By Scott Wright
THE sale of Scottish CCTV specialist IndigoVision to Motorola Solutions was among a host of transactions lawyers at Shepherd and Wedderburn worked on last year, as the firm’s corporate finance team advised on deals totalling £7.1 billion.
The team helped broker a total of 75 corporate deals last year, with a combined value that was 18 per cent higher than the year before. Deals included several in the clean energy and technology sectors. Shepherd and Wedderburn acted for BayWa r.e. in the sale of 24-megawatt Inverclyde Windfarm to Gresham House Renewable Energy, and for video games developer Epic Games in its acquisitions of SuperAwesome and Cubic Motion. It represented Edinburgh-based Cairn Energy in the sale of its interests off Senegal in a $400m deal, and acted for Collagen Solutions, the Glasgow life sciences company, in its takeover by US group Rosen’s Diversified Inc.
George Frier, head of corporate finance at Shepherd and Wedderburn, said: “This has undoubtedly been a difficult year for many businesses, but the strength and breadth of deals activity that we have seen despite these challenges is testament to the resilience of our clients and the wider business community. We have also entered 2021 performing very strongly.”
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