Pivotal Growth Limited has announced the acquisition of Xact Mortgages, a Solihull-based firm with a strong track record in the new build sector.
Founded in 2007 by Jeremy Brown, Xact Mortgages has grown to a team of seven advisors and established strong relationships with developers across the Midlands and the wider UK.
In recent years, the business has experienced notable growth, driven by new contract wins and by expanding their existing relationships in the new build sector.
The acquisition further enhances Pivotal’s presence in the sector and supports its strategy of bringing high-
performing, specialist firms into the group. Xact Mortgages will join Pivotal’s existing New Build division, led by Daniel Mumford of Grange, bringing together expertise to enhance services and support for homebuyers and developer partners across the UK.
Conor Brown, managing director of Xact Mortgages, commented: “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, 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. We are excited about the opportunities ahead as Pivotal’s specialist teams continue to deliver greater value to our clients and the wider property market.”
Read the orginal article: https://propertyindustryeye.com/lsl-backed-pivotal-growth-expands-new-build-reach-through-acquisition/?utm_source=rss&utm_medium=rss&utm_campaign=lsl-backed-pivotal-growth-expands-new-build-reach-through-acquisition
