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 […]
Speciality Finance
OakNorth Bank completes £14.3M transaction with Cairngorm Capital-backed manufacturer, Sentry Doors, to support future growth
Sentry Doors is a specialist manufacturer of timber fire and security door-sets for the social housing, public sector, commercial and residential markets; In August, Sentry Doors announced the acquisition of E. & S. W. Knowles & Company, creating the UK’s leader in timber fire safety and security doorsets; The business is backed by Cairngorm Capital, […]
Speciality Finance
OakNorth Bank completes £6.5M funding to Manchester-based consumer debt advice provider, MoneyPlus, to support future growth amidst cost-of-living crisis
Founded in 2010, MoneyPlus provides debt advice to individuals struggling with their finances, as well as legal services, to help people live better lives; Headquartered in Manchester, the business is now one of the UK’s largest providers of private debt advice and planning, representing tens of thousands of people each year; The capital from OakNorth […]
Corporate
OakNorth Bank acquires stake in ASK Partners to deepen its support for UK housebuilders and property entrepreneurs
LONDON, 11 October 2022: OakNorth Bank – the UK bank for entrepreneurs by entrepreneurs –and ASK Partners (“ASK”), a specialist lender which has enabled over £1BN of lending through its fintech platform where institutional partners, family offices and high net worth individuals provide funding – have today announced a corporate transaction with regulatory approval whereby OakNorth […]
Speciality Finance
OakNorth Bank completes transaction with Nottinghamshire-based plumbing, heating and electrical services contractor following a management buyout
The loan is to FDBC Holdings, part of Neil Shacklocks, and will support the business’ future growth plans, following a management buy-out in June 2020; Neil Shacklocks undertakes plumbing, heating and electrical installations throughout the East Midlands and South Yorkshire; Servicing residential new build developments, social housing refurbishments and commercial projects, the business has built […]
Speciality Finance
OakNorth Bank completes £2.1M loan to West Yorkshire-based family-run, textile business, Europa Wools, to support a management buy-out
Europa Wools is a major player in the global textile industry, specialising in wool from New Zealand, Australia and Britain; The firm supplies over one million kilograms of textile raw materials to the international wool trade annually – making it one of the industry’s leading UK wholesalers; The capital from OakNorth Bank will allow Richard […]