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TMM - News

SHARE outlines growth plans

Tony Dench
Wednesday 9th of December 2020

The SHARE boss, speaking to TMM Online after the firm finalised its acquisition of insurance and mortgage group Newpark, says his group will look at new opportunities if they arise.

"We said we have growth ambitions and we have realised those ambitions with this deal," Dench said. "This [Newpark] is where the focus is but SHARE is ambitious and we will look at other opportunities as they present themselves. We will of course look to bed down this amalgamation first."

SHARE has bought the Newpark aggregation business from former shareholders including Darren Gannon, moving it to a new company, Newpark 2020. There are assets still held in the old Newpark business which will be wound down in due course.

Dench said the deal brought in mortgage lending expertise, as SHARE had "built a comprehensive mortgage process" but "didn't have a large number of mortgage advisers".

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