Tandem Bank Acquires Allium Lending Group

Tandem Bank Acquires Consumer Lender Oplo

January 12, 2022

Financial Services

Tandem Bank is acquiring fast-growing UK consumer lender Oplo to create a larger, purpose-led digital bank focused on fairer and greener financial products. The combination — spearheaded by Pollen Street Capital — will produce a profitable digital bank with roughly £1.2 billion of assets, about £1 billion of funding, over 171,000 customers and regulatory approval to complete by end of January 2022.

Reseda Group Acquires Tandem Finance App

November 12, 2025

Payments & Fintech

Reseda Group, a credit union service organization owned by MSU Federal Credit Union, has acquired Tandem, an Ann Arbor-based fintech app that helps couples manage shared finances. Tandem's founders will join Reseda Group as vice presidents as the company integrates the app into a broader family banking ecosystem aimed at Gen Z and Millennial couples and expanding into multi-generational household financial tools.

Lotus Infrastructure Partners Acquires PNE USA (Renamed Allium Renewable Energy)

June 6, 2024

Renewable Energy

Lotus Infrastructure Partners completed the acquisition of PNE USA, a North American developer of utility-scale wind, solar and energy storage projects, from Germany-based PNE AG. PNE USA will operate immediately as Allium Renewable Energy; the developer has monetized 877 MW to date and holds a development pipeline of over 3 GW, and Lotus said the deal will expand its renewable development capabilities.

Pivotal Growth Acquires The Loan Partnership Limited

May 23, 2022

Financial Services

Pivotal Growth, the mortgage advisory joint venture backed by LSL Property Services Plc and Pollen Street Capital, has agreed to acquire The Loan Partnership Limited (TLP), a specialist second-charge mortgage and bridging finance broker based in Hemel Hempstead. The deal expands Pivotal Growth’s specialist broking capabilities in the second-charge and bridging finance markets and is subject to customary regulatory approvals.

Celero Commerce Acquires Elmhurst Financial Services and Tandem Innovative Payment Solutions

June 18, 2019

Payments & Fintech

Celero Commerce acquired Elmhurst Financial Services and Tandem Innovative Payment Solutions to expand its distribution and technology capabilities for financial institutions and SMB merchants. The transactions strengthen Celero's payment processing, business management software, and technology offerings and extend its service footprint to approximately 25,000 merchants and ~$10 billion in annual payment volume.

Pivotal Growth Acquires Lifetime Finance Group Limited

December 9, 2021

Financial Services

Pivotal Growth, the joint venture between Pollen Street IV and LSL Property Services plc, has agreed terms to acquire Lifetime Finance Group Limited, a Glasgow-based mortgage broker with strengths in new-build, contractor and self-employed mortgages. The deal is the first bolt-on acquisition for the Pivotal Growth platform as it builds a UK-wide mortgage brokerage business; Lifetime's CEO Gordon Hunter will retain a minority investment.