Speciality Finance

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

Wednesday December 4th, 2024

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 […]

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Speciality Finance

Ayrshire-based debt recovery firm, BPO Collections, to acquire CCS Collect following £3.3m loan from OakNorth

Wednesday November 27th, 2024

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 […]

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Speciality Finance

OakNorth participates in £150m club loan to Aberdeen-based clean energy group, D2Zero, to support future growth and acquisitions

Tuesday November 26th, 2024

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 […]

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Speciality Finance

Realise secures funding to deliver expansion strategy

Monday November 18th, 2024

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 […]

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Speciality Finance

OakNorth provides £40m NAV facility to returning customer and closed-end investment company, Literacy Capital

Wednesday September 25th, 2024

Founded in 2017 by Paul and Richard Pindar, Literacy Capital is a closed-end investment company focused on investing in and supporting growing UK businesses; The firm listed on the London Stock Exchange’s Main Market in June 2021, before gaining Investment Trust status on 1 April 2022; The £40m NAV facility will refinance existing debt, as […]

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Speciality Finance

OakNorth completes £2m working capital facility to Spy Alarms, a private-equity backed installer of security systems, to support its continued buy-and-build strategy

Thursday September 19th, 2024

Founded in 1985, Spy Alarms received private equity backing from Phoenix Equity Partners in 2020; With more than 75,000 customers – both domestic and commercial – Spy Alarms is one of the largest privately owned installers of security systems in the South East; In addition to organic growth, Spy Alarms has also grown through making […]

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