VATBRIDGE acquired by Brightlane

Brightlane Corp has announced that it has acquired VATBRIDGE Limited.

As a result, VATBRIDGE will become a wholly owned subsidiary of Houston-based Brightlane.

This comes as part of Brightlane’s expansion plans in geographic markets and portfolio of services.

The move is expected to accelerate Brightlane’s property and speciality financing products, which it has positioned as a growth engine in its two-year, medium-term management plan.

“We are pleased to have added VATBRIDGE to our expanding operations,” said Steve Helm, chief executive officer at Brightlane.

“This is a strategic acquisition and part of a multiplatform initiative to grow our service offerings to consumers and real property owners alike.

“VATBRIDGE is a high-quality business with an entrepreneurial and talented team.

“This acquisition will serve to strengthen our scale of services and help build on our global growth strategy.

“We have great expectations for the many future contributions and service offering expansion in the years ahead.”

Laurence Rutter, company director at VATBRIDGE (pictured above, right), added: “We welcome the Brightlane teams with the exciting outlook for opportunities ahead for specialty financing products in new markets.

“The technology development and combined strengths of these companies are an important element of this strategy.

“The combined companies will give us the momentum to grow our UK business and maximize the value of our combined operations.”

Also pictured: Vince Bull, managing director at VATBRIDGE

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