Pivotal has acquired Proper Advice, a Chester-based mortgage and protection brokerage, specializing in remortgage and debt consolidation advice.
This transaction is Pivotal’s 27th acquisition and adds additional tier-1 debt consolidation expertise to the group.
The company was founded in 2018 and is headed by Managing Director Michael Kalaras.
Commenting on the acquisition, Kalaras says: “We have built the right advice through our obsession with our clients and investment in our people and systems – something Pivotal has understood and appreciated from the beginning.”
“Together, we have the scale to invest further in the technology and processes that have driven our growth, and we have a shared culture built on putting customers first. Joining Pivotal is the right choice to accelerate growth in our next chapter.”
Pivotal Group CEO Mayank Prakash adds: “Proper Advice has built a truly differentiated service in a niche where few advisers across the UK have real depth, and Michael has done so through a level of entrepreneurial graft that we recognize and value at Pivotal.”
“What stood out throughout was the team’s entrepreneurial drive and curiosity about how technology can improve the mortgage journey – values we share across all pivotal teams.”
“We are delighted to welcome Michael and the Proper Advice team to Pivotal as we work together to build the UK’s leading mortgage advice and protection company.”
