Mark Harris

Cabot Square Capital acquires majority stake in SPF Private Clients

Cabot Square Capital has acquired a majority stake in SPF Private Clients.

Savills PLC has sold its minority stake in SPF, while agreeing a long-term financial services agreement for SPF to continue to provide financial services to the group.

Earlier this year, SPF’s commercial debt department announced that it had arranged more than £1bn of loans during 2017, driven predominantly by a strong foothold in the development funding market.

“We are delighted to have Cabot on board as a shareholder in the business,” said Mark Harris, chief executive of SPF (pictured above), commenting on the transaction.

“We are already working on a number of exciting opportunities to develop and enhance the SPF proposition for our clients and business partners.”

Tarun Sharma, partner at Cabot Square Capital, added: "Mark and the team at SPF have built an incredible platform around providing high-quality specialist advice across mortgages, insurance and wealth management."

"We are delighted to be part of SPF and support it in its future endeavours." 

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