By Martin Keegstra

ROMEO Group acquires FlexFront

Romeo Group acquires all shares of FlexFront B.V. Additionally, the related mid-office activities of BCMGlobal Netherlands will be transferred.

Hoorn, April 24, 2024 - Romeo Group acquires all shares of FlexFront B.V. Additionally, the related mid-office activities of BCMGlobal Netherlands will be transferred.

"With this acquisition, we accelerate our growth ambition and the scale advantage created thereby enables us to further enhance our services both towards the independent intermediaries connected to ROMEO, as well as for the lenders," said Martin Keegstra, director of ROMEO. "To continue investing in our financial services platform, scale is essential. With this acquisition, our distribution network grows to over 2,500 connected intermediaries, and our mid-office organization MO.servicing will process 50,000 mortgages with a volume of over 15 billion euros."

Gerben Jonkman, director of BCMGlobal Netherlands, stated: "We remain fully committed to the Dutch market. We are proud of what we have built with FlexFront, but as we focus on growing our management and special management activities, we believe that FlexFront, under different ownership, will be best positioned for future success. BCMGlobal will continue to build on our success as the leading service provider for buy-to-let in the Netherlands and leverage expertise from our European operations to bring other core activities to the Dutch market."

The coming period will be used to develop a transition and integration plan so that ultimately all acquired activities will take place from the Hoorn location.

The intended transaction will be completed once the necessary approval from the AFM has been obtained and the works council of BCMGlobal has advised.

 

About ROMEO Financial Services
ROMEO Financial Services B.V. (also known as ROMEO Group) is part of the Blauwtrust Group and was founded in 2015, realizing innovative and relationship-driven concepts in financial services. ROMEO Financial Services offers the full-service formula for financial advisors HUISMERK, the mid-office mortgage service MO-servicing, and the CRM platform Accelerate. ROMEO also offers a solution for financial advisors who do not require support but want access to the best products in the market: Basic Serviceproviding. For more information, visit www.romeofd.nl.

About BCMGlobal
BCMGlobal is a leading European independent service provider with over 25 years of experience in delivering outsourced solutions to banks and financial institutions. With offices in the Netherlands, the United Kingdom, Ireland, and Italy, BCMGlobal's core activities include lending provision, management and special management, backup services, bank administration outsourcing, debt management, and administrative services related to structured finance transactions. We support our clients in all stages of the loan lifecycle across multiple asset classes. In the Netherlands, BCMGlobal is a market leader in managing Buy-to-Let and commercial real estate loans. For more information, visit www.bcmglobal.com/countries/the-netherlands/.
 

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