Pivot secures £100m+ Foresight backing following management buyout

Pivot Lending Ltd has completed a management buyout alongside a £100m+ debt and equity investment from funds managed by Foresight Group, strengthening the lender’s capital base and significantly increasing its capacity to support SME property developers across the UK.

The transaction was led by Pivot CEO Shahil Kotecha and Capital Director PakSan Wu, with Graham Emmett transitioning into a Non-Executive Chair role as part of the deal.

Foresight, a long-standing senior funding partner to Pivot, has provided both debt and equity backing, widening the lender’s shareholder base and reinforcing its long-term growth strategy.

The new capital structure allows Pivot to offer larger loan sizes of up to £15m, more competitive pricing and greater flexibility across its development finance proposition.

The lender plans to expand lending across a broader range of asset classes, including residential, PRS, commercial, care, PBSA and hospitality schemes, while continuing to focus on SME developers.

Alongside increased lending capacity, the investment will support further development of Pivot’s operating systems, risk frameworks and data-led analytics, helping to improve decision-making speed and support sustainable growth.

Shahil Kotecha, CEO of Pivot, said the transaction reflects Foresight’s confidence in the business and its governance, adding that the strengthened capital base will allow Pivot to scale its loan book, broaden its product offering and continue investing in technology to better support developers.

Oliver Bates, Director at Foresight Group, said the deal highlights Foresight’s ability to invest at scale across the capital structure of high-quality specialist lenders.

He added that Pivot has built a strong position in the development finance market and that Foresight looks forward to supporting the management team as the business accelerates its next phase of growth.

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