BDO Scotland Appoints Craig Goold as Head of M&A

BDO Scotland has promoted Craig Goold to lead its mergers and acquisitions (M&A) division, reinforcing its commitment to deal-making across multiple sectors. The firm, which has experienced significant revenue growth, is coming off a record-breaking year in deal advisory.

A New Leader for a Growing Team

Craig Goold has been part of BDO Scotland since 2016, steadily climbing the ranks. His previous role as M&A managing director positioned him at the forefront of some of the firm’s most high-profile transactions. Now, as head of M&A in Scotland, he takes charge of a team that has seen revenue surge by approximately 30% in the current financial year.

His expertise in advising on complex transactions has been instrumental. Recent deals under his leadership include:

• Condatis securing investment from Bridgepoint, a major European mid-market growth investor.
• The sale of Topek to Brickability Group plc.
• The acquisition of The Majestic Line by Craig of Campbeltown.

A Strong Year for BDO Scotland

BDO’s deal advisory division in Scotland had a standout 2024, completing 35 transactions with a combined value of £1.6 billion. The scope of deals stretched across multiple industries, demonstrating the firm’s extensive reach and sector expertise.

• Industry Breakdown:
  • Technology
  • Technical services
  • Real estate
• Private Equity Influence:
  • 60% of transactions involved private equity.
  • 30% were cross-border deals, highlighting Scottish businesses’ international ambitions.

Outlook for 2025 and Beyond

Despite economic uncertainty, Goold remains optimistic about Scotland’s M&A landscape. He emphasized the resilience and ambition of local businesses, stating that the team is prepared to support clients in achieving sustainable growth.

“It’s an exciting time for the M&A team and BDO in Scotland, and I’m delighted to be taking the helm. Even in a challenging environment, this year already looks like it will be another positive 12 months for M&A in Scotland,” Goold said.

Recognition from Leadership

Martin Gill, regional managing partner at BDO Scotland, praised Goold’s promotion as a testament to his dedication and strategic insight.

“Craig’s promotion is a well-deserved recognition of his continued success and significant contributions to our team, culture, and clients. He has built a strong track record for delivering high-quality advice and successful outcomes for some of the most notable deals in the Scottish market.”

With a strong pipeline of deals and growing investor confidence, BDO Scotland appears poised for another year of success under Goold’s leadership.