Hospitality
OakNorth participates in club loan to Fortress and Lion Capital to support acquisition of Loungers, which plans to roll out 30 new sites a year
OakNorth – the leading bank for entrepreneurs, by entrepreneurs – has participated in a club loan to support Lion Capital and Fortress Investment Group’s Public to Private acquisition of Loungers, one of the UK’s fastest-growing all-day café-bar operators.
Hospitality
Leading hotel family business, JMK Group, to acquire City of London site following £16.6m co-loan from OakNorth and REL Finance
JMK Group is a family-run, privately owned hospitality business founded in 2009, which started as a small boutique hotel in Kensington; Since then, the Group’s portfolio has grown to include hotels, properties, and cafes across London and Ireland; The co-loan from OakNorth and REL Finance will be used to acquire an office and convert it […]