Real Assets
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Pivot Lending Ltd (“Pivot”), a specialist development finance lender, is pleased to announce the successful completion of a Management Buyout (MBO) by Pivot Capital Ltd, accompanied by a significant debt commitment and equity investment from funds managed by Foresight Group (“Foresight”), a leading investment manager in real assets and capital for growth which has one of the most locally active private equity, ventures and private credit teams in the industry.
This milestone transaction significantly strengthens Pivot’s capital structure, widens its shareholder base, expands its funding capacity, and enhances its ability to support SME property developers across the UK.
Transaction Highlights
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MBO process and capital raise led by Pivot CEO Shahil Kotecha and Capital Director PakSan Wu.
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Graham Emmett transitions to Non-Executive Chair, as part of the transaction.
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£100m+ debt facility and equity investment provided by Foresight.
- The transaction enables Pivot to offer more competitive pricing and significantly larger loan sizes to its customers.
Strategic Rationale
The combined MBO and capital package allows Pivot to:
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Increase maximum loan sizes to £15m, supporting larger or, more complex short-term finance and development schemes.
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Expand its development offering across property types including residential, PRS, commercial, care, PBSA, and hospitality sectors.
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Support more SME developers through improved flexibility and capital availability.
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Strengthen operating systems, risk frameworks, and datadriven analytics to enhance speed of decision making.
Shahil Kotecha, CEO of Pivot, said: “Foresight has been a trusted senior lender to the business for the past two years, and this deepened partnership reflects their confidence in our platform, our governance, and our long-term vision. This new capital base enables us to accelerate both organic growth - through scaling our loan book, expanding our product suite and enhancing our technology."
Oliver Bates, Director, Foresight Group, commented: “The transaction is an important strategic investment for Foresight’s private credit offering, highlighting our ability to invest at scale and across the capital structure into high quality specialist lenders. Pivot has built an impressive presence in the development finance market and we are delighted to back a team with strong sector capability and a clear vision for market leadership. We look forward to supporting Shahil, Graham, PakSan and the wider team as they accelerate growth and broaden their offering to developers across the UK.”
