Pivotal Growth has acquired a pair of mortgage and protection advice firms, More Choice Financial and McPolin Financial Services, for undisclosed sums.
More Choice, a Bedford-based mortgage and protection broker founded in 2007 by directors Julie Myers and Gareth Tucker, will be integrated as a bolt-on acquisition to existing Pivotal Growth subsidiary Grange Mortgage and Protection Services.
The firm will continue operating from its current premises, with support from Grange and the broader Pivotal Group.
Julie Myers, director at More Choice, said: “Joining Pivotal Growth is a fantastic opportunity for our business and our clients.
“We’re excited to collaborate with Grange and take advantage of the extensive resources now available to us.”
McPolin Financial Services, launched more than 20 years ago by John McPolin in Banbridge, Northern Ireland, will become a bolt-on acquisition to Select Mortgage & Financial Solutions, another company within the Pivotal Growth portfolio.
McPolin Financial Services will also remain in its current location, with its existing team in place.
John McPolin, managing director of McPolin Financial Services, said: “This partnership gives us the backing of a larger group while allowing us to continue serving our clients with the same personal approach. It’s a positive step forward for our team and our future growth.”
Simon Embley, CEO of Pivotal Growth, said: “We’re thrilled to welcome More Choice and McPolin Financial Services into the Pivotal Growth group.
“These are two well-established, reputable firms with strong leadership. By aligning them with Grange and Select, we’re enhancing collaboration, expanding our reach, and continuing to provide exceptional service to clients across the UK.”
Acquisition trail
The purchases continue the firm’s acquisitions strategy.
At the start of the year Pivotal Growth acquired London-based residential mortgage and protection broker Radcliffe & Newlands Mortgages for an undisclosed sum.
The same month it announced the acquisition of Business Protection Solutions (UK) Limited (BPS), a business protection insurance broker based in Northern Ireland, for an undisclosed sum.
And earlier this week Pivotal Growth appointed Mayank Prakash as group chief executive officer, joining from Evelyn Partners where he was group chief operating officer.