Acorn Mortgages and financial services firm Structura have announced their intention to merge on 1 November, subject to regulatory approval.
The merged entity will trade as Structura and offer global financing solutions spanning every asset class, with a focus on real estate, aviation, marine, high-value and classic cars and business finance.
It will remain an independent broker and private lending business in the Jersey market.
The Acorn Finance side of the Acorn Group will continue to trade as a separate company and to assist in the development of Structura.