Mortgage Advice Bureau acquires majority share in Auxilium Partnership

MAB takes 75% stake

Hemma Visavadia
clock • 1 min read

Mortgage Advice Bureau, (MAB) has announced the acquisition of a 75% shareholding in specialist protection service provider, Auxilium Partnership.

Auxilium, which services Directly Authorised (DA) firms, will continue to be spearheaded by chief executive Mark Graves, who retains 25% shareholding in the business. The acquisition will see MAB focus more on DA's to help achieve better performances productive and better customer outcomes, it stated. Commenting on the acquisition, Graves added that the partnership will enable Auxillium to strengthen its proposition further and help more DA firms. "They are the perfect partner for us and have an unprecedented track record of success. I look forward to working with Peter and the tea...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

Access FS appoints Equality Council

Access FS appoints Equality Council

Nine-strong team of staff and advisers

Cameron Roberts
clock 09 December 2025 • 1 min read
Bain Capital completes Jensten Group acquisition

Bain Capital completes Jensten Group acquisition

Plans for expansion

Jaskeet Briah
clock 05 December 2025 • 1 min read
Claims and Underwriting: In conversation with a claimant

Claims and Underwriting: In conversation with a claimant

Joe Nattrass discusses his journey

Cameron Roberts
clock 04 December 2025 • 1 min read