Busting finance jargon with Roger Esler #2

Busting finance jargon with Roger Esler #2 Non-core disposals, carve outs, strategic divestures & corporate simplification Large corporate groups are evolving organisms that can go through fits and starts of acquisitions and disposals. The drivers for periodic bursts of such activity can be strategic, financial or both, but the catalysts can include a change in … Continued

Lab software business acquired by Canadian firm

Lab software business acquired by Canadian firm The Genial Group – the Chester-based group which is a market leader in laboratory software – has been acquired by Harris, part of the Canadian company Constellation Software Inc. Dow Schofield Watts advised the Genial shareholders on the deal and introduced the company to the buyer. Genial’s software … Continued

Hospitality leaders urge Chancellor to use tax relief to ‘save the industry’

Hospitality leaders urge Chancellor to use tax relief to ‘save the industry’ A Dow Schofield Watts advisor is helping to lead a campaign calling on the Chancellor to use tax relief to encourage investors to support the hospitality industry through the pandemic and beyond. Payam Keyghobadi has joined forces with Alan Lorrimer, founder of London’s … Continued

Busting finance jargon with Roger Esler #1

Busting jargon with Roger Esler #1 Cash out, equity release, partial buy-out, VIMBO & FAMBO Two important considerations for business owners as they navigate through the Covid-19 pandemic to greater stability and more normal trading are firstly, is too much of their wealth tied to a single private business and secondly, are Capital Gains Tax … Continued

Fairway International Travel secures backing from ThinCats

Halifax travel firm which supports golfers on the PGA European Tour secures backing from ThinCats Fairway International Travel (FIT), an independent travel management company, has been supported by ThinCats with £1.5m in working capital. ThinCats was introduced by Phil Tarimo at Dow Schofield Watts Debt Advisory to provide the bespoke funding package needed. Founded in … Continued

Comms Design acquired by Unipart

Comms Design acquired by Unipart The Yorkshire & North East corporate finance team of Dow Schofield Watts has advised Comms Design on its sale to Unipart Rail, the rail division of Unipart Group. The transaction followed an international marketing of the company to strategic trade parties. Comms Design is based in Harrogate, Yorkshire, and is … Continued

Dow Schofield Watts moves into ranks of UK top 60

Dow Schofield Watts moves into ranks of UK top 60 Dow Schofield Watts has been ranked in the UK’s top 60 accountancy firms for the first time. The firm has risen by 13 places to reach number 59 in this year’s  Accountancy Age Top 50+50, which recognises the ‘movers and shakers’ of the accountancy world. … Continued

Regional investors collaborate to improve access to funding

Regional investors collaborate to improve access to funding Two regional investors have agreed a new strategic partnership to provide enhanced support for early-stage companies in the Northern Powerhouse region. DSW Ventures and NorthInvest have been working together for some time, with the former having invested in two companies – PopTop and OneUtilityBill – as a … Continued