Lower mid-market investor Lonsdale Capital Partners has acquired a majority stake in UK mortgage broker Charles Cameron & Associates (CC&A).
CC&A was launched in 2004 by Simon Nimmo and Peter Smith. Nimmo, who previously founded and subsequently sold Alexander Hall to Foxtons, will continue as CEO following the deal.
The company’s model sees it partner with blue chip corporates, including investment banks, professional services firms, and tech companies, as well as specialist employee benefit providers.
It provides a fee-free mortgage broking service to employees, as well as seminars and information on financial wellness.
CC&A also advises high-net-worth individuals that are referred by its network of private banks and wealth managers.