Sharp minds on deals

Deal Highlights
2019 closed with the Johnston Carmichael Corporate Finance team successfully completing a significant number of high profile deals across a wide range of industry sectors. Read on for some of our deal highlights completed in Q3 and Q4…
Lead adviser to Centrifuges Un-limited, a provider of
heat transfer and fluid separation solutions to the energy sector, on its sale to Linton Investments.
Advisers to Synpromics on its sale to Ask Bio, a
US-based gene therapy company.
Lead adviser to TotsBots, the Scottish-based manufacturer of reusable nappies, on its sale to Frugi, backed by True Capital.
Adviser to the vendors of technology advisory specialists, Intuitus Limited, on its sale to Endava plc.
Lead adviser to Highland Haulage on its sale to ARR Craib/Gregory Distribution.
Lead adviser to the vendors of Osprey3, an integrated manufacturing and service company that delivers innovative filtration related products and services to the global oil and gas industry, on its sale to Centurion Group.
Accelerated disposal of the business and assets of M.S. Industrial Services Limited to Denholm MacNamee Limited.
Adviser to KeeResources, provider of automotive data solutions, on its sale to Autotrader.
Financial Due Diligence on behalf of Phenna Group, which operates in the TICC (Testing, Inspection, Certification & Compliance) sector on its acquisition of Group Management Electrical Surveys, an electrical services company based in Yorkshire.
Lead advisers to technology and software consultancy, Reservoir Imaging, on its sale to professional services firm RPS Group PLC.
Looking ahead
As we enter a new year and a new decade, it's an opportunity not only to reflect but also look forward to speculate on how the corporate finance market in Scotland will develop in the future.
Although the wider economic and political environment is presenting operational challenges to the business community, there are still many opportunities for our clients to explore as we see a range of M&A opportunities continuing to come to market. We have just finished a strong six months to December 2019 with a number of significant completions in Q4 alone and as we start 2020 we have a strong pipeline of work for the year ahead.

We have a dedicated team of in excess of 20 experienced professionals who are solely focused on Corporate Finance work and we will continue to strengthen the team during 2020. To view the senior team,
visit our website here

Johnston Carmichael is committed to supporting businesses and owners from start up to exit and at every stage of the journey. Our experienced team is on hand to advise and we look forward to working with you in the near future. Please don't hesitate to contact me if you'd like to talk through future plans for you and your business.

Graham Alexander
Partner and Head of Corporate Finance
Adviser to the vendors of Span Access Solutions on its sale to Haki.