Simply Service Holding Group (SSHG), the company behind Simply Lending Solutions and Simply Adverse, has acquired Mortgage Thoughts, subject to approval from the Financial Conduct Authority.
Mortgage Thoughts was founded by Luke Saint and backed by former Bluestep chief executive David Torpey.
Based in Chelmsford, Essex, SSHG is a specialist broker that has experienced a period of significant growth over recent years.
Having employed more than 70 members of staff, SSHG says it is “keen to identify new opportunities for continued growth”.
The acquisition follows an investment in Lending Score, which SSHG says is set to bring new technology-focused capabilities.
Simply Lending Solutions chief executive Adam Hinder says: “Simply has always been operationally strong, and we’re keen to not only remain competitive within this constantly evolving landscape, but also to ensure we’re continuing to offer the very best solutions for our customers.”
“As part of that commitment, we’re thrilled to be investing in Mortgage Thoughts and Lending Score; a decision that will better enable us to innovate and really leverage the power of technology to expand and develop even further. We’re excited to see just what the Simply firms can achieve with the expertise of these technology experts.”