Pivotal Growth Limited has completed the acquisition of CLS Money Limited and entered into a further agreement to acquire Simply Lending Solutions Limited.

CLS Money and Simply Lending are established specialist mortgage advisory firms with a focus on complex and adverse credit cases. Both have built their propositions around residential lending expertise and technology-led processes designed to help clients secure appropriate finance solutions.

Together, CLS Money and Simply Lending contribute more than a decade of specialist experience, longstanding lender relationships and a track record of organic growth driven by consistent client service standards. Combined, the firms generate more than £10 million in annual revenue and employ over 100 colleagues.

Clayton Shipton, managing director of CLS Money, said: “CLS Money has grown steadily over many years by focusing on quality, expertise and relationships. We have invested heavily in our people and in understanding what specialist lenders really need.

“Joining Pivotal gives us the platform, technology and support to build on that foundation and accelerate our growth, while staying true to our values and the way we work.”

Adam Hinder, CEO of Simply Lending, commented: “Simply Lending and Pivotal already have a successful commercial partnership, and we are delighted to join the Group as we accelerate Simply Lending’s next phase of growth.

“Pivotal is the right home for our clients and colleagues, as we share the same values and a truly customer-obsessed mindset.”

Mayank Prakash (main picture), group CEO of Pivotal, added: “CLS Money and Simply Lending are two of the UK’s most respected adverse credit mortgage advisers. Their expertise, strong leadership teams and entrepreneurial cultures align closely with our strategy.

“We look forward to supporting both businesses as they continue to grow, and we are proud to welcome Adam, Clayton and their teams to the Pivotal family.”