Pivotal Group acquires Xact Mortgages

Xact Mortgages was founded in 2007 by Jeremy Brown, comprising a team of seven advisers and relationships with developers across the Midlands and the wider UK. The business has reportedly experienced strong growth, according to Pivotal, driven by new contract wins and by expanding existing relationships in the New Build sector. Pivotal Growth said the acquisition supports its growth strategy and enhances its presence in the sector. Its existing New Build division is led by Daniel Mumford of Grange Mortgage and Protection Services, an existing Pivotal Growth subsidiary. It aims to c...