It comes after the group picked up a new build specialist last year
Pivotal Growth Limited has acquired specialist new-build mortgage and insurance brokers RSC New Homes Limited and Group First Limited, the holding company for Mortgages First and Insurance First from LSL Property Services Plc.
“I am delighted to welcome RSC and Group First into the Pivotal Growth group and to start the year with the strong momentum of two acquisitions,” Simon Embley, chief executive at Pivotal Growth, said.
“Through investment in their people, systems and technology, we plan to organically grow these businesses to further cement our position as a leading player in the new homes market, where we will continue to explore opportunities in the future.”
Pivotal Growth was established in 2021 as a joint venture between LSL and Pollen Street Capital, to buy and build a leading national mortgage adviser.
The latest acquisitions complement the purchase of Northampton-based new build specialist Grange Mortgage and Protection Services in 2022, and expand the group’s capability and coverage in the specialist new-build space. It also acquired specialist mortgage brokers The Loan Partnership and The Buy to Let Broker last year.
Ian Bush, managing director at Group First, said they were excited to become part of the Pivotal Growth group.
“This is a great opportunity to work with Simon and his team at Pivotal Growth, which will bring us new distribution opportunities and access to technology in order to grow the business,” Bush commented.
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