RedKangaroo

INDUSTRYLeisure Avondale is pleased to have supported negotiations and to announce the acquisition of regional trampoline operator, RedKangaroo by the indoor family activity brand, Oxygen. This is Oxygen’s third acquisition in nine months. Oxygen was acquired by Literacy Capital Plc in July 2021, which provided the growth capital required to deliver Oxygen’s vision to lead…

The Vintage Cosmetic Company

INDUSTRYBeauty Avondale is pleased to have supported negotiations and to announce the acquisition of The Vintage Cosmetic Company Limited and The Vintage Cosmetic Company LLC by Upper Canada UK, a wholly owned subsidiary of Upper Canada Soap, based in Canada. Through the guidance and leadership of Craig Hubert and his team, the Vintage brand has…

mini-budget

Mini-Budget and the Impact on M&A

For clients thinking of buying or selling companies Capital Gains Tax (CGT) has by far the biggest impact and so far, there is no indication that the CGT rate has changed in this mini-budget – which is good. The trickle-down economic strategy that the new team in No 10 has adopted of trying to grow…

Vindex Systems

INDUSTRYSecurity & Health & Safety Vindex Systems, a leading systems integrator that delivers intelligent business protection solutions, has been acquired by Johnson Controls, with Avondale providing negotiation advisory services. Delivering turnkey security solutions, including system planning and design through to implementation, installation, support and maintenance, Vindex Systems has built a reputation for outstanding technical capabilities…

Carlton Bingo

INDUSTRYLeisure Carlton Bingo, a leading operator of bingo clubs across Scotland, is pleased to announce the transfer of ownership to their more than 200 staff through establishing an Employee Ownership Trust (EOT), with Avondale leading the process every step of the way. Formed in 1998 through a management buyout of the bingo interest of Taylor…