Real Estate
OakNorth Bank provides £4.7m loan to newly launched and private equity-backed SME housebuilder, honey, for its maiden residential scheme
Founded in October 2022 by former Avant Homes CEO, Mark Mitchell, honey builds homes which combine style, substance and sustainability; Located in its newly opened Sheffield city-centre HQ, honey has initially agreed to acquire two new developments in South Yorkshire and Derbyshire, set to deliver over 141 homes; The recently launched SME housebuilder is backed […]
Real Estate
OakNorth Bank and ASK co-lend £41.5m to support Tailored Living Solutions’ Great Suffolk Yard Grade A office development in Southwark, London
Founded in 2012, Tailored Living Solutions specialise in creating bespoke new-build homes and commercial, co-working spaces across London; Located in London’s popular Borough area, Great Suffolk Yard offers c.65,000 sq. ft of BREEAM excellent, new office space across six floors, as well as a private courtyard and four roof terraces; The site is only a five-minute walk […]
Hospitality
OakNorth has supported TriSpan’s investment in leading Indian casual dining group, Mowgli Street Food
Launched in 2014 in Liverpool by chef, CEO, and food writer, Nisha Katona MBE, Mowgli Street Food specialises in dishes that Indians would eat at home and on their streets; In July 2017, the business secured investment from Foresight Group, the sustainability-led alternative assets and SME investment manager; The business currently has 15 sites in […]
Other sectors
OakNorth completes first ever Employee Ownership Trust transaction with loan to Manchester-based Crookes Walker Consulting
Crookes Walker Consulting provides engineering consulting services across several industries, including: residential, commercial, hospitality, education, and infrastructure; The capital from OakNorth Bank will support the creation of an Employee Ownership Trust – the first transaction of this kind the bank has done since its launch in September 2015; The founders, Paul Crookes and Dave Walker, […]
Speciality Finance
OakNorth Bank completes loan to leading accountancy firm, Cottons, to support future acquisitions and growth
Headquartered in Northampton, Cottons Group (Cottons), provides both individuals and businesses with expert business, taxation and accountancy guidance; Established in 1983, Cottons has since scaled to over 100 employees across six UK offices, and has built-up a diverse client base of c.10,000 customers; The loan from OakNorth Bank will accelerate the firm’s acquisition programme, as […]
Speciality Finance
OakNorth Bank completes loan to mid-market private equity firm, Rubicon Partners, to acquire Yorkshire-based manufacturer, CMD Limited
Established in 1993, Rubicon Partners is a London based investment partnership focused on the acquisition of complex industrial businesses; Combined with its own equity finance, it will use the debt capital from OakNorth Bank to acquire CMD Limited, a business it had previously invested in during 2001-2008; Founded in Rotherham in 1984, CMD Limited is […]