LSL buys Personal Touch for £4.8m
LSL Property Services has acquired Personal Touch Financial Services for £4.8m.
The Personal Touch network has 200 appointed representative firms and 474 advisers.
Ian Crabb, group chief executive of LSL, said: “This acquisition supports LSL’s stated strategy of enhancing its position as a leading mortgage distributor and growing long-term profitability in the provision of residential property services in the UK by identifying value enhancing opportunities.
“LSL has deep sector expertise in the provision of financial services and PTFS is an excellent fit with our existing financial services businesses.”
Following the acquisition LSL has 641 appointed representative firms and 1,775 advisers.