Capital Bridging Finance Limited has exclusively revealed to B&C that it has acquired Mayfair Bridging.
Capital Bridging has further supported its growth plans with the acquisition of Mayfair Bridging – a firm that has established a range of bridging products in the property investment and business sale sectors in just over six years.
Mayfair will still operate under its own brand and remain based in Preston, where it will leverage the additional funding capacity made available through the buy-out.
Commenting on the acquisition, Keith Aldridge, Managing Director who formed Capital Bridging in 2009 said: “Mayfair is a great fit with Capital Bridging. They are a credible team with a strong portfolio of products and a reputation for delivering high quality service. We are delighted to welcome them to the team.”
Shoaib Bux of Mayfair added: “The opportunity to build our business alongside Capital Bridging’s, leveraging their strong expertise and significant funding capacity is a great endorsement of what we have achieved and the potential we have for the future. We already enjoy a positive working relationship with the Capital Bridging team and are now excited about building a future alongside them.”
Concluding, John Jenkins, CEO of Capital Bridging said: “We are delighted to find an established and successful team to add to the Capital Bridging family. The acquisition provides significant growth benefits for both businesses. Bringing Mayfair alongside our existing business expands our reach and means we can offer our highly adaptable solutions to even more customers across the UK”
It was stated that neither Capital Bridging nor Mayfair have set products or pricing. Each loan will be treated on its merits as usual.
The team will continue to manage all existing loan relationships and existing relationships with brokers and other specialists.
Capital Bridging Finance Limited has exclusively revealed to B&C that it has acquired Mayfair Bridging….
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