Smith Cooper Independent Mortgage and Financial Advice finalise management buy-out

The Managing Director of Derby-based Smith Cooper Independent Mortgage and Financial Advice (SCIMFA) has completed a management buyout from parent company Smith Cooper.

Founded in 2015 after many years of association with Smith Cooper as an independent advisor, SCIMFA offers a select range of Whole of Market Mortgage & Finance Advice solutions for individuals and companies across the UK and is directly authorised by the Financial Conduct Authority.

The MBO sees Managing Director, Suzanne Bradshaw, acquire all shares of the business, which will now trade as Mortgage and Finance Arena.

Suzanne commented: “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.”