Healthcare
Award-winning care provider, Lovett Care, to acquire 84-bed purpose-built care home in Lancashire, following loan from OakNorth
Founded in 2009, Lovett Care specialises in offering residential, nursing and dementia care across England and Wales; The Group’s current portfolio now consists of 28 homes across the UK, offering over 1,800 beds; The bespoke loan from OakNorth will support Lovett Care’s acquisition of Belvedere Manor, an 84-bed purpose-built care home in Colne, Lancashire; Those […]
Healthcare
OakNorth completes £31m back leverage loan-on-loan facility with Broadwood Capital managed fund
The £31m facility is to the Broadwood Later Living Sustainable Construction Finance Fund (“Broadwood LLSCF Fund”) and will support the development of three new care homes in London, Staffordshire and Lancashire; The three care homes will deliver a combined 250 new care home beds into a market experiencing a chronic under supply; OakNorth has been a […]
Healthcare
UK Addiction Treatment Centres to acquire private residential rehab centre, Providence Projects, following financing from OakNorth
Founded in 2012 by Daniel Gerrard, UK Addiction Treatment Centres (UKAT) is a leading addiction treatment provider in the UK, with eight clinics offering over 200 beds; The firm was acquired by UK-based private equity firm specialising in mid-market control buyouts, Sullivan Street Partners, in September 2024 to help expand its service offerings; The loan […]
Healthcare
OakNorth lends $20m to joint venture between Sabal Investment Holdings and 12 North Capital to support their acquisition of three purpose-built Class A memory care facilities
Founded in 2009, Sabal Investment Holdings is a real estate investment manager headquartered in Irvine, California and serving institutional investors across the U.S.; Headquartered in Los Angeles, 12 North Capital is a premier senior housing investment firm, dedicated to creating supportive communities for aging populations; The $20m loan will fund the acquisition of a non-performing […]
Healthcare
OakNorth provides £5m loan to leading UK and US medical communications consultancy, SCIRIS, to support future growth
OakNorth has provided a £5m financing facility to SCIRIS Group, a London-headquartered medical communications and market access platform backed by Waterland Private Equity.
Healthcare
OakNorth supports pioneering health company, Inuvi, with £16m loan to drive future growth and acquisitions
Founded by Jonathan Benton in 2015, Inuvi is a diversified health services business providing a broad range of health services including, health assessments, phlebotomy, laboratory testing, and community diagnostic services; Inuvi has made several strategic acquisitions over the years, including Express Diagnostics, Medicals Direct and Physiological Measurements; The capital from OakNorth as well as its […]