Daily Insurance Industry News
Daily Insurance Industry News
Wednesday 22nd of May 2019
February 23, 2010

Towergate acquires John Charcol

by Gill Montia

Story link: Towergate acquires John Charcol

Towergate Partnership has acquired independent mortgage broker, John Charcol, via its Towergate Financial unit.

Under the terms of the deal, all John Charcol staff and directors will be making the move to Towergate Financial and CEO, John Garfield, will then work closely with Towergate Financial CEO, Ian Darby, to grow the business.

The acquisition supports Towergate Financial’s strategy of establishing a high-net-worth mortgage advisory business to complement its private client and corporate solutions offerings.

The Partnership’s chairman, Peter Cullum, says: “We are delighted to welcome 100 new staff to Towergate and to have secured their futures under the John Charcol brand, a brand which enjoys a great reputation and which we will retain and further develop.”


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