£12M Opticians Group Bayfields Secures BGF Investment

Dow Schofield Watts Corporate Finance in Yorkshire and North East has advised Bayfields Opticians and Audiologists on its investment from BGF. Bayfields was founded in 2004 by optometrist Royston Bayfield and has its head office in Esholt. It has grown to 19 practices, including sites in County Durham, Lancashire, Hampshire, Surrey and Yorkshire, with 13 sites … Continued

Start-up raises £4m to roll out new EV charging points

Start-up raises £4m to roll out new EV charging points Dow Schofield Watts Aberdeen advised start-up Trojan Energy on its £4.1m seed funding round to support the roll-out of its on-street electric vehicle (EV) charging points. The product aims to help solve the issue of charging for vehicle owners without access to off-street parking, which is … Continued

How has the deals market been impacted by Covid 19?

How has the UK Deals Market been affected by the Covid-19 crisis? What is the current state of play, and what are the emerging deal themes as we come out of lockdown? The Dow Schofield Watts Corporate Finance and Transaction Services teams in Yorkshire & the North East give their views in this document. We … Continued

An interview with our new Non-Executive Director Heather Lauder

An interview with our new Non-Executive Director Heather Lauder Heather Lauder joined us as Non-Executive Director earlier this year and brings over 30 years of experience in retail and business banking to Dow Schofield Watts.  Heather talks to Nicole Burstow, Finance Director about why she joined, first impressions and the future for Dow Schofield Watts. … Continued

Leading banker joins new debt advisory service

DSW Debt Advisory – the new service launched just before the lockdown to help companies raise debt funding – has attracted another senior banking figure.  Simon Carrier, who recently departed his post as Regional Managing Director of Shawbrook Bank, has joined as a Partner to help meet the growing demand. Simon’s 25–year banking career includes spells at RBS, Bank of Ireland and Santander where, as Regional Director of its corporate and commercial arm, he helped introduce its business banking service across Merseyside, Lancashire and Cheshire.    DSW Debt … Continued

Digital Wealth Platform Smarterly Raises £7M

Digital Wealth Platform Smarterly Raises £7M Digital wealth platform for the workplace Smarterly has secured £7m in Series A funding. The London-based FinTech allows employees to save and invest in an ISA directly through payroll, and uses analytics and algorithms to design and monitor personalised portfolios. Dow Schofield Watts’ Corporate Finance Team arranged the funding … Continued

Heather Lauder Appointed Non-Executive Director

Heather Lauder Appointed Non-Executive Director Heather Lauder has more than 30 years of experience in senior retail and business banking roles. In her most recent position as chief operations director at the Co-op Bank, she led the transformation of its retail banking arm. She was also a member of the executive team which oversaw the … Continued

Financial due diligence in a Covid-19 world

Financial due diligence in a Covid-19 world Covid-19 has caused sudden and unexpected disruption for businesses. It will bring new challenges for transaction processes. As things stand, it is difficult to assess how and when sectors and businesses will recover and what the ‘new normal’ will look like.   Given these uncertainties, we think robust … Continued

Due Diligence process tips: COVID-19 considerations for vendors

Due Diligence process tips: COVID-19 considerations for vendors DSW Transaction Services acts as a financial due diligence provider to both buyers and sellers. Despite the current environment, we have a number of deals ongoing in resilient sectors. However, the impact of COVID-19 and the UK lockdown is universal and the following is a summary of … Continued

VAT changes to e-books – not the end of the story yet

VAT changes to e-books – not the end of the story yet Recently the government trumpeted the news that they are ‘fast-tracking’ the VAT changes to e-publications by introducing VAT zero-rating on 1st May, rather than on 1st December. However, what is not being reported so widely is that HMRC have been resisting (and I … Continued

Fraud Awareness

Fraud Awareness The current climate will inevitably put renewed pressures on the financial targets of companies and individuals, and may see some previously concealed frauds bubbling to the surface. Our Forensic Accounting team would like to share some valuable advice about how to minimise potential risks and steps to consider if you suspect fraudulent activity … Continued

One Utility Bill raises £1.7m in funding round led by DSW Angels

One Utility Bill – which simplifies utility billing for tenants, landlords and letting agents – has raised £1.7m in a funding round led by DSW Angels, the venture capital business of the Dow Schofield Watts group, and including existing investors the North East Innovation Fund, supported by the European Regional Development Fund and managed by … Continued

New partner appointed in Leeds

Dow Schofield Watts has appointed Jonathan Steed as Partner in its transaction services team in Leeds. Jonathan, who joins from KPMG, has over 25 years’ experience providing financial due diligence to clients in Yorkshire. During that time he has advised private equity firms, lenders and businesses ranging from family firms to many of Yorkshire’s best-known … Continued

Arts club aims to unite nation to create a Wall of Positivity

With the country facing further weeks in lockdown, the arts organisation backed by PHD Equity Partners aims to lift the nation’s spirits with its campaign to create a Wall of Positivity.  The SAA, the international arts club run by our portfolio company Teaching Art. is challenging people of all ages to paint or draw a picture of what makes them feel positive and share it with a message to others. Entry is free … Continued

Dow Schofield Watts Support Available During COVID19

We’re here to support all of our connections during this time of uncertainty. The Dow Schofield Watts Group, comprising 35 partners with an average of over 20 years’ experience, are well-placed to advise on meeting the many and varied challenges presented to your businesses by the Coronavirus pandemic. The attached flyer sets out what we’ve … Continued