Deal expands its reach into corporate mortgage and protection benefits market

Pivotal Growth has announced its acquisition of London-based brokerage Radcliffe & Newlands Mortgages, expanding its footprint in the residential mortgage and protection sector.
Founded in 2006 by managing director Jason Ransted, Radcliffe & Newlands Mortgages specialises in providing tailored mortgage and protection insurance advice to employees of large corporate clients. The firm’s business model enables corporate partners to offer these services as an employee benefit, which has resulted in partnerships with over 100 companies to date.
The acquisition is part of Pivotal Growth’s ongoing strategy to strengthen its position as a leading consolidator in the UK mortgage and protection broking market. Established in 2021, Pivotal Growth has quickly scaled up to generate revenues exceeding £70 million, with a workforce of more than 800 employees.
The latest deal follows Pivotal Growth’s acquisition of Watts Commercial Finance, a Cheshire-based commercial mortgage broker, earlier this month. Acquisitions last year included those of Charleston Financial Services and Morrison Ward Associates in July, of the John Charcol Group in April and of Select Mortgage & Financial Solutions and Select Brokers in January.
“We are excited to welcome Radcliffe & Newlands Mortgages into the Pivotal Growth family,” said Simon Embley (pictured), chief executive of Pivotal Growth. “Radcliffe & Newlands Mortgages’ unique model, which integrates mortgage and protection advice as a corporate benefit, is an exciting and innovative service offering.
“This acquisition strengthens our market position and allows us to serve a sector that was previously untapped by the Pivotal group. We look forward to working with Radcliffe & Newlands Mortgages’ highly experienced team to grow and develop this new area of our business.”
Ransted also expressed optimism about the partnership, stating: “We’re thrilled to join forces with Pivotal Growth. Our team has worked hard to build strong relationships with our corporate partners, and this acquisition offers us the resources to expand even further. With Pivotal Growth’s support, we will continue to provide outstanding mortgage and protection services to employees across a growing number of corporate partners.”
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