Crystal reveals acquisition strategy following investment from Pagos Holdings

Pagos Holdings I Limited has purchased a passive, minority share in Crystal Specialist Finance (CSF) for an undisclosed sum.

CSF will use the investment in conjunction with its capital reserves to fund its own acquisition strategy, as part of its growth plans.

This will include the identification and purchase of companies which complement the brokerage’s current offering.

The business is currently in advanced negotiations with a number of specific firms it is seeking to bring on board.

CSF will make further announcements on these potential deals as they progress.

Jason Berry, group sales and marketing director at CSF (pictured above), said: “The specialist market is set to offer huge opportunity during the next few years, so this new investment, coupled with our own acquisitional funds, comes at the perfect time for us.

“It provides a war chest which we will use with diligence to grow both organically and through acquisitions.

“Brokers and introducers are at the heart of everything we do; we will therefore continue to invest in technology so the slickest and quickest submission journey is delivered, and we will buy and support good businesses which complement what we do.

“We particularly want to ensure brokers and introducers, who may be overwhelmed by current opportunities, have a simple and trusted referral solution.

“Our specific proposition is an attractive one to investors because of the depth of experience and activity we deliver in the specialist market. 

“Based purely on the value of the loans we completed in 2021, if we were a specialist lender, we would be comfortably sitting at the top table. 

“This is an exciting development for CSF and one which will only enhance the proposition we offer our broker and professional introducer partners.”

Leave a comment