Deals

CMS has been appointed to advise the Northern Lighthouse Board (NLB) on the procurement of a new vessel to replace the NLV Pole Star. The Oban-based 52.5m vessel, used for buoy-laying and other core NLB operations, was built in 2000 by Ferguson Shipbuilders in Port Glasgow.

Macdonald Henderson has advised Inspire Scotland, the Glasgow-based residential childcare group, on a £4.5 million refinancing and growth package. Inspire Scotland has agreed £4.5 million in refinance and growth funding with ThinCats, the alternative lender to mid-sized businesses.

Scotland recorded 165 deals worth £2.3 billion in a year subdued by the pandemic, the Experian United Kingdom and Republic of Ireland M&A Review, shows. Addleshaw Goddard retained its half-year ranking at the top of the table, with a total of nine deals, followed by CMS with six deals

Shepherd and Wedderburn corporate finance team has reported a busy first half of the 2020/21 financial year, supporting clients with strong and sustained deal activity despite the challenging environment created by the Covid-19 pandemic. The firm’s corporate finance lawyers advised on deals wi

CMS has advised M-Squared Lasers group (MSL) and its management team, on a complex, £32.5m multi-jurisdictional financing transaction to acquire a substantial part of business growth fund’s (BGF) shareholding in MSL. The deal also incorporates a significant investment into MSL by the new

DWF has advised long-standing client Aliter Capital on its investment into Skill Pill, a digital micro learning specialist. Aliter Capital is a specialist UK support services investor, focussing on small and mid-sized businesses in the UK support services sector.

Multinational law firm Pinsent Masons has advised Edinburgh-based Red Rock Power Limited on the sale of 50 per cent of the Inch Cape Offshore Wind Farm development and subsequent joint venture with ESB. Once complete, the wind farm will generate approximately one gigawatt of electricity, powering up

The corporate team at Shoosmiths has advised Extreme E in securing additional funding. Extreme E is an international off-road racing series that brings electric racing to remote parts of the world to highlight climate change challenges.

Womble Bond Dickinson (WBD) has advised waste management and recycling company Augean plc on its acquisition of the EcoCentre in Peterhead from US oil services firm Halliburton. Located in Aberdeenshire at the heart of the oil and gas supply chain, the EcoCentre provides the North Sea oil and gas in

Lawyers in the Edinburgh office of Burges Salmon have advised on a major partnership to develop offshore wind projects in the Lithuanian Baltic Sea. The firm's corporate team advised Ocean Winds (OW), the offshore wind joint venture formed between EDPR and ENGIE, on its strategic partnership with Li

Addleshaw Goddard has advised on the £2.33 million capital raising comprising a placing and offer for subscription by Frontier IP Group plc. Frontier IP, an AIM-listed specialist in spinning out and commercialising intellectual property, has raised approximately £2.33m by way of a placin

Burges Salmon has advised Europe's first oncology drug discovery accelerator, Cumulus Oncology, in connection with its inaugural investment fundraise of £1.7 million. St Andrews-based investment firm Eos Advisory led the investment round, supported by the Scottish Investment Bank, the investme

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

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