to capitalise on the growth of a key sector.

“Our team has already grown in tandem with this uplift in activity, with the arrival of Rebecca Ellis as solicitor, and we’re eyeing more recruitment this year to expand our expertise even further.”

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