The mortgage broker consolidator has acquired More Choice, a Bedford-based mortgage and protection broker that was founded in 2007 by directors Julie Myers and Gareth Tucker. The firm will be integrated as a bolt-on acquisition to Grange Mortgage and Protection Services, an existing subsidiary of Pivotal Growth.
More Choice will continue to operate from its current premises and will gain access to growth opportunities supported by Grange Mortgage and Protection Services and the wider Pivotal Group.
Myers 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.”
Pivotal Growth has also acquired McPolin Financial Services, which was established over 20 years ago by John McPolin in Banbridge, Northern Ireland.
The firm 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.
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McPolin 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, outgoing 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.”
This week, Pivotal Growth announced the appointment of Mayank Prakash as the group’s next CEO from 1 September, to replace Embley, who will serve as chair.
