OIL services firm TWMA has been acquired by a group of investors following a substantial investment by Buckthorn Partners who were advised by US law firm Sidley Austin and Brodies.  

TWMA, the Aberdeen-based firm, which specialises in helping oil and gas firms manage the waste products from activities such as drilling, was acquired from funds managed by the Lime Rock private equity business.

Brodies’ role included corporate, real estate and HSE due diligence reporting, together with general advice on Scots law matters.

Brodies advised Bonham Edinburgh Investments LLC on its purchase of The Bonham Hotel in Edinburgh’s west end.  The boutique venue, was sold for an undisclosed sum by an arm of global private investment firm Starwood Capital, which bought the property in 2015 as part of the Town House Collection, which included the Blythswood Hotel in Glasgow.

Spanning three Georgian townhouses, the 49-bed Bonham includes a bar and restaurant along with an 18-space car park.

Brodies acted for Etchecan Limited, trading as Portland Hotels on the sale of the five strong hotel portfolio in Scotland. The portfolio includes the 52-bedroom Edinburgh City hotel, the 111-bedroom Edinburgh Capital hotel, the 137-bedroom Glasgow Pond hotel, the 34-bedroom Huntingtower hotel in Perth and the 202-bedroom Speedbird Inn at Aberdeen Airport.   

The buyer was Leonardo Hotels, the European arm of Israeli-based Fattal Hotel which owns more than 80 hotels in over 40 locations.

Arjun Infrastructure Partners acquired a 45% stake in Welcome Break (one of Britain’s biggest motorway service station chains) from a clutch of minority investors, including Dutch Bank ING and Australian insurer Challenger Life. NIBC European Infrastructure Fund retained its 55% stake.

Brodies LLP advised Arjun Infrastructure Partners Limited on the pre-acquisition structuring elements of the acquisition.

Brodies advised the management team of Crawford Scientific Holdings Ltd, a leading supplier of chromatography products and analytical services to the laboratory research and testing sectors, during the acquisition of the business by Limerston Capital Partners. 

Crawford Scientific was sold for an undisclosed sum, with its investor Maven Capital Partners achieving a full exit and the management team of Crawford Scientific rolling over some of their equity.

Christine O’Neill, solicitor advocate, acted for the Scottish Legal Complaints Commission (SLCC) in defending an appeal to the Inner House of the Court of Session by the Law Society of Scotland. The Law Society was also represented by solicitor advocates. The case involved arguments about an unusual and difficult legal question: when is a regulator entitled to alter decisions that it has taken in live cases where its previous course of action has been found by the courts to have been wrong?

Brodies has been appointed as sub-contractor to provide Scots Law advice in support of international legal firm Simmons & Simmons in its appointments to the UK Government’s General Legal Advice (GLAS) and its Finance and Highly Complex Legal Advice (FaCLS) panels. 

These panels make legal services available to Central Government and its associated bodies, including the Security and Intelligence Services, the Bank of England, the Medical Research Council, UK Export Finance and the Chief Inspector of the UK Border Agency.

Brodies advised the shareholders of cloud technology solutions provider Results Squared Limited in the sale of their business to Blue Minerva Limited, part of the IRIS Software Group.

The sale and purchase of the Portland Hotels Group, owners and operators of five hotels – Edinburgh Capital Hotel, Edinburgh City Hotel, Pond Hotel (Glasgow), Huntingtower Hotel (Perth) and Speedbird Inn (Aberdeen Airport).

Brodies has helped Aberdeen City and Aberdeenshire councils comply with new procurement regulations by providing a method of maintaining a central register of contracts for both local authorities using its BOrganised contract management system.

Under the Procurement Reform (Scotland) Act 2014, which came into force in April 2016, public bodies are obliged to maintain a contract register and publish key information from the register online as a statement of current and future opportunities for commercial partners.