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Announced

Completed

Shawbrook Group completed the acquisition of The Mortgage Lender.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

mortgage lender

Single Bidder

United Kingdom

Domestic

Majority

Acquisition

Friendly

Mortgage Finance

Completed

Synopsis

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Shawbrook Group, a specialist savings and lending bank, completed the acquisition of The Mortgage Lender, a specialist intermediary mortgage lender. Financial terms were not disclosed. "The acquisition is an exciting and unique opportunity for both Shawbrook and TML, and will help to drive further growth in our Property Finance franchise," Ian Cowie, Shawbrook Bank CEO.

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