Hospitality
The UK’s leading food hall operator, Market Halls, to acquire further sites across the UK, following £11m backing from OakNorth
Founded by Andy Lewis-Pratt in 2017, Market Halls brings together some of the UK’s most exciting independent food traders under one roof in high-footfall city locations; The business currently operates several flagship London venues, including Victoria, Paddington, Oxford Street, and Canary Wharf, offering over 20 individual kitchens; The £11m loan from OakNorth will support the […]
Hospitality
Leading hotel family business, JMK Group, completes £48m double loan from OakNorth and REL Finance
JMK Group is a family-run, privately owned hospitality business founded in 2009, which started as a small boutique hotel in Kensington; Since then, the Group’s portfolio has grown to include hotels, properties, and cafes across London and Ireland; The double loan from OakNorth and REL Finance has been utilised to acquire an office building in […]
Hospitality
OakNorth provides £10m loan to Longshot’s latest venture backed by Joel Cadbury to support its latest hospitality project, Mad Swans
Mad Swans reimagines underperforming golf clubs as activity-led leisure destinations with sport, wellness, and hospitality at their core; Its two flagship sites include a 12-hole golf, eco-cabins, padel, pickleball, driving ranges, and destination dining; This marks OakNorth’s third transaction with Joel Cadbury & Ollie Vigors, following previous support for Bel & The Dragon and Beaverbrook. […]
Hospitality
Total Fitness, the leading mid-market health club brand, to launch new growth initiatives, following £15m loan from OakNorth
Founded in 1993 and headquartered in Wilmslow, Cheshire, Total Fitness has over 100,000 members and operates 19 sites across the North of England and Wales; With a dedicated team of over 700 professionals, the business was backed by private equity firm, NorthEdge Capital, in 2015; The £15m loan from OakNorth will support the development of […]
Hospitality
OakNorth provides £5m Revolving Credit Facility (RCF) to support TeamSport Indoor Karting’s investment in new sites over the next three years
TeamSport currently operates 43 sites across the UK and Europe, with plans for nine new sites by 2028; It is backed by Duke Street Capital which acquired the business in November 2017 when it had 20 sites; The business leads on sustainability, and is committed to continued electrification of tracks; The transaction marks OakNorth’s continued […]