Twitter LinkedIn
    Tuesday, July 5
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Acquisitions»McIntyre’s Socium acquires London mortgage broker
    Acquisitions

    McIntyre’s Socium acquires London mortgage broker

    August 2, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Socium Group, the investment vehicle backed by private equity firm Penta Capital, has acquired “a significant controlling stake” in London-based mortgage broker Charles Cameron & Associates.

    The deal, the details of which were not disclosed, is the latest move in Socium’s five-year plan to build a 300 adviser-strong business, and arrives just months after Socium withdrew its purchase offer of Beaufort Group.

    The firm bought CC&A from private equity investor Lonsdale Capital Partners, which acquired the brokerage in January 2018. The former owner claims CC&A’s exit generated returns more than double its initial investment.

    Read More

    Source: FT Adviser

    By Ruby Hinchliffe

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Acquisition PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Clearlake Capital and Motive Partners complete acquisition of BETA+ from LSEG

    July 5, 2022

    Biosynth Carbosynth acquires KKR’s Pepscan

    July 5, 2022

    Triton to tap €5.2bn Fund V for OCU buyout

    July 5, 2022

    Private lenders are offering cheaper debt than Wall Street banks

    July 5, 2022

    Comments are closed.

    Other Articles

    Tech and media sector ready to power M&A bounce-back in 2021

    January 28, 2021

    Blackstone closes largest first-time growth equity vehicle at USD4.5bn

    March 25, 2021

    SIMON Announces Strategic Investment from Citi

    February 16, 2022

    Rocket Cos to buy personal finance app Truebill for nearly $1.3 bln

    December 21, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2022 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?