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New Deal


Announced

LSL and Pollen Street-backed Pivotal Growth to acquire The Buy to Let Broker.

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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mortgage brokerage

Majority

United Kingdom

Private

Private Equity

Mortgage Finance

Acquisition

Domestic

Pending

Friendly

Single Bidder

Synopsis

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LSL and Pollen Street-backed Pivotal Growth, an independent alternative investment management company, agreed to acquire The Buy to Let Broker, one of the largest specialist buy to let mortgage brokers in the UK. Financial terms were not disclosed. "This acquisition will provide us with specialist expertise in the buy to let market, further building on our existing specialist broking capabilities. Matthew and Matt have built a fantastic business with an excellent reputation, and I am excited to be working with them and their team to continue to deliver first class solutions to landlords," Simon Embley, Pivotal Growth CEO.

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