Pivotal Growth has acquired Radcliffe & Newlands Mortgages, a residential mortgage and protection broker based in London.
The brokerage was founded in 2006 and has been led by managing director Jason Ransted.
It provides tailored mortgage and protection insurance services to employees of large corporate clients and allows corporate partners to offer mortgage and protection advice as an employee benefit. It has already worked with 100 businesses.
Pivotal says the brokerage’s ability to build and nurture long-term relationships with corporate HR teams – and in turn attract referrals from satisfied clients – supports this growth.
Simon Embley (pictured), CEO of Pivotal Growth, said: “We are excited to welcome Radcliffe & Newlands Mortgages into the Pivotal Growth family. Radcliffe & Newlands Mortgages’ unique model, which integrates mortgage and protection advice as a corporate benefit, is an exciting and innovative service offering.
“This acquisition strengthens our market position and allows us to serve a sector that was previously untapped by the Pivotal group. We look forward to working with Radcliffe &Newlands Mortgages’ highly experienced team to grow and develop this new area of our business.”
Ransted added: “We’re thrilled to join forces with Pivotal Growth. Our team has worked hard to build strong relationships with our corporate partners, and this acquisition offers us the resources to expand even further.
“With Pivotal Growth’s support, we will continue to provide outstanding mortgage and protection services to employees across a growing number of corporate partners.”
