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Black & White is aiming for 300 advisers with takeovers

National broker the Black & White Mortgage Company says it is on track to boost its number of advisers to 300 from 200 by the end of the year through the acquisition of two smaller rivals.

The firm, which was launched two years ago in Staffordshire, says it is set to top the £2bn business mark this year, with around 85 per cent being remortgages, and is looking to compete head-on with established rivals such as Charcol.

Black & White claims it is almost certainly the country&#39s fastest-growing broker and attracts high numbers of quality advisers because of it generates around 1,700 leads a week through its predictive dialling system.

It is looking to list on Ofex by the end of the year and eventually float on the Alternative Investment Market.

As well as growing organically, the firm is in discussions with two takeover targets – one based in Scotland.

Chairman Christopher Ollerenshaw says Black & White&#39s long-term aim is to build up the business and then look for a prospective buyer.

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