Speciality Finance
UK private equity fund, Hypha, to acquire leading EdTech provider, Pass, following £5m loan from OakNorth
Founded by Chris Wardle, Matthew Evans-Young and Matt Pomroy, Hypha is a UK private equity firm, investing in growth-oriented businesses in the technology, healthcare and advanced manufacturing sectors; Launched in 2016, Pass offers an AI-powered learning and teaching platform for educators looking to improve maths and English outcomes; Headquartered in Harrogate, North Yorkshire, Pass’ clients […]
Healthcare
OakNorth and Bravo Property Trust provide $42m loan to support two Class A, assisted living facilities in Michigan and Virginia
Bravo Property Trust is a leading, privately held financing platform with a national footprint, which, along with its affiliates, has closed over $2bn in financing to date; The $42m loan will be used to refinance existing debt and support financing costs of two Class A, assisted living facilities in Taylor, Michigan and Chesapeake, Virginia; The […]
Hospitality
OakNorth provides £10m loan to Longshot’s latest venture backed by Joel Cadbury to support its latest hospitality project, Mad Swans
Mad Swans reimagines underperforming golf clubs as activity-led leisure destinations with sport, wellness, and hospitality at their core; Its two flagship sites include a 12-hole golf, eco-cabins, padel, pickleball, driving ranges, and destination dining; This marks OakNorth’s third transaction with Joel Cadbury & Ollie Vigors, following previous support for Bel & The Dragon and Beaverbrook. […]
Real Estate
Oak Funding originates $78 million co-loan with OakNorth to support Bushburg’s acquisition and conversion of 100 William Street
Bushburg is a vertically integrated real estate investment, development and management firm investing in transformative and opportunistic projects; With approximately $4.0 billion of assets under management (AUM), the firm focuses on unlocking long-term value by transforming underutilised assets and repositioning them for their highest and best use in today’s market; The $78m co-loan was used […]
Healthcare
OakNorth provides £8.3m loan for major development of Dargavel Village retirement apartments in Renfrewshire, Scotland
OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a £8.3m loan to Chrysalis Homes Limited for a major new retirement development in Renfrewshire, Scotland.
Speciality Finance
OakNorth provides £25m loan to renewable energy company, EAG Bioenergy, to accelerate bioenergy asset acquisition strategy
Founded in 2019, EAG Bioenergy is a renewable energy company, specialising in acquiring, operating and developing bioenergy assets across the UK and Ireland; The company is backed by Vesper Infrastructure Partners and OrbeNovo Capital; The £25m loan from OakNorth will support the scaling of EAG Bioenergy’s portfolio of bioenergy assets across the UK and Ireland […]