Pivotal Growth Acquires Lifetime Finance Group Limited
December 9, 2021
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.
- Buyers
- Pivotal Growth, Pollen Street IV, LSL Property Services plc
- Targets
- Lifetime Finance Group Limited
- Sellers
- Lifetime Finance Group shareholders, Gordon Hunter (retaining a minority investment)
- Platforms
- Pivotal Growth
- Industry
- Financial Services
- Location
- Scotland, United Kingdom
- Transaction Type
- Addon
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