Six reasons to use IT due diligence in M&A deals

IT is intrinsic to many business operations today, so understanding the capabilities, limitations and risks of a company’s systems is important for anyone considering an acquisition. “IT systems are critical to a business’s ongoing success and its growth plans,” says Graham Pollitt of Dow Schofield Watts IT Advisory. “Without understanding the IT systems and having … Continued

Transaction services team advise on Deal of the Month

NorthEdge Capital’s investment in the West Yorkshire manufacturer Platinum Stairlifts – on which Dow Schofield Watts Transaction Services advised – has been named as Yorkshire Insider’s Deal of the Month for February. Platinum, based in Keighley, designs and manufactures a full suite of stairlift products. The company employs over 100 staff and distributes to more … Continued

Checkmate! YFM backs MBO of fire solutions firm

Private equity firm YFM Equity Partners has backed the MBO of Checkmate Fire Solutions, a Leeds-based fire protection provider. Dow Schofield Watts Transaction Services advised YFM on the deal. Checkmate Fire provides services including survey, design, specification and installation of solutions for fire stopping/air sealing, fire boarding and structural steel protection. The management team led … Continued

NVM invests £5m in home beauty device retailer

NVM Private Equity has led a £5 million growth capital minority investment into Manchester-based CURRENTBODY, an online retailer for home-use beauty devices.   Dow Schofield Watts Transaction Services advised NVM on the deal, which will help support the company in its next phase of expansion and its working capital requirements.  Co-founded by Laurence Newman and Andrew … Continued

Deal makes Castlerock one of UK’s biggest healthcare recruiters

Merseyside-based Castlerock Recruitment Group (CRG) has acquired a national counterpart, Healthcare Locums (HCL), in a deal which creates one of the largest providers of health and social care professionals across the public and private sectors. Dow Schofield Watts Transaction Services advised CRG on the deal, which will see it expand its services into India, Italy … Continued

DSW shortlisted for six Yorkshire Accountancy Awards

Dow Schofield Watts is in the running for no fewer than six awards at the upcoming Yorkshire Accountancy Awards, which celebrate the achievements of individuals and firms of all sizes in the region. Dow Schofield Watts has been shortlisted for: Advisory Team of the Year (DSW Transaction Services) Partner of the Year (Rob McCarthy) Independent … Continued

Avanite secures £500k as angel network complete first investment

Dow Schofield Watts Angels – the new Northern angel network – has completed its inaugural deal, with a £500,000 investment in Warrington-based software company Avanite.  Over 30 angel investors took part in the funding round, which will allow Avanite to expand its team to speed up product development and boost sales.  Founded in 2015 by IT consultants Peter Jones and Francesco Giarletta, Avanite has found a way to help … Continued

Dow Schofield Watts launches IT advisory service

Independent advisory firm Dow Schofield Watts has launched a new IT due diligence and transformation service as it continues to expand its team of specialist advisors.  Dow Schofield Watts IT Advisory will be led by Graham Pollitt, who has over 25 years’ experience in managing IT projects and advising on IT in mergers and acquisitions. An Oxford University graduate, Graham joins from General Electric, where he successfully led the IT activities on numerous deals as part of ‘Project Hubble’, the … Continued

Tax expert joins Dow Schofield Watts to launch new advice service

A Yorkshire tax adviser with over 17 years’ experience has joined specialist advisory firm Dow Schofield Watts to launch a new service for individuals, business owners and family investment companies in the region.  Richard Major, who has advised many celebrities and sports stars, will lead Dow Schofield Watts Private Client Tax LLP which will help clients with tax planning and compliance including tax returns and accounts.  The firm will focus on tax efficiency … Continued

Due diligence specialist joins Dow Schofield Watts

Independent advisory firm Dow Schofield Watts has appointed Tom Addison as Senior Manager in its award-winning transaction services team.  Tom joins from Deloitte in Manchester where he spent over eight years and was most recently Assistant Director in its transaction services team. His appointment comes as Dow Schofield Watts Transaction Services celebrates its best year to date.  Tom has experience working with blue-chip clients and advising on … Continued

DSW advises on growth capital deal for North East based tanning specialist

Darlington based, The Feel Good Group, a leader in the UV and spray tanning solutions market, has raised growth capital from Perwyn and HSBC in order to continue its store roll out expansion strategy. The business is the largest operator in the UK with over 80 tanning stores nationally trading under the Tanning Shop brand. … Continued

NorthEdge Capital backs Yorkshire stairlift maker

A West Yorkshire-based stairlift manufacturer, which employs in excess of 100 staff and distributes to more than 40 countries worldwide, has secured private equity investment from NorthEdge Capital. Platinum Stairlifts, based in Keighley, designs and manufactures a full suite of stairlift products. Strong growth has been achieved in recent years, with revenue increasing by more … Continued

Angel network chooses web software firm for its first EIS qualifying investment

Dow Schofield Watts Angels – the network set up last year to bring together individual investors with promising Northern technology firms – has chosen a Warrington-based software company for its first funding round. The angels are being offered an EIS qualifying £500,000 stake in Avanite, which has developed a product to help IT managers to … Continued

The Residence Nil Rate Band Factsheet

The Residence Nil Rate Band – The Residence Nil Rate Band Tax Factsheet Click here to view The Residence Nil Rate Band Factsheet The residence nil rate band was introduced in April 2017 as an additional allowance available to estates on death where there is a qualifying property that is ‘closely inherited’. This factsheet looks … Continued

Setting Up A Trust Factsheet

Setting up a Trust – Setting up a Trust Factsheet Click here to view Setting up a Trust Factsheet A family trust can provide a great vehicle for protecting and managing family assets whilst allowing the transfer of wealth to younger or future generations. What Is A Trust? A trust is a legal arrangement whereby … Continued

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