Arnold & Porter Advises Better HoldCo on its Acquisition of UK-Based Digital Mortgage Broker Trussle
Arnold & Porter advised Better HoldCo Inc., a US-based digital homeownership platform, in its acquisition of the UK-based digital mortgage and insurance broker Trussle. The acquisition was signed on July 9, with closing subject to satisfaction of a regulatory condition.
The acquisition marks Better’s first overseas expansion and will allow Better to enter the £1.5 trillion UK mortgage market.
Corporate & Finance partners Sean Scanlon and Jeremy Willcocks led the Arnold & Porter team, which included Investment Management partner Simon Firth, Labor & Employment partner Henry Clinton-Davis, Intellectual Property partner Beatriz San Martin, Life Sciences & Healthcare Regulatory partner Alexander Roussanov, Corporate & Finance partners Henry Morriello and Christopher Allen, Anti-Corruption practice co-chair Jonathan Green, and associates Tom Wilson, Emelia Hunt, Shishu Chen, and Katerina Kostaridi.