Newcastle property firm LSL has announced that its joint venture Pivotal Growth has made its second acquisition.
Pivotal Growth – a joint venture set up last April with Pollen Street Capital to “buy and build” a leading national mortgage broker – announced at the end of last year that it has at least £200m available by way of equity and debt to fund acquisitions.
Now the JV has completed the acquisition of Grange Mortgage and Protection Services Limited, a specialist new build mortgage and insurance brokerage based in Northampton.
