Pivotal Growth completed the acquisition of John Charcol Group.

LSL Property Services and Pollen Street Capital-backed Pivotal Growth, a financial services company, completed the acquisition of John Charcol Group, a mortgage and protection broker. Financial terms were not disclosed. “I am absolutely delighted to welcome such an iconic brand to Pivotal Growth. John Charcol needs no introduction to any market participant, having historically been recognised as one of the most prestigious mortgage brokers in the UK. Palatine and Waypoint have done an excellent job in transforming the business and in ensuring its profits have grown. Through further investment, our plan is to grow the adviser base and diversify and develop the product offering, which we see as a significant area for growth," Simon Embley, Pivotal Growth CEO.