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Pivotal Growth, the mortgage and protection aggregator, has bought Scottish mortgage broker Lifetime Finance Group for an undisclosed fee. The aggregator says Lifetime Finance Group was founded 25 years ago and is one of the largest mortgage brokers in Scotland, with a particular focus on advising contractors and
Like most football fans I found myself oddly fascinated by the end of this summer’s ‘transfer window’ as some of the biggest clubs in the world fought to strengthen their team by acquiring the best players from other clubs. Of course, as fans we all know that, just because your club spends some money and adds some
LSL Property Services has sold its stake in conveyancing panel provider LMS for £12m in cash, as the group pursues its "financial services led growth strategy". The group sold its 49.6% holding in the unit to private equity outfit ONP Group, which consists of O’Neill Patient Solicitors, Cavendish Legal Group,
Simon Embley has been appointed chief executive of Pivotal Growth and will step down from his role as non-executive chair of the LSL board on 28 April 2021. LSL has revealed a joint venture with Pollen Street Capital (PSC) to launch Pivotal Growth, a national mortgage broker. At least £200m will be made available by way of equity and debt to fund acquisitions; LSL has committed up to £33.5m and PSC up to £62.4m to support the acquisitions to be made by Pivotal Growth. The investment by LSL and PSC will be supplemented with external debt finance in Pivotal Growth, with a view to an exit eve...
LSL and private equity investor form new broker By Gary Adams 23 rd April 2021 10:08 am LSL Property Services has partnered with private equity investor Pollen Street Capital to create a new mortgage and protection broker, named Pivotal Growth Limited. LSL chairman Simon Embley has been appointed chief executive and deputy chair and senior independent director Bill Shannon will become chair of the LSL board and the nominations committee. Meanwhile, LSL chief executive officer David Stewart and PSC partner Ian Gascoigne have been named Pivotal Growth directors while...