ScottishNews.com

Finance

Tinto Hill’s search for £50m business acquisition begins in Scotland

Published 1 year ago

Spearheaded by Edinburgh-born entrepreneur Nick Hodgson, a new Scottish search fund, Tinto Hill, has been launched with the goal to acquire a business worth up to £50 million.

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Scottish Enterprise backs Össur with £400,000 for prosthetic innovations

Published 1 year ago

Livingston-based prosthetic technology specialist, Össur, has secured a £400,000 research and development grant from Scottish Enterprise, as part of a £2 million project aimed at advancing upper limb prosthetic technologies.

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Deanestor returns to pre-pandemic profits amid £5m turnover growth

Published 1 year ago

Dunfermline-based furniture and fitout specialist Deanestor has reported an impressive financial performance, bouncing back to pre-pandemic profit levels and experiencing a 35% increase in turnover, which reached £19 million in the year ending 31 December 2022. 

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Johnston Carmichael corporate team enjoys record year with deals worth £617m

Published 1 year ago

Scottish accountancy firm Johnston Carmichael has reported its most successful year for its corporate finance division, surpassing £600 million worth of deals.

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Accountancy firm Saffery Champness rebrands and becomes Saffery

Published 1 year ago

Accounting and advisory firm Saffery Champness has reached a major milestone in its more than 165 year history as it launches its refreshed brand and becomes Saffery.

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Employee ownership model gains momentum in Scotland with two new additions

Published 1 year ago

While one trades in steel and the other in numbers, two more Scottish firms - Alexander (Scotland) & Co and Glen Drummond Chartered Accountants - have opted to become employee owned, handing their respective employees a 100% share via the creation of an employee ownership trust (EOT).

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Chiene + Tait Financial Planning transforms into Seven Street Wealth following management acquisition

Published 1 year ago

Edinburgh-based financial advisory firm Chiene + Tait Financial Planning has undergone a management buyout led by directors Mark Dobson and Gordon Birrell.

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Hutcheon Mearns invests in new Aberdeen office amidst rapid growth

Published 1 year ago

Financial services firm Hutcheon Mearns has expanded its Scottish presence with the acquisition and refurbishment of a prominent Aberdeen office located at 2 Queens Road.

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Confidence returns to rural business while financial concerns continue

Published 1 year ago

Highlands and Islands businesses have growing confidence in Scotland’s economic output and the performance of individual enterprises, but concerns over finances remain prominent, according to a new survey of Scotland’s rural businesses and social enterprises.

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LINC Scotland launches new Angel Capital Scotland branding

Published 1 year ago

LINC Scotland, the national angel capital association, has launched a new operating brand, Angel Capital Scotland.

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K3 Capital Group tops Scottish M&A table for first half of 2023

Published 1 year ago

K3 Capital Group was the most prolific financial adviser in the Scottish M&A market in the first half of 2023, according to the latest Experian MarketIQ report.

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Scottish Dental Care pours £400k into Glasgow clinic refurbishment

Published 1 year ago

Scottish Dental Care has embarked on a significant expansion project at its Cardonald Dental Clinic in Glasgow, backed by a £400,000 investment.

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Provisional liquidators appointed to North Lands Creative Glass

Published 1 year ago

Blair Nimmo and Geoff Jacobs from Interpath Advisory have been appointed joint provisional liquidators of North Lands Creative Glass, a Caithness-based charity and company limited by guarantee, on 22 August 2023.

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Barclays sows the seeds for century-old Galloway and MacLeod expansion

Published 1 year ago

Scottish agriculture-feed manufacturer, Galloway and MacLeod, has expanded operations to five new overseas markets after receiving operational support from Barclays Corporate Banking.

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PwC UK’s annual results reveal cut to partner payouts amid £100m AI investment

Published 1 year ago

PwC UK has posted its financial performance for the last fiscal year, showing a rise in consolidated revenue by 16% to £5.8 billion.

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