Success Stories
Separating the hype from reality is always a challenge. When it comes to choosing your next accountant or business adviser, the situation is no different. At Consilium Chartered Accountants, we are happy to let our success stories do the talking.
Below you will find a selection of client case studies that demonstrate Consilium’s ability to deliver for business owners and entrepreneurs. They highlight our diverse experience across multiple sectors and markets and the scale and scope of our client work.
Learn more about our Business Services or contact the team.
ALL
Business disposals
EBOs
Financial Due Diligence
Grants advisory
Lead advisory
MBOs
Tax advisory services
INVESTMENT VALUE
not disclosed
Consilium Chartered Accountants provided lead advisory and tax advisory services to the shareholders of Cofficient in respect of a company sale to an Employee Ownership Trust (EOT).
Cofficient is a specialist provider of Oracle NETSuite and SAP solutions to businesses across multiple sectors like retail, life sciences, financial services and manufacturing. Their clients include leading brands Ooni Pizza Ovens, Lovehoney and Actavo.
In March 2024 the business transferred to employee ownership through the creation of an EOT.
INVESTMENT VALUE
not disclosed
Consilium Chartered Accountants provided lead advisory and tax advisory services to the shareholders of EDC Group in respect of a 100% shareholding sale in the company to an Employee Ownership Trust (EOT).
EDC Group, which comprises three businesses – EDC Scotland, EDC Air Compressors and EDC North East – operates in Scotland and the North East of England. EDC provides, installs and maintains ABB variable speed drivers and motors, alongside instrumentation calibration services. Their air compressor division was created in 2016.
In 2024 the business transferred to employee ownership by creating an EOT.
CLIENT
James Scott and Sons
Consilium Chartered Accountants provided Grants Advisory services to James Scott and Sons in respect of their application to the Regional Selective Assistance programme. Consilium helped James Scott and Sons secure a £450,000 Regional Selective Assistance grant award to enable the business to move to a new, larger factory. The investment will facilitate growth in their production of bespoke commercial kitchens for restaurants, hotels and hospitals.Grant Type: Regional Selective Assistance (RSA)
SERVICE
Financial Due Diligence
INVESTMENT VALUE
not disclosed
Consilium Chartered Accountants provided financial due diligence services to Smedvig Capital in respect of their investment in Minut AB. Sweden-based Minut AB provides remote monitoring software and hardware for rental properties and holiday homes. The $5m investment by Smedvig is the latest in a series of recent investments into fast-growing technology businesses.
CLIENT
Panoramic Growth Equity LLP
SERVICE
Financial Due Diligence
INVESTMENT VALUE
not disclosed
Consilium Chartered Accountants provided financial due diligence services to Panoramic Growth Equity LLP in respect of their investment in Bullet Express Ltd. Bullet Express is a Scottish logistics and distribution business founded in 1990. The investment facilitated a management buyout (MBO) of the business and will support a buy and build strategy for continued growth. The investment was supported by Maven Capital Partners and Emerald Capital.
CLIENT
JWF Process Solutions
SERVICE
Lead advisory, Tax advisory services
INVESTMENT VALUE
not disclosed
Consilium Chartered Accountants provided lead advisory and financial due diligence services to the shareholders of JWF Process Solutions Ltd in respect of an investment by Nevis Capital. The investment which sees Nevis Capital acquire a significant stake in JWF will facilitate continued growth and expansion of the business. JWF is a specialist in measurement and instrumentation products and services for the oil and gas, petrochemical, and healthcare sectors.
CLIENT
Martin Precision Ltd
INVESTMENT VALUE
not disclosed
Consilium Chartered Accountants provided lead advisory services to the shareholders of Martin Precision Ltd in respect of the sale of a majority shareholding in the company to an Employee Ownership Trust (EOT). Martin Precision, established in 1993, is a highly successful business renowned for its engineering expertise. Martin Precision manufacture and supplies precision-engineered components and assemblies to customers in quality-critical industries. In 2023 the business transferred to employee ownership through the creation of an EOT.
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Lead investor in a €6,000,000 funding round
Consilium Chartered Accountants provided financial due diligence services to Smedvig Capital in respect of their investment in Irish business, EdgeTier. EdgeTier develop and retail cutting-edge Artifical Intelligence (AI) applications for customer contact centres to improve customer experience and drive efficiency gains. The investment will support EdgeTier’s growth plans and help them take advantage of an estimated €7 billion global market for contact centre software.
CLIENT
Lothian Building Supplies
SERVICE
Business disposals
INVESTMENT VALUE
not disclosed
Consilium Chartered Accountants provided lead advisory and tax advisory services to the shareholders of Lothian Building Supplies (LBS) in respect of the sale of the business to JW Grant Group. LBS supplies timber, roofing, insulation, building and landscaping materials to both trade and the public in Scotland. The acquisition comes as part of JW Grant’s strategic vision to extend its reach across Scotland. By incorporating LBS into the J W Grant Group, they will be better positioned to serve the diverse needs of customers in Edinburgh and the Lothians.
CLIENT
Resource Data Management (RDM)
SERVICE
Business disposals
INVESTMENT VALUE
not disclosed
Consilium Chartered Accountants provided lead advisory services to the shareholders of Resource Data Management (RDM) shareholders in respect of the sale of the business to publicly listed Swedish business, Sdiptech AB. RDM is a specialist provider within refrigeration control and monitoring as well as building management systems, with clients across the UK, the US, and Asia. RDM becomes part of Sdiptech’s refrigeration, air and climate control offering within their Special Infrastructure Solutions division. Sdiptech is a publicly listed technology group that acquires and develops market-leading niche operations that contribute to creating more sustainable, efficient and safe societies.
CLIENT
Ping Network Solutions
SERVICE
Business disposals
INVESTMENT VALUE
not disclosed
Consilium Chartered Accountants provided lead advisory services to the shareholders of Ping Network Solutions in respect of the sale of the business to Sword Group. Ping is an award-winning network and security systems integrator & managed service provider to the Energy, Financial Services, Education, Public Sector, Manufacturing, and Construction sectors. Ping’s experience delivering network and security solutions will complement Sword’s current services, including data insights, digital transformation, technology services, complex IT, business projects, and mission-critical operations.
TARGET
Firefish Software Limited
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£4,000,000
Consilium Chartered Accountants provided financial due diligence services to Foresight Group in respect of their investment in Firefish Software Limited. Firefish is a CRM and marketing software company for the recruitment sector. This is a growth investment by Foresight Group aimed at helping Firefish expand its business and create new jobs.
CLIENT
The Electric Heating Company
SERVICE
Business disposals
INVESTMENT VALUE
£3,800,000
Consilium Chartered Accountants provided corporate finance and tax advisory services to the shareholders of The Electric Heating Company in respect of a £3.8m investment by Foresight Group. The Electric Heating Company provide electric boilers, heaters, and water cylinders to housing associations, developers, and private homeowners across the UK. The investment will support their growth plans which include the launch of a range of air-source heat pumps and contribute to home decarbonisation in the UK. The investment is the first by Foresight from their £60m Scotland Fund.
CLIENT
LC Nueva Investment Partners LLP
TARGET
Fairscore Limited t/a Updraft
SERVICE
Financial Due Diligence
INVESTMENT VALUE
not disclosed
Consilium Chartered Accountants provided financial due diligence services to LC Nueva Investment Partners LLP in respect of their investment in Fairscore Limited t/a Updraft. Updraft is a fintech business that provides unsecured loans to individuals who are generally exposed to higher borrowing costs. The Updraft app aims to improve the financial well-being of its customers and assists with making better financial decisions.
TARGET
WiredScore Holdco PBC
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Lead investor in a $15m funding round
Consilium Chartered Accountants provided financial due diligence services to Beringea LLP in respect of their investment in WiredScore Holdco PBC. WiredScore Holdco PBC provides certifications assessing digital connectivity and smart technology within homes and offices around the world.
CLIENT
Smedvig Capital LLP
TARGET
PPC Protect Limited t/a Lunio
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Lead investor in a $15m funding round
Consilium Chartered Accountants provided financial due diligence services to Smedvig Capital LLP in respect of their investment in PPC Protect Limited t/a Lunio. Lunio provides automated click fraud prevention software which enables digital advertisers to improve reliability by eliminating fake clicks and traffic.
TARGET
IF R&D Tax Credits Limited
SERVICE
Financial Due Diligence
INVESTMENT VALUE
not disclosed
Consilium Chartered Accountants provided financial due diligence services to ABGI-UK Limited in respect of their acquisition of IF R&D Tax Credits Limited in Northern Ireland. IF R&D Tax Credits Limited provides R&D tax credit advice to SMEs.
CLIENT
Panoramic Growth Equity LLP
TARGET
Aluminium & Plastics Systems Limited
SERVICE
Financial Due Diligence
INVESTMENT VALUE
not disclosed
Consilium Chartered Accountants provided financial due diligence services to Panoramic Growth Equity LLP in respect of their investment in Aluminium and Plastics Systems Limited. Based in Northern Ireland, Aluminium & Plastics Systems is a specialist provider of architectural aluminium glazing systems for commercial and residential buildings and a leading stockist of aluminium, steel and PVC products. The transaction provided replacement capital to facilitate the retirement of two existing shareholders.
TARGET
Crosstown Dough Limited
SERVICE
Financial Due Diligence
INVESTMENT VALUE
not disclosed
Consilium Chartered Accountants provided financial due diligence services to Foresight Group LLP in respect of their investment in Crosstown Dough Limited. Crosstown Dough Limited is a leading provider of handmade sourdough doughnuts, ice cream, cookies and speciality coffee. The transaction provided funding to facilitate the expansion of the Crosstown Dough Limited business around the UK.
TARGET
MSC Associates Limited
SERVICE
Financial Due Diligence
INVESTMENT VALUE
not disclosed
Consilium Chartered Accountants provided financial due diligence services to ABGI-UK Limited in respect of their acquisition of MSC Associates Limited. MSC Associates Limited provides research and development tax credit advice to SMEs.
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£2,350,000
Consilium Chartered Accountants provided financial due diligence services to Foresight Group LLP in respect of their investment in RF Brown Limited. RF Brown Limited provides shipping containers for sale or rental to the commercial shipping market. The transaction facilitated the purchase of shares from existing RF Brown Limited shareholders.
SERVICE
Business disposals
INVESTMENT VALUE
not disclosed
Consilium Chartered Accountants provided corporate finance and tax advisory services to the shareholders of Instinctive BI, in respect of the disposal of the business to Version 1. Data and business intelligence experts Instinctive BI work with clients across the public and private sectors providing solutions and resources to solve data change challenges. Version 1 delivers digital, cloud, data and ERP transformation services.
CLIENT
Campbell Thomson (Insurance Services) Limited
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium Chartered Accountants provided corporate finance and tax advisory services to the shareholders of Campbell Thomson (Insurance Services) Limited, in respect of the disposal of the business to Verso Wealth Management, a Cairngorm Capital portfolio company. Campbell Thomson provide financial planning to business and individuals in the UK. The deal represents Verso’s first move into the Scottish wealth management market.
CLIENT
McLeod & Higgins Group
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory services to the shareholders of McLeod & Higgins Group on the disposal of Rowan Manufacturing Limited and Smith & Frater Limited to James Donaldson & Sons Limited. The acquisition opens new products and market opportunities for James Donaldson, in the supply of door sets, bespoke joinery and kitchen manufacturing and fits with the firm’s desire to expend it capabilities in the UK’s house building, offsite manufacture, local authority, RMI and contracting markets.
Icon Fabrications Limited supplies architectural metalwork, glass and steelwork solutions. Consilium provided grants advisory services to Icon to support the growth of the business and recruitment of additional staff.Grant Type: Regional Selective Assistance
CLIENT
Ping Network Solutions
Consilium Chartered Accountants provided grants advisory services to Ping Network Solutions (PNS) application to the Regional Selective Assistance fund. Funding will support a move to larger premises, new employment opportunities and the creation of an ISO 27001 accredited NSOC area.Grant Type: Regional Selective Assistance
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£10,000,000
Consilium provided financial due diligence services to Smedvig Capital Limited in respect of their investment in Prosapient Limited. The transaction facilitated the purchase of shares from existing shareholders. Funding was also invested in the evolution of Prosapient’s technology platform and recruitment in the UK and internationally.
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory services in respect of the Employee Buyout of Cameron Interiors Limited. Cameron Interiors specialises in luxury German kitchens and bespoke interiors. It was established in 1979 and has created a reputation for exceptional kitchens, bedrooms and living spaces.
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£4,000,000
Consilium provided financial due diligence services to Mobeus Equity Partners LLP in respect of their investment in Connect Childcare Group Limited. Founded in 2004, the company provides a technology-based solution for the management of children’s nurseries.
CLIENT
Chemtech Consultancy Limited
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory and taxation services to Chemtech Environmental Limited on their disposal to Rock Compliance Limited, backed by Mornington Partners. The transaction added significant value to Rock Compliance and Chemtech will be able to continue to grow and prosper within their group.
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory and taxation services to the shareholders of Dumfries Timber Limited on their disposal to MKM Building Supplies Ltd. Dumfries Timber operates from branches in Dumfries and Irvine and the acquisition forms part of MKM’s wider strategy of expansion in Scotland.
CLIENT
Maven Capital Partners
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£3,000,000
Consilium provided financial due diligence services to Maven Capital Partners UK LLP in respect of their investment in Liftango. Liftango powers On-Demand Share Transport systems across the world. The funding will be used to invest in their technology platform and to support the continued expansion of their team in the USA and UK.
CLIENT
Eastern Exhibition and Display Limited
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory services to the management team of Eastern Exhibition and Display Limited. Eastern offer creative and practical solutions for any and all types of display. They supply both graphic and exhibition build solutions for both interior and exterior projects and support branding for any type of event.
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£4,750,000
Consilium provided financial due diligence services to Foresight Group LLP in respect of their investment in Callen-Lenz Limited. Callen-Lenz Limited offer technology solutions and engineering design services in the Unmanned Aerial Vehicle sector. The investment supported the expansion and development of their workforce and manufacturing facilities.
CLIENT
JBT Distribution Limited
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium Chartered Accountants provided lead advisory and taxation services to the shareholders of JBT Distribution Limited on the disposal to Menzies Distribution Limited. The transaction cements Menzies’ position as a major force in UK logistics, extending its network coverage with the addition of 200 vehicles and six operating sites.
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory and taxation services to the shareholders of EKOS Consulting Limited on their disposal to The Growth Company Limited. EKOS Consulting was established in 1993 and is a leading independent consulting practice specialising in economic and social research. They help clients deliver economic growth and promote social well-being.
Nude is a bank that empowers people to achieve homeownership quickly and easily. Consilium provided grants advisory services for Nude’s application to the Smart R&D fund. The investment facilitated the development of the Nude website, Nude app, and, ultimately, a banking facility that will enable customers to acquire a mortgage for their first home.Grant Type: Smart Research and Development
CLIENT
Dazzle & Inkspot Limited
INVESTMENT VALUE
Not disclosed
Consilium Chartered Accountants provided lead advisory services in respect of the Employee Buyout of Dazzle & Inkspot Limited. Dazzle & Inkspot is now primarily an online retailer of Fancy dress products, games and recreational merchandise.
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory services to the management team of Wallace Whittle Limited. Wallace Whittle was founded in 1964 and provides sustainable enivronmental building services engineering throughout the UK and beyond.
CLIENT
Contract Bottlers Glasgow Ltd
Start-up firm Contract Bottlers Glasgow Ltd (CBG) applied to the Regional Selective Assistance Fund to support investment in enhanced bottling facilities. This investment will allow CBG to handle multiple liquids, bottles and closure types. Consilium provided grant advisory services.Grant Type: Regional Selective Assistance
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£1,350,000
Consilium provided financial due diligence services to Foresight Group LLP in respect of their investment in Further Space Limited (FSL). FSL partners with local landowners to provide luxury glamping holiday experiences for the glamping and eco-tourism segments of the UK tourism market. The funding provided the group with additional working capital to fund new manufacturing.
CLIENT
Maven Capital Partners
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£1,540,000
Consilium provided financial due diligence services to Maven Capital Partners UK LLP in respect of their investment in Adimo Limited, a marketing analytics company. Adimo Limited provides a digital platform of scalable ecommerce marketing solutions. The funding supported the ongoing development of the platform and expansion of the sales team.
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium provided financial due diligence services to N4 Partners LLP in respect of their investment in McLaggan Smith Mugs Limited. McLaggan Smith Mugs Limited was established in 1974 to provide printing and decoration of bespoke bone china mugs.
TARGET
Novel Technologies
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£1,900,000
Consilium provided financial due diligence services to Foresight Group Limited in respect of their investment in Novel Technologies Holdings Limited. Foresight’s investment helped bring new technology to the market. Novel Technologies has developed an eco-friendly antimicrobial technology, which eliminates harmful and malodorous bacteria.
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium provided financial due diligence services to Thincats (ESF Capital Limited) in respect of their lending to The Jon Fleming Group Limited. The Jon Fleming Group provides specialist care services in the complex care and housing support sectors. The transaction involved a seven-figure funding package to support a Management Buy-Out and investment for future acquisitions.
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory services in respect of the Employee Buyout of MES Limited. MES provides electrical and plumbing services to the construction industry, particularly the newbuild housing sector.
TARGET
Quantum Pharmaceuticals Limited
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£7,750,000
Consilium provided financial due diligence services to Target Healthcare Limited in respect of their investment in Quantum Pharmaceuticals Limited, a division of Clinigen Plc, a global pharmaceuticals group. Quantum manufactures unlicensed medicines.
SERVICE
Financial Due Diligence
Consilium Chartered Accountants provided financial due diligence services to Foresight Group Limited in respect of their investment in Ajenta Limited. Ajenta provide specialist video conferencing services to public sector organisations. The funding increased their sales presence in the UK and built a long-term strategy for expansion overseas.
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£7,570,000
Consilium provided financial due diligence services to Smedvig Capital Limited in respect of their investment in Yumpingo Limited. Smedvig’s investment facilitated the scaling of Yumpingo’s one-minute instant review platform, the launch of a new pay-at-table platform, and the expansion of sales and operations internationally.
Consilium provided grant advisory support to Phil MaCan. The investment will help the company secure premises, invest in equipment and create jobs to establish a canning/bottling facility in the central belt of Scotland.Grant Type: Regional Selective Assistance
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory services to the shareholders of TEAM Engineering Limited on the disposal to OnePLM Limited. This transaction facilitates the merger of the UK’s two largest Siemens Digital Industries Software Partners serving thousands of clients across a diverse industry range throughout the UK and Ireland.
TARGET
SHE Software Limited
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£3,000,000
Consilium provided financial due diligence services to NVM Private Equity LLP in respect of their investment in SHE Software Limited. The company has an extensive UK customer base and is expanding its operations to New Zealand, Australia and the US. NVM’s investment will provide additional working capital to the business to support the planned geographical expansion.
BLACKBX is a SaaS product enabling WiFi connectivity to businesses and their customers. It is a software-only solution that integrates with the majority of WiFi routers. Consilium provided grants advisory services to the company for their application to the Regional Selective Assistance fund. The investment allowed BLACKBX to capitalise on its industry-leading technology and scale product sales.Grant Type: Regional Selective Assistance
CLIENT
GWF Power Gener8 Limited
GWF Power Gener8 Ltd (GWF) offers installation, rental, servicing and maintenance of diesel generators. To meet growing demand, GWF applied to the Regional Selective Assistance Fun to move to larger premises, purchase new equipment and recruit new employees. Consilium provided grants advisory support.Grant Type: Regional Selective Assistance
CLIENT
The GT4 Group Limited
GT4 Group (GT4) applied to the Regional Selective Assistance Fund to part-finance the acquisition of TPL Labels Limited (TPL). As well as providing acquisition finance, the investment also provides additional development capital to support the purchase of new equipment and the refit of existing premises. Consilium provided grant advisory services. Grant Type: Regional Selective Assistance
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£1,500,000
Consilium provided financial due diligence services to Panoramic Growth Equity LLP in respect of their investment in Freed Foods Limited. Panoramic invested £1.5m of growth capital into healthy snacking company FFL. FFL offers a range of plant-based gluten-free snacks made with natural ingredients.
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory and taxation services to Cathkin Clean Scotland Limited on their disposal to ALS Group Holdings Limited. Cathkin clean has been established for over 100 years and was a family business that provided highly efficient, professional and diverse dry cleaning and laundry services.
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium provided due diligence services to Smedvig Capital Limited in respect of their investment in Masabi Limited. The aim of the investment was to accelerate the global expansion of Masabi’s contactless ticket platform, ‘Justride’ platform. The investment funded the expansion of existing operations, the development of new software and provided working capital.
Elite Bedding has been specialising in handcrafted beds for over 60 years. They applied to the Regional Selective Assistance Fund to move to larger premises, purchase additional equipment and recruit to meet demand. Consilium provided grant advisory services. Grant Type: Regional Selective Assistance
INVESTMENT VALUE
£1,700,000
TravelNest is an online business that consolidates 100’s of booking platforms into one managed account for vacation rental owners. Support from the R&D Fund allowed TravelNest to scale up and automate its operations. Consilium Chartered Accountants provided grants advisory services.Grant Type: Research and Development
TARGET
Process Control Services UK Ltd
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium provided financial due diligence services to Panoramic Growth Equity LLP in respect of their investment in Process Control Services UK Limited (PCS). PCS provides essential electrical engineering services predominantly to Aggregate, Asphalt, Cement and Concrete producers as well as the Food & Drink industry.
CLIENT
UAC Utilities Company Limited
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory services to the shareholders of UAC Utilities Company Limited on their disposal to DB Group (Europe) Limited. DB Group operates in the utilities market delivering business solutions in energy, communications, environment and water.
INVESTMENT VALUE
Not disclosed
Consilium Chartered Accountants provided lead advisory services to the management team of Monarch Transport Limited. Monarch Transport provide tailored logistic solutions and have managed UK and European road haulage since 1989.
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium Chartered Accountants provided lead advisory and taxation services to the shareholders of Elmwood Nursery on their disposal to Hjalli-Model Limited. The Icelandic group, Hjalli-Model, is the largest educational firm of its kind in Iceland. They operate nurseries, preschools and schools with over 30 years of experience. This is the group’s first UK acquisition.
SERVICE
Business disposals
Consilium Chartered Accountants provided lead advisory and taxation services to the shareholders of PCR IT Limited on their disposal to Abica Ltd. Based in England, the acquisition of PCR strengthens Abica’s presence in the Scottish IT and telecoms market.
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory and taxation services to the shareholders of Plumbstore on their disposal to Plumbing and Heating Investments Limited. Plumbstore has dedicated bathroom showrooms plus a wide range of plumbing supplies, showers, boilers, heating systems and fittings ready to collect. The Company stocks hundreds of products from brands including Vitra, Crosswater and Bristan.
CLIENT
Clydebank Engineering and Fabrication Limited
Clydebank Engineering and Fabrication (CEF) manufactures and supplies fabrications for the automotive industry. CEF appointed Consilium to support an application to the Regional Selective Assistance Fun. The investment will facilitate workforce expansion, the acquisition of laser cutting equipment and appropriate training.Grant Type: Regional Selective Assistance
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory services and taxation advice to the shareholders of Welch Chemists Limited on their disposal to Deans Pharmaceutical Limited.
CLIENT
Maven Capital Partners
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£2,150,000
Consilium provided financial due diligence services to Maven Capital Partners LLP in respect of their investment in Boiler Plan Limited. Based in Cramlington, Northumberland, Boiler Plan (BP) sells and installs domestic boilers. Maven’s investment supported BP to grow their national coverage, increase market penetration and generate more sales enquiries.
First Opinion Ltd is a lead generation marketing company based in Scotland. Their application to the Regional Selective Assistance Fund supported the retention and recruitment of skilled individuals in Scotland to service international contracts. Consilium provided grants advisory support.Grant Type: Regional Selective Assistance
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£8,000,000
Consilium provided financial due diligence services to Smedvig Capital Limited in respect of their investment in Adunza Limited. Smedvig’s investment in Adzuna, a market-leading job search and machine-learning platform facilitated the expansion of Adzuna’s data science team and entry into international markets.
CLIENT
We Are Luxe Limited
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory and taxation services to the shareholders of We are Luxe Limited on the disposal to Future Beauty Holdings Limited, a subsidiary of Paris Presents Inc. We are Luxe is engaged in the worldwide distribution of cosmetic products to retailers, distributors and direct to consumers.
CLIENT
Maven Capital Partners
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£2,700,000
Consilium provided due diligence services to Maven Capital Partners LLP in respect of their investment in Orchidsoft Limited. The deal involved a £2.7 million investment in intranet software specialist Orchidsoft. The funding will enable the business to expand its marketing efforts across the UK and US and grow to over 100 employees by 2022.
TravelNest is an online business that consolidates 100’s of booking platforms into one managed account for vacation rental owners. Support from the Regional Selective Assistance Fund allowed TravelNest to scale up and automate its operations. Consilium Chartered Accountants provided grants advisory services.Grant Type: Regional Selective Assistance
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£9,500,000
Consilium provided financial due diligence services to Smedvig Capital Limited in respect of their investment in POQ Studio Limited (POQ). The multi-million-pound investment by Smedvig supported and accelerated the POQ’s future growth. Smedvig Capital led the funding round in which they were the primary investor.
CLIENT
Civils & Drainage Supplies
INVESTMENT VALUE
Not disclosed
Consilium Chartered Accountants provided lead advisory services to the management team of Civils & Drainage Supplies Ltd. Civils & Drainage Supplies Ltd was formed in 2005 and is a specialist supplier of above and below ground pipeline products for contractors working in the civil engineering, drainage, ground works, agricultural and water utility sectors.
CLIENT
Royal Bank of Scotland
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium provided financial due diligence services to the Royal Bank of Scotland in respect of their funding to support a Management Buy-Out (MBO) of Gourdie Limited. RBS has invested £1m to facilitate the MBO and provide additional working capital funding to support the future expansion of the business.
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium Chartered Accountants provided financial due diligence services to Lindsays LLP in respect of their acquisition of Brodies LLP Personal Injury business. Clydesdale Bank provided debt funding to support the acquisition by Lindsays. As a result, Lindsays will provide high-quality and trusted personal injury advice to customers, thus expanding their wide range of services offered.
TARGET
Wright, Johnston & MacKenzie LLP
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium provided financial due diligence services to BMK Wilson in respect of their merger with Wright, Johnston & Mackenzie LLP. The transaction sees the ongoing implementation of WJM’s plan to strengthen and grow the key areas of Private Client, Commercial Property, Corporate and Dispute Resolution.
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium provided financial due diligence services to Panoramic Growth Equity LLP in respect of their investment of a Management Buy-Out of DW Plastics Limited (DWP). DWP manufacture bespoke plastic extrusion profiles for the marine, construction, and retail sectors.
Weee Scotland specialises in the repair, refurbishment and safe disposal of Waste Electrical and Electronic Equipment (WEEE). They applied to the Regional Selective Assistance Fund to invest in new facilities, equipment and recruitment. Consilium Chartered Accountants provided grants advisory services.Grant Type: Regional Selective Assistance
Swipii is an award-winning and easy-to-use loyalty program for small businesses. Consilium supported its application to the Regional Selective Assistance Fund to secure investment to raise brand awareness, accelerate growth and develop its technology platform. Grant Type: Regional Selective Assistance
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium provided financial due diligence services to Panoramic Growth Equity LLP in respect of their investment in Majestic Polymers Limited and DSA Chemicals Limited. Both manufacture speciality chemicals for the adhesives and oil sectors. Panoramic backed incoming co-investors and supported the acquisition of the business and domestic and international growth opportunities.
Apple Oils recycles waste engine oil and cooking oil to produce lubricating oils, heating power fuels and biodiesel. Their application to the Regional Selective Assistance Fund facilitated business growth through capital expenditure. Consilium Chartered Accountants provided grants advisory services. Grant Type: Regional Selective Assistance
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium Chartered Accountants provided financial due diligence services to DERU GmBH in respect of their acquisition of Ortholink (Scotland) Limited. The transaction was to facilitate the creation of a new holding company to acquire all share capital in Ortholink. Ortholink was founded in 2004 and is a medical device company based in Scotland.
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium provided financial due diligence services to Panoramic Growth Equity LLP in respect of their investment to facilitate a Management Buy-Out of Photonic Solutions Limited. Photonics is regarded as Europe’s leading supplier of optoelectronic components to the photonics market.
TARGET
Quill Content Limited
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium provided financial due diligence services to Panoramic Growth Equity LLP in respect of their investment in Quill Content Limited. Quill have pioneered a new model for content creation to help e-commerce businesses. Multi-million-pound investment by Panoramic will support further investment in Quill’s proprietary Cloud software and market entry in Europe and the USA.
CLIENT
Pinto Restaurants (Holdings) Ltd
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory and taxation services to the shareholders of Pinto Restaurants (Holdings) Limited on the disposal to Barburrito Limited. Backed by growth capital provider Business Growth Fund, the acquisition of the Pinto Mexican Kitchen chain provided a strategic platform for growth in Scotland and the continued roll-out of Barburrito-branded restaurants across the UK.
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory and taxation advice to the shareholders of Oban Express Parcel Services Limited on the disposal to Menzies Distribution Limited. As part of their national network, the acquisition of Oban Express strengthens Menzies’ geographical reach and should cut the cost of deliveries to the isolated areas on the West Coast of Scotland.
CLIENT
William Johnston & Company (UK) Limited
INVESTMENT VALUE
Not disclosed
Consilium Chartered Accountants provided lead advisory services to the management team of William Johnston & Company (UK) Limited. William Johnston & Company manufacture high quality gaskets for a range of industries. They are a market leader in the UK and their product are used in utilities, construction and engineering products throughout the world.
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilum provided lead advisory and taxation services to the shareholders of DPK Foods Limited on the disposal to Hertford Heath Limited. DPK Foods operates Domino’s Pizza franchises across Glasgow and the West of Scotland.
CLIENT
Insite Contracts Limited
INVESTMENT VALUE
Not disclosed
Consilium Chartered Accountants provided lead advisory services to the management team of Insite Contracts Limited. Insite Contracts specialise in the fit out, refurbishment and construction of commercial, retail, industrial, healthcare and public sector property.
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£5,300,000
Consilium provided financial due diligence services to YFM Equity Partners LLP in respect of their investment in Traveltek Limited. The investment facilitated product development and international growth. Traveltek provides travel retailers, agents and wholesalers with technology to package together hotels, flights, cruises and ancillary travel services in one transaction.
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium provided financial due diligence services to Santander and Altia Solutions Limited in respect of their acquisition of ABM United Kingdom Limited. ABM supplies covert investigation management software to the majority of UK police forces as well as forces and investigation authorities in Canada and Australia making this an excellent fit for Altia.
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory services to the shareholders of Quality Rental Limited on their disposal to PSBN Limited. Quality Rental Limited offer a full range of IT equipment on flexible lease terms to businesses in and around the central belt of Scotland. PSBN Limited acquired Quality Rental to establish a permanent foothold in Scotland.
CLIENT
Maven Capital Partners
TARGET
company: IDI Limited
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£2,000,000
Consilium provided financial due diligence and VAT advisory services to Maven Capital Partners UK LLP Limited who, through the Scottish Loan Fund, invested in IDI Limited. These funds allowed IDI to invest in its delivery platform and increase its digital marketing spend. Musselburgh-based IDI delivers online courses to students throughout the UK and in more than 70 countries worldwide.
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium Chartered Accountants provided financial due diligence services to Clydesdale Bank in respect of their funding of the Management Buy-Out of AG Concepts Limited. AG Concepts is an industry-leading producer of speciality agricultural products that increase production efficiencies and improve soil health.
Quadscot is a leader in precision machining for the oil and petrochemical industry. Consilium Chartered Accountants supported their successful application to the Regional Selective Assistance Fund. The investment facilitated the expansion of their premises and new job creation.
CLIENT
Campbell Fitzpatrick
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium provided financial due diligence and advisory services to Campbell Fitzpatrick as part of negotiations to merge with the Scottish law firm, Berrymans Lace Mawer. The merger was a significant development as Berrymans Lace Mawer established a position as a risk and insurance business across the UK and Ireland.
Heidi Beers Limited (HBL) handles the distribution of premium lagers and wheat beers. Consilium supported HBLs application to the Regional Selective Assistance Fund to transfer production from Germany to Scotland. The investment secured larger premises, capital investment in brewing equipment and new job creation.Grant Type: Regional Selective Assistance
CLIENT
Maven Capital Partners
SERVICE
Financial Due Diligence
INVESTMENT VALUE
£5,000,000
Consilium provided financial due diligence services to Maven Capital Partners UK LLP who, through Scottish Loan Fund, provided mezzanine finance of £5 million to GT4 Group Limited (GT4). The finance supported GT4’s acquisition of TPL Labels Limited. As well as acquisition finance, the investment also provides additional development capital to support the continued growth of the enlarged group.
INVESTMENT VALUE
Not disclosed
Consilium Chartered Accountants provided lead advisory services to the management team of Caledonia Signs Limited. Caledonia Signs is one of the UK’s largest manufacturers, stockists and suppliers of safety signs.
SERVICE
Business disposals
INVESTMENT VALUE
Not disclosed
Consilium provided lead advisory services to the shareholders of EMAC Recycling Limited on the disposal to SRCL Limited.
CLIENT
Scotia Double Glazing
INVESTMENT VALUE
£2,150,000
Consilium Chartered Accountants provided lead advisory and deal execution services to the management team of Scotia Double Glazing Limited. The Management Team completed the £2.15m Management Buyout of Scotia Double Glazing Limited supported by an equity and debt package from UK Steel Enterprise and debt facilities from RBS and RBS Invoice Finance.
TARGET
Berrymans Lace Mawer
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium provided financial due diligence services to HBM Sayers in respect of their merger with Berrymans Lace Mawer (BLM). BLM has an established and deep-rooted presence amongst the general insurance sector, the London Market, brokers, corporate insureds and the public and healthcare sectors.
CLIENT
Maven Capital Partners
SERVICE
Financial Due Diligence
Consilium provided financial due diligence services to Maven Capital Partners UK LLP who, through the Scottish Loan Fund (“SLF”), invested £750,000 of loan funds in BioFilm Limited. The Company develops and manufactures thin dissolvable films that release active ingredients. The SLF funding will allow BioFilm to increase its product range and accelerate growth through sales and marketing.
CLIENT
North West Transport
TARGET
North West Logistics Limited
SERVICE
Financial Due Diligence
INVESTMENT VALUE
Not disclosed
Consilium provided financial due diligence services to the Regional Growth Fund in respect of their investment in North West Logistics Limited. North West Logistics Limited are a UK-based logistics company that provide solutions to customers ranging from small to large multi-national businesses. The project was to support expansion of the business into the storage of hazardous products.
SERVICE
Financial Due Diligence
Consilium provided financial due diligence services to Panoramic Growth Equity LLP in respect of their investment in Edesix Limited. Panoramic invested £750,000 in the technology company which develops body-worn video equipment for police and security services. Their products are also retailed to organisations that operate in parking enforcement and to location-based lone working.
