Tag: acquisition
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Banks Renewables rebrands as OnPath Energy after Brookfield acquisition
Leading UK renewable energy developer Banks Renewables is rebranding as OnPath Energy following the completion of its acquisition by Brookfield Asset Management (“Brookfield”). The South Lanarkshire-based firm was acquired by the Brookfield Global Transition Fund in a transaction that was announced in October 2023 and completed in December 2023. OnPath Energy has more than 4…
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Events company 21CC Group boost large scale events offering with laser and visual effects firm acquisition
ONE of Scotland’s leading event companies, 21CC Group Ltd has acquired the award-winning laser and visual installation company, funktioncreep. The addition of these services to the 21CC portfolio bolster the company’s offering, enhancing its ability to offer a variety of event design and technical solutions on a large scale to clients. The deal will create…
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Scottish pharma business closes Italian acquisition
A SCOTTISH specialty pharma business based in the Scottish Borders has closed its acquisition of a Milan-based firm. The purchase of Velit Biopharma by Kelso Pharma was first announced on 13 November 2023. It is the first step for Kelso in its European expansion strategy and Velit is now part of the Kelso group of…
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Progeny announces acquisition of Carbon Financial Partners
MULTI-disciplinary professional services firm Progeny has announced plans to acquire Chartered financial advice firm Carbon Financial Partners. The deal will add £600m to Progeny’s assets under management. Carbon Financial Partners is a firm of Chartered financial planners, with a team of 45 staff across offices in Edinburgh, Glasgow, Aberdeen and Perth. The company offers a…