Enra Group has acquired specialist master broker Vantage Finance.
Vantage will retain its location, staff and name but will look to accelerate growth with the help of the wider group.
Emily Gestetner, chief financial officer of Enra Group, said: “This is a significant step for Enra.
“Vantage’s specialist mortgage broking expertise underpins the group’s leading presence in specialist distribution, where Enterprise Finance is already a leading master broker.
“As the group develops new specialist lending propositions in these areas, this acquisition marks our intent to achieve our goal of being the UK’s biggest specialist mortgage business.”
The group already owns second charge broker Enterprise Finance and bridging lender West One Loans.
Lucy Hodge, founder and managing director of Vantage Finance, said: “Having established Vantage almost 14 years ago and grown it to the successful business it is today, I am excited by the opportunity to work alongside the talented and successful management within the Enra Group and taking Vantage to the next stage of its growth whilst contributing to the wider group.
“Our ability to leverage the financial and back-office strength of the group gives us a strong platform to accelerate the growth of the Vantage business.”
Vantage advises on bridging, buy-to-let, second charge, commercial finance, development finance and unsecured loans.