Mortgage and protection aggregator Pivotal Growth has acquired The Buy to Let Broker for an undisclosed amount.
Pivotal Growth was formed in April last year, as a joint venture between LSL Property Services and Pollen Street Capital to buy and build a national mortgage adviser.
It is the latest in a series of acquisitions by the firm, which has bought brokerages Lifetime Finance Group, Mortgage and Protection Services and The Loan Partnership since December last year.
The Buy to Let Broker is one of the UK’s largest specialist BTL mortgage brokers, founded by Matt Hardman and Matthew Rowne, and won the ‘Best Buy-to-Let Broker’ category at the Mortgage Strategy Awards of this year.
Pivotal Growth says it is in talks about new acquisitions to expand its product line and geographic reach.
The company’s managing director, Simon Embley, said: “This acquisition will provide us with specialist expertise in the buy-to-let market, building further on our existing specialist brokerage capabilities. Matthew and Matt have built a fantastic business with an excellent reputation, and I’m delighted to work with them and their team to continue to deliver first-class solutions to owners.
Rowne says:We are undoubtedly extremely proud and privileged to be part of the Pivotal Growth stable. Working alongside like-minded people who share the same passion, integrity and drive as us has long been our modus operandi and we can honestly say we have found a united partner to continue delivering the right advice and solutions to UK owners, while continuing to evolve the business and maintaining these core values.
Collaboration has always been at the heart of everything we do – and we look forward to working with Simon and the team at Pivotal. »