TLT acquires Scottish practice Leslie Wolfson

Commercial law firm TLT has expanded in Scotland with the purchase of real estate specialist Leslie Wolfson & Co. The deal bolsters TLT’s 200-strong real estate practice, in particular in its work with retailers and leisure operators.

Car auctioning business Aston Barclay has acquired The Car Buying Group, a fast-growing consumer vehicle buying business. TCBG has developed its own online vehicle pricing tool and helps sell over 10,000 vehicles in the UK each year. It will continue to operate under the stewardship of current CEO Tom Marley, moving its 30-strong team to Aston Barclay’s new Wakefield site when it opens later this year.

After weeks of upheaval, viral publisher LadBible has confirmed it is buying rival Unilad out of administration. Unilad entered administration earlier in October with debts of around £10m, half of which was owed to departed founder Alex Partridge who had sold his debt to LadBible, making it Unilad’s primary creditor. The final acquisition has been agreed for an undisclosed sum and secures the immediate future of over 200 staff. The deal makes LadBible ‘the largest social video publisher ever’ with 120 million followers across platforms.

Engineering giant DYWIDAG-Systems International has acquired UK-based monitoring firm Datum Group. Founded in 1999, Datum employs 100 people and provides monitoring services to the mining, rail and construction sectors. It will join DSI’s global services division to capitalise on opportunities presented by projects such as HS2.

Premier Technical Services Group has acquired Guardian Electrical Compliance for £12m. With a further £4m payable over the next three years, the acquisition has been funded through a £20m share placement. PTSG was sold by Seneca Partners to an unnamed buyer earlier in the year. PTSG’s £3.5m deal for M&P Fire Protection, announced in July, is set to complete later this year.

Scottish private equity firm Inverleith has completed its acquisition of London health food chain Planet Organic. The £15m deal sees Inverleith CFO Stella Morse, who previously worked with Edinburgh’s Genius Foods, join Planet Organic’s board.

Digital transformation firm Roc Technologies has taken over data centre, cloud and managed service provider Esteem Systems. With 30 years’ experience serving private and public sector clients in local government, retail, higher education, legal, health and energy, Esteem is projected to boost Roc’s 2019 revenues to £80m and its headcount to 350 employees.

Leeds marketing agency Home has agreed to buy First 10 Digital, sealing a second deal in three months following its purchase of Fusion Learning in July. First 10 employs 32 staff and specialises in digital experience design. Its clients include PUMA, Tilda and Boots Hearingcare. First 10 will rebrand as Home, with MD Chris Soames and creative director Danyl Bosomworth joining Home’s board.

Premiership rugby club Worcester Warriors has been sold to a four-man consortium led by financier Errol Pope. The group has committed to investing and keeping the club at its Sixways ground. Its other members are Swindon Town chairman Jed McCrory, ex-player Dave Seymour and financial consultant Scott Priestnall. Worcester Warriors posted a loss of over £8m last year.

Flamerite Fires has completed a multi-million pound MBO which sees control of the company transfer from David Watts to his brother John. Based in Lichfield, Flamerite designs, assembles and manufactures high-end electrical stoves, fires and suites.

TLT acquires Scottish practice Leslie Wolfson

Commercial law firm TLT has expanded in Scotland with the purchase of real estate specialist Leslie Wolfson & Co. The deal bolsters TLT’s 200-strong real estate practice, in particular in its work with retailers and leisure operators.

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Aston Barclay buys The Car Buying Group

Car auctioning business Aston Barclay has acquired The Car Buying Group, a fast-growing consumer vehicle buying business. TCBG has developed its own online vehicle pricing tool and helps sell over 10,000 vehicles in the UK each year. It will continue to operate under the stewardship of current CEO Tom Marley, moving its 30-strong team to Aston Barclay’s new Wakefield site when it opens later this year.

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LadBible confirms takeover of rival Unilad

After weeks of upheaval, viral publisher LadBible has confirmed it is buying rival Unilad out of administration. Unilad entered administration earlier in October with debts of around £10m, half of which was owed to departed founder Alex Partridge who had sold his debt to LadBible, making it Unilad’s primary creditor. The final acquisition has been agreed for an undisclosed sum and secures the immediate future of over 200 staff. The deal makes LadBible ‘the largest social video publisher ever’ with 120 million followers across platforms.

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DYWIDAG-Systems International acquires Datum Group

Engineering giant DYWIDAG-Systems International has acquired UK-based monitoring firm Datum Group. Founded in 1999, Datum employs 100 people and provides monitoring services to the mining, rail and construction sectors. It will join DSI’s global services division to capitalise on opportunities presented by projects such as HS2.

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PTSG seals £12m deal for Guardian Electrical Compliance

Premier Technical Services Group has acquired Guardian Electrical Compliance for £12m. With a further £4m payable over the next three years, the acquisition has been funded through a £20m share placement. PTSG was sold by Seneca Partners to an unnamed buyer earlier in the year. PTSG’s £3.5m deal for M&P Fire Protection, announced in July, is set to complete later this year.

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Inverleith completes Planet Organic acquisition

Scottish private equity firm Inverleith has completed its acquisition of London health food chain Planet Organic. The £15m deal sees Inverleith CFO Stella Morse, who previously worked with Edinburgh’s Genius Foods, join Planet Organic’s board.

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Roc Technologies boosted by Esteem Systems deal

Digital transformation firm Roc Technologies has taken over data centre, cloud and managed service provider Esteem Systems. With 30 years’ experience serving private and public sector clients in local government, retail, higher education, legal, health and energy, Esteem is projected to boost Roc’s 2019 revenues to £80m and its headcount to 350 employees.

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First 10 Digital finds new home

Leeds marketing agency Home has agreed to buy First 10 Digital, sealing a second deal in three months following its purchase of Fusion Learning in July. First 10 employs 32 staff and specialises in digital experience design. Its clients include PUMA, Tilda and Boots Hearingcare. First 10 will rebrand as Home, with MD Chris Soames and creative director Danyl Bosomworth joining Home’s board.

Leave a Reply

Worcester Warriors announces new owners

Premiership rugby club Worcester Warriors has been sold to a four-man consortium led by financier Errol Pope. The group has committed to investing and keeping the club at its Sixways ground. Its other members are Swindon Town chairman Jed McCrory, ex-player Dave Seymour and financial consultant Scott Priestnall. Worcester Warriors posted a loss of over £8m last year.

Leave a Reply

Flamerite Fires completes MBO

Flamerite Fires has completed a multi-million pound MBO which sees control of the company transfer from David Watts to his brother John. Based in Lichfield, Flamerite designs, assembles and manufactures high-end electrical stoves, fires and suites.

Leave a Reply