Pivotal Growth receives FCA approval to acquire Charleston Financial Services Mortgage Finance Gazette

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Pivotal Growth has acquired Charleston Financial Services after receiving approval from the Financial Conduct Authority (FCA).

Charleston is a mortgage and protection broker based in Milton Keynes and specialising in the commercial, bridging, buy-to-let and houses of multiple occupancy sectors.

The broker was established in 2009 and is led by the founder and managing director James Hardwick.

The acquisition marks Pivotal Growth’s fifth of this year.

Property investment firm Pivotal Growth is a joint venture between listed business LSL Property Services and asset manager Pollen Street.

Pivotal Growth’s chief executive officer Simon Embley says: “I am pleased to announce our latest acquisition in Charleston. Charleston has successfully tapped into specialist markets and grown to be an industry-leading specialist broker.”

“I am looking forward to working with James to accelerate the growth journey of Charleston. James is a highly experienced leader whom we are delighted to welcome into the Pivotal Group.”

Hardwick adds: “We are excited to join the Pivotal Growth journey and look forward to achieving accelerated growth in this new partnership. We are delighted by the opportunity to join Simon and his team to grow the Charleston business and add value to the Pivotal Group.”