Childcare & Education
Phoenix Learning and Care set for future growth following £20m bespoke loan from OakNorth Bank
Phoenix Learning and Care Group is a leading provider of specialist education and residential care for children and young adults with a range of additional needs; Established in 2006 and now employing over 500 people, the business operates 41 sites including residential children’s homes, specialist education schools & colleges and ongoing adult care across the […]
Childcare & Education
OakNorth Bank provides growth capital to Innervation Capital-backed, Melrose Education, to support SEN acquisition programme
Founded in 2021 by sector-focused and theme-driven investor, Innervation Capital Partners (ICP), Melrose Education acquires high-quality Special Education Needs (SEN) schools across England; Led by the previous CEO of ICP Education, Tracey Storey, Melrose Education’s current portfolio consists of six SEN schools, which provide over 330 places to pupils; The bespoke loan from OakNorth Bank […]
Childcare & Education
OakNorth Bank provides £3m loan to LDC-backed e-learning software company, Omniplex Learning, to support working capital and future growth
Omniplex Learning empowers organisations worldwide to design, create and deliver effective and engaging eLearning; The business secured investment from LDC, the mid-market private equity house in December 2020 and is growing at over 60% year-on-year; The capital from OakNorth Bank will be used to support Omniplex Learning’s working capital along with investment in a new […]
Childcare & Education
OakNorth Bank provides loan to Strawberry Fields Nursery and Preschool to pursue “buy and build” strategy of nurseries with swimming academies
Based in Chorley, Strawberry Fields is a newly developed purpose-built full-day nursery in Chorley, Lancashire, with capacity for 110 kids, a café, and a swimming academy; The swimming academy provides Strawberry Fields with a differentiated offering in the market and an additional revenue stream outside of nursery hours; Despite only being open for a few […]
Childcare & Education
Innervation Capital-backed, Melrose Education, secures growth capital from OakNorth Bank to pursue “buy and build” of Special Educational Needs schools
Melrose Education has secured a loan from OakNorth Bank to pursue a targeted “buy and build” of high-quality Special Education Needs (“SEN”) schools; This is the third time OakNorth Bank has supported Innervation Capital. OakNorth Bank previously backed ICP Nurseries (a nurseries “buy and build” group focused on the London and South East region) in […]
Childcare & Education
OakNorth Bank to advance the £5m required to complete Side by Side’s new school building
Side by Side is a special needs school and integrated nursery catering to children between the ages of two and 19; In addition to the school and nursery, Side by Side also offers therapy sessions, an afterschool club, extra-curricular activities, and Kodesh (Jewish Studies); The development bridge from OakNorth Bank will be used to assist […]