Hospitality
OakNorth backs McWin and TriSpan’s growth plans for Flat Iron with senior debt facility to support expansion
Founded in 2012, Flat Iron has built a loyal customer base and a strong reputation for its high-quality, affordable steak offering; The business currently operates 18 sites across London, Manchester, Leeds and Cambridge; Backed by McWin and TriSpan, Flat Iron plans to continue its successful store roll-out; Both McWin and Trispan also support other OakNorth […]
Hospitality
OakNorth provides bespoke loan to LDC-backed Bespoke Kitchen Foods to support future organic and acquisitive growth
Founded in 2008, Bespoke Kitchen Foods (BKF) is a leading provider of innovative vegetarian and vegan products for the pub and casual dining market; Based in Coalville, Leicestershire, BKF supplies premium products to the UK’s leading branded pub and restaurant chains and food wholesalers; The firm is backed by LDC, a leading private equity investor […]
Hospitality
Ancoats Manchester secures £15.7m from OakNorth to deliver new Hilton Motto Hotel in Manchester
Ancoats Manchester has secured a £15.7m development and trading facility from OakNorth to deliver a 154-key Motto by Hilton hotel in Manchester city centre; The hotel will be one of the first Motto-branded properties in the UK, targeting modern, urban travellers with flexible room formats and a tech-enabled guest experience; The project is backed by […]
Hospitality
OakNorth participates in club loan to Fortress and Lion Capital to support acquisition of Loungers, which plans to roll out 30 new sites a year
OakNorth – the leading bank for entrepreneurs, by entrepreneurs – has participated in a club loan to support Lion Capital and Fortress Investment Group’s Public to Private acquisition of Loungers, one of the UK’s fastest-growing all-day café-bar operators.
Hospitality
OakNorth has provided a £6.4m loan to pioneering hospitality business, Rocket Leisure, to support its future expansion
• Founded in 2010 by brothers, Russell and Howard Taylor, and their business partner, Tom Jackman, the business has since grown to four sites across London; • Across all four venues, they put on over 1,000 gigs a year, attracting over 6,000 customers each week; • The capital from OakNorth will enable the business to […]
Hospitality
OakNorth completes £1.47m loan for development of a Starbucks drive-thru and two EV charging points in established Greater Manchester retail park
The borrowing entity, Fairmilehead Ltd, is owned and led by Dallas Rhodes, who has over 30 years’ experience in the property industry, across retail, office, and residential; The site, Parsonage Way, is an established retail park in Leigh, Greater Manchester with neighbouring retailers including Greggs, Halfords, Costa, Sainsburys, TK Maxx and KFC; Starbucks has a […]