Pivotal Growth has acquired Xact Mortgages, a mortgage and protection broker based in Solihull, for an undisclosed sum.
Founded in 2007 by Jeremy Brown, Xact Mortgages has grown to a team of seven advisers and established relationships with developers across the Midlands and the wider UK.
In recent years, the business has experienced strong growth, driven by new contract wins and by expanding their existing relationships in the new build sector.
Xact Mortgages will join Pivotal’s existing new build division, led by Daniel Mumford of Grange Mortgage and Protection Services.
This acquisition is the latest of a series in 2025.
In September Pivotal Group acquired Believe Money Group.
In August, it acquired a pair of mortgage and protection advice firms, More Choice Financial and McPolin Financial Services.
And at the start of the year, it acquired London-based residential mortgage and protection broker Radcliffe & Newlands Mortgages and Business Protection Solutions (UK) Limited (BPS), a business protection insurance broker based in Northern Ireland.
Conor Brown, managing director of Xact Mortgages, said: “Joining the Pivotal family marks an exciting new chapter for our team and clients. We look forward to working closely with our colleagues at Grange and across the Pivotal group to drive growth and innovation in the new build sector.”
Mayank Prakash CBE, group CEO of Pivotal, added: “Xact Mortgages is a fantastic addition to the Pivotal group. Their expertise, strong presence in the new build sector, and shared client-first approach perfectly complement our growth strategy.”