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 […]
Speciality Finance
OakNorth lends £11m to support Longacre Group’s investment in Veracity UK Limited, a leading supplier of technical connectivity products and software for the enterprise video surveillance market
Longacre Group is a long-term investment company, focused on the sustainable long-term development of niche, technical B2B companies in four core sectors; technical manufacturing, business services, speciality chemicals and healthcare; Founded in 2005 and based in Prestwick, Scotland, Veracity supplies a range of transmission, storage and display products for the global IP video surveillance market […]
Healthcare
OakNorth has provided facilities to MPS Care Group, to refinance and support its future growth across the the North West, North East and East Midlands
Founded in the 1980’s, MPS Care provides residential and nursing care for clients over the age of 18 years old; MPS Care owns and operates care homes – in the North West, North East and the East Midlands regions; The capital from OakNorth will refinance existing facilities and support future growth; According to research from […]
Speciality Finance
Ayrshire-based debt recovery firm, BPO Collections, to acquire CCS Collect following £3.3m loan from OakNorth
Founded by Graham Rankin in 2006, BPO Collections is a leading debt recovery and collection business and is a wholly owned subsidiary of Canadian-based, Everyday People Financial Corp; Headquartered in Ayrshire in South West Scotland, the BPO Collections’ clients include several blue-chip companies, such as Vodafone and Sky, as well as HMRC; The £3.3m loan […]
Speciality Finance
OakNorth participates in £150m club loan to Aberdeen-based clean energy group, D2Zero, to support future growth and acquisitions
The company was formed in November last year when its backers, SCF Partners, put five firms in its portfolio under one umbrella; Headquartered in Aberdeen, the group’s annual group revenues have surpassed £500m, with clients including blue-chip brands such as: BP, Shell, BAE Systems and M&S; The business is at the forefront of the energy […]
Speciality Finance
Realise secures funding to deliver expansion strategy
Realise, one of the UK’s leading training providers, has reinforced its strategy for future expansion through acquisition by entering a partnership with a leading digital bank which specialises in helping organisations grow. Supporting more than 16,500 learners a year across the UK through apprenticeships and adult education programmes, Realise has enjoyed a period of major […]