MBO at Derby mortgage advisory firm
The managing director of Derby-based Smith Cooper Independent Mortgage and Financial Advice (SCIMFA) has completed a management buyout from parent company Smith Cooper.
The firm was founded in 2015 and offers mortgage and finance advice for individuals and companies.
The MBO was led by Suzanne Bradshaw, who has changed the name of the firm to Mortgage and Finance Arena.
She said: “It has been a transformative two years as part of the Smith Cooper brand with key appointments and a strengthening of our team, as well as the development of a new compliance agent offering for estate agents.
“Central to our ongoing strategy is to continue to offer independent and unbiased advice to individuals and companies looking to fund both residential and commercial property.
“I’m very excited for what the future brings and I have no doubt that the MBO will help us keep up this momentum.”