MT Finance Group Limited (MT Finance) Has sold a minority stake to an American investment company focusing on fixed-income investments.
The firm becomes a shareholder in the business having exercised warrants obtained in 2017.
The investment marks another important milestone for the company.
The decision to exercise the warrants comes following strong financial performance by MT Finance throughout the pandemic, combined with the successful introduction of a regulated bridging product in 2020 and the launch of the company’s new buy-to-let offering in July 2022.
Established in 2008 by co-founders Joshua Elash (pictured) and Tomer Aboody, MT Finance is an award-winning specialist property finance lender.
Elash, director & founder of MT Finance said: ”We look forward to welcoming this outstanding institution as a shareholder. The cementing of this relationship will serve MT Finance well in the coming years as we continue to achieve our objectives of being an ESG-focused, multi-solution, financial institution.”
Nick Parkhouse of EY who advised on the transaction creating the warrants said: ”This is another validation of the growth strategy MT Finance put in place in 2017 to become the leading property lender in the UK. I am confident there will be further and continued exciting news coming from the company in the not-too-distant future.”
