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New Deal


Announced

Completed

Shawbrook completed the acquisition of Bluestone Mortgages.

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 Finance

mortgage lender

Majority

Private

mortgage finance

United Kingdom

Acquisition

Domestic

Friendly

Single Bidder

Completed

Synopsis

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Shawbrook, a specialist savings and lending bank, completed the acquisition of Bluestone Mortgages, a specialist mortgage lender focused primarily on owner-occupied mortgages. Financial terms were not disclosed. "We are delighted to have strengthened our long-standing and successful partnership with Bluestone Mortgages through this acquisition. Bluestone Mortgages is a well-established brand in the UK specialist residential mortgage market, and by bringing the two organisations together, we can use our combined capabilities and scale to offer an even stronger proposition to UK homeowners," Marcelino Castrillo, Shawbrook CEO.

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