Pivotal Growth has bought Select Mortgages & Financial Solutions and has agreed to acquire Select Brokers, both firms are Northern Ireland-based. The Select Brokers transaction will be subject to regulatory approval. The deals mark the company’s initial expansion into Northern Ireland.
Select Mortgages, based in Lisburn, founded 20 years ago, providing independent mortgage and protection advice. Select Brokers, based in Banbridge, established in 2016, supplies personal and commercial insurance such as landlord and property, home and business liability. Both firms are founded by Keith Hannath.
Pivotal Growth is set up a joint venture between LSL, the parent company of mortgage network Primis, and private equity firm Pollen Street Capital to buy and build a national mortgage adviser.
Pivotal Growth chief executive Simon Embley said: “I am delighted to welcome Select Mortgages and Select Brokers into Pivotal Growth. Keith has done a fantastic job growing both businesses and, as a result, has ensured strong customer loyalty to the brands and high client retention rates.
“I am looking forward to working with Keith and the management team to further grow our footprint in Northern Ireland.”
The acquisitions bring the total number of deals the company has made to 10 since its inception in 2021.
Hannath commented: “We are extremely proud and excited to be a part of the Pivotal Growth stable. We are looking forward to working with Simon and his team to grow the businesses in Northern Ireland and integrate best practices from other firms in the Pivotal Group.”