Tumelo’s £1 Million Raising

Addleshaw Goddard’s fintech team, based in Scotland, advised Tumelo on the deal. Financial technology start-up Tumelo has raised £1m in seed funding to develop a platform to show investors exactly which companies they own through personal investments and pension funds. The funding, secured from investors including singer-songwriter Peter Gabriel, will be used to perfect the […]

Kingdom Technologies’ £400,000 Investment

Harper Macleod advises cutting-edge robot mower business Kingdom Technologies on £400,000 investment. The funding has come from a collection of investors, led by prominent European early stage investment firms Superangel and United Angels. The round includes a number of other Scottish and Estonian investors. Kingdom Technologies Ltd was founded by an Estonian Joan Kangro and […]

Brickability Group plc’s £150 Million AIM IPO And £57 Million Institutional Placing

Addleshaw Goddard has advised Brickability Group plc on its £150m AIM IPO and associated £57 million institutional placing. Osborne Clarke has advised Cenkos Securities plc, in its capacity as nominated adviser and broker. Brickability is a leading specialist provider of bricks and other construction materials. Cenkos Securities PLC offers institutional securities services. The Company advises […]

Eildon Housing Association’s £40 Million Funding

The Housing team at Harper Macleod has advised Eildon Housing Association on a £40 million funding package with the Pension Insurance Corporation, which will help Eildon build 750 new homes by 2021. The private placement deal is investor PIC’s first private placement with a Scottish housing association. The long-term investment in the Borders-based organisation was […]

Keppel Infrastructure Trust’s acquisition of Australian chemical company Ixom from Blackstone

Ashurst has advised Blackstone and the management shareholders on the sale of 100% of the shares in Ixom to Keppel Infrastructure Trust (‘KIT’). Completion of the transaction is conditional on FIRB and OIO approval, as well as approval from KIT’s unitholders. Ashurst advised on the breadth of the transaction, including undertaking vendor legal due diligence, […]

Garbh Allt Community Initiative Estate’s acquisition of a historic crofting estate in West Helmsdale.

Garbh Allt Community Initiative Estate has bought out the Sutherland Estates’ crofting townships of Portgower, Gartymore, West Helmsdale and Marrel. The Scottish government-funded Scottish Land Fund and an SSE community fund contributed towards the £250,000 purchase price. New homes and rewilding are being considered for areas of the land. Sutherland Estates approached local grazing committees, […]

The Royal Bank of Scotland’s £53 million acquisition of FreeAgent Holdings plc

Dentons is advising FreeAgent Holdings plc (“FreeAgent”), the AIM-listed provider of cloud-based Software-as-a-Service (SaaS) accounting software solutions and mobile applications designed primarily for UK micro-businesses and their accountants, on its proposed acquisition by The Royal Bank of Scotland Group plc (“RBS”). The terms of the recommended cash offer value FreeAgent at approximately £53 million. FreeAgent […]