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Deals & Enterprise

Acquisitions

Two deals add £175m to Thorntons Investments

Stephen-Webster-Thorntons-Investments
Stephen Webster: milestone Thorntons Investments, the Dundee-based firm, has acquired two financial advisory firms. It has snapped up Matheson Financial Consulting in Aberdeen and Sonas Wealth Management in Dundee forRead More

Pioneering pen

Funding boost to help detect onset of Parkinson’s disease

Billy Connolly
Sufferer: Billy Connolly A Scottish company has closed a £1.2m funding round to develop a pioneering digital pen which acts as an early warning sign of Parkinson’s disease. Edinburgh-based ManusRead More

International expansion

Scottish Business Network opens office in New York

Ian Houston
Ian Houston: key moment Scottish Business Network, the global organisation linking Scots around the world, is launching its first international outpost. A new company has been set up with aRead More

£55m acquisition

Debenhams stores and jobs left out of Boohoo deal

Debenhams store Edinburgh
Debenhams’ remaining stores will close Thousands of Debenhams staff will lose their jobs after Boohoo, the online fashion retailer, confirmed that it is buying the brand and other assets from itsRead More

Project stalled

Pitch@Palace ‘put on pause’ after staff resign

Duke of York
Prince Andrew with former Lord Provost of Edinburgh Donald Wilson at a Pitch@Palace event at Dynamic Earth in 2015 Prince Andrew’s business enterprise Pitch@Palace is understood to have been pausedRead More

Software deal

Scots fintech firm HubSolv snapped up by Aryza

Lewis-Black-and-Fraser-Hamilton
Lewis Black and Fraser Hamilton Scottish fintech company HubSolv, created by two former school friends, has been sold to Irish software and data services provider Aryza. Glasgow-based HubSolv provides automatedRead More

Time wasting claim

Digital grant shortfall leaves small firms fuming

Kate Forbes
Kate Forbes: encouraged firms to take up ‘valuable opportunity’ (pic: Terry Murden) A small business director has accused the Scottish government of wasting the time of thousands of businesses byRead More

Marine deal

QED Naval acquires world leading tidal project

Jeremy-Smith-and-Keith-Murray-of-QED-Naval
Jeremy Smith and Keith Murray of QED Naval Scottish marine renewables specialist QED Naval has acquired the world’s largest tidal turbine array as it builds on plans to disrupt theRead More

IT deal

SoConnect adds IT Centric to telecoms portfolio

Campbell Fraser
Campell Fraser: financial strength Borders telecoms and IT managed services business SoConnect has acquired Edinburgh-headquartered IT Centric, an IT and telecoms services company.  IT Centric was founded in 2004 byRead More

Some shops rescued

Edinburgh Woollen Mill jobs saved in consortium deal

Edinburgh Woollen Mill
Edinburgh Woollen Mill has its roots in Scotland (pic: Terry Murden) Edinburgh Woollen Mill, the clothing retailer with roots in Scotland, has been bought out of administration in a dealRead More