Speciality Finance
OakNorth provides £40m NAV facility to returning customer and closed-end investment company, Literacy Capital
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 […]
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
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 […]
Speciality Finance
OakNorth provides bespoke funding package to the UK’s leading premium nursery brand, Mamas & Papas, to support future growth
Founded in 1981 by David and Luisa Scacchetti, Mamas & Papas is a designer, wholesaler, and retailer of nursery and baby products; Headquartered in Huddersfield, West Yorkshire, the business is now the largest nursery brand in the UK, operating over 60 stores and concessions across the country; The business was acquired in 2014 by private […]