Speciality Finance

OakNorth Bank has provided a bespoke £10.5m liquidity facility to RM Secured Direct Lending PLC (“RMDL”); The loan will enable RMDL to finance its pipeline of investment opportunities and grow its portfolio; OakNorth Bank has partnered with RMDL on several transactions in the past, so this facility will help further develop the relationship.   OakNorth […]

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; Using the finance from OakNorth Bank, Literacy Capital has invested in AluFold Direct, a leading fabricator of premium aluminium residential and commercial building products including bi-fold and sliding doors, windows and […]

Founded in 2004, Oncore IT specialises in the delivery of business critical systems and IT infrastructures from secure, resilient data centres in London and Amsterdam; The finance has been used for the acquisition of Fuse Technologies, a London based provider of unified communications tools; The acquisition sees Oncore IT manage the support of Fuse Technologies’ […]

Founded in 1994, Growell Hydroponics & Plant Lighting Ltd (GroWell) is the UK’s leading retailers of hydroponic equipment and consumables; Hydroponics is a method of growing plants without the use of soil, providing artificial lights and roots submerged in a nutrient-rich solution, which enables the cultivation of plants not dependent on local climate; In the […]

OakNorth has provided a £25m facility to ICG-Longbow Senior Secured UK Property Debt Investments Limited (LBOW) – the London Stock Exchange-listed fund specialising in first mortgage property investment loans secured against UK commercial real estate; LBOW has a market capitalisation in excess of £125m. LBOW’s Investment Adviser, ICG-Longbow, is the real estate division of Intermediate […]

With Baird’s support, Collingwood Lighting hopes to expand its international footprint and increase its market penetration in Europe; This is one several deals OakNorth has done with private equity firms this year, including with Lonsdale Capital to acquire Simmons Bars, and Literacy Capital to purchase a significant minority stake in Dartmouth Partners.   OakNorth – […]