Pivotal Growth, the joint venture between LSL and Pollen Street Capital, has acquired The Buy to Let Broker.
This marks the fourth acquisition for Pivotal Growth which is aiming to “buy and build” a national mortgage brokerage.
The Buy to Let Broker was launched in 2013 by Matt Hardman and Matthew Rowne and is one of the largest specialist buy-to-let brokerages in the country.
The deal follows Pivotal Growth’s acquisitions of The Loan Partnership, Lifetime Finance Group and Grange Mortgage and Protection Services.
When Pivotal Growth completed its first acquisition it said at least £200m would be made available by way of equity and debt to fund further acquisitions.
Simon Embley (pictured), CEO of Pivotal Growth, said: “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.”
Rowne added: “We are without doubt, extremely proud and privileged to be a part of the Pivotal Growth stable.
“Working alongside like-minded people, who share the same passion, integrity and drive as ourselves has long been our modus operandi and we can honestly say that we have found a united partner to continue to drive the right advice and solutions to landlords UK wide, whilst continuing to scale the business and retaining those core values.
“Collaboration has always been at the heart of everything we do – and we very much look forward to working with Simon and the team at Pivotal.”
