Bright Harbour Advisory has provided buy-side advice to LSL Property Services plc on its acquisition of TenetLime, trading as Tenet Mortgage Network. The deal completed in February 2024, with LSL paying a maximum consideration of £12.9 million.
David Stewart, Group Chief Executive Officer, commented: “I enjoyed working with Eleanor and her team, finding Bright Harbour Advisory constructive and supportive throughout the process. I’m delighted we have been able to complete this transaction and I look forward to welcoming TenetLime’s advisers to our PRIMIS Network.”
Eleanor Wilkinson, who led the Bright Harbour Advisory team, commented: “It was a pleasure to work with LSL and great to help them secure this acquisition. This transaction adds scale to LSL’s Financial Services Network whilst providing a mortgage-centric home to TenetLime advisers.”
For more information or to discuss how we may be able to help you, please contact Eleanor Wilkinson.