Speciality Finance

Speciality Finance

OakNorth continues building its fund finance capabilities with subscription line to leading private equity firm, Palamon Capital Partners

Monday June 17th, 2024

Founded in 1999, Palamon Capital Partners (“Palamon”) is an independent private equity partnership, focused on investing in European mid-cap growth companies; The firm has made 44 investments across 12 countries over the last 25 years, with a focus on four key sectors: financial services, business services, consumer and healthcare Palamon has invested more than €2.5bn […]

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Speciality Finance

OakNorth completes £34m club loan to LDC-backed leading digital marketing agency, Croud, to support future acquisitions

Thursday May 2nd, 2024

Launched in 2011, Croud is a global, full-service digital agency with offices in the UK, US and Middle East; The business has worked with household brands including: International Workplace Group (IWG), Selfridges, Amazon’s Audible and Prime Video, and Nespresso; In 2019, it secured a minority investment from mid-market private equity house, LDC, to further accelerate […]

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Hospitality

OakNorth completes £232m club loan to family-run business, Splendid Hospitality Group, to support future capex works

Tuesday March 5th, 2024

Splendid Hospitality Group is one of the UK’s fastest growing privately owned hotel groups; Founded over 30 years ago, the Group has designed, built, and operates a portfolio of 24 properties, from independent hotels to major brands including IHG, Marriott, Accor, and Hilton; The club loan will support future capex works, including the extension of […]

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Speciality Finance

OakNorth completes £2.5m loan to SES, a leading manufacturing business, to support the creation of its employee ownership trust

Thursday February 15th, 2024

Founded in 1994, SES provides power distribution products for the entertainment industry, with customers including Universal Studios, Sky, Warner Bros, and Aggreko; It’s also supported severable notable productions including: Coldplay Music of Spheres tour, Ed Sheeran Mathematics Tour, The last five Bond Movies, Dunkirk, and Mission Impossible, as well as theatrical productions: Mamma Mia, Harry Potter & […]

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Real Estate

OakNorth Bank completes tailored loan facility to MRW Group to support its IFA buy-and-build strategy, with three initial acquisitions

Tuesday October 17th, 2023

Emet Financial Services (Emet), Merlin Wealth Planning (Merlin) and Mayfayre Financial Services (Mayfayre) will merge under MRW Group; The Group provides independent financial advice to over 1,500 clients, with over £150 million assets under management; The loan facility will be used to support the Group’s ambitious buy-and-build strategy, including further acquisitions expected this year. OakNorth, the […]

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Real Estate

OakNorth Bank completes £45m capital call facility for private equity real estate investor, Paloma Capital

Monday September 18th, 2023

Founded in 2015 by Joe Froud and Jack Pitman, Paloma Capital is a leading entrepreneurial private equity real estate investor; The firm has raised a total of c.£440m of wholly discretionary capital in three value-add funds since 2015, mainly from institutional investors in the UK, Europe and the Middle East; It has raised £120m out […]

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