Speciality Finance
OakNorth Bank completes £19M loan to investment firm, Sullivan Street Partners, to acquire Osborne Infrastructure in a complex carve-out
Osborne Infrastructure is a leading £210M revenue Tier 1 civil engineering and transport infrastructure business, with clients including: Network Rail, National Highways, Connect Plus and Transport for London; Sullivan Street Partners is a London-based, operationally intensive buyout firm with a focus on complex situations; Under the leadership of Managing Director John Dowsett, Osborne Infrastructure is […]
Speciality Finance
OakNorth Bank provides £5M working capital facility to Bristol-based, Lyons Davidson Solicitors, ahead of new personal injury reform coming into effect
Founded in 1972, Lyons Davidson is a large-scale provider of legal services to the end customers of some of the UK’s largest insurance operators; New government reform of personal injury claims comes in to effect at the end of this month which will likely lead to more consolidation in the market; The loan from OakNorth […]
Speciality Finance
OakNorth Bank completes £4m loan to Cheshire-based financial advisory firm, Cullen Wealth, to support a management buy-out
Founded in March 1998 by Richard Cullen, Cullen Wealth provides investments, pensions and tax planning services to both individuals and businesses; With over 3,000 clients and assets under management (AUM) exceeding £1bn, the firm is one of the largest independently-owned financial advisory firms in the UK; Cullen Wealth’s client investments continue to show resilient performance […]
Speciality Finance
OakNorth Bank completes additional £20m loan-on-loan facility to Hilltop Credit Partners
OakNorth Bank has increased its original £30m facility to £50m to Hilltop Credit Partners, the specialist funding partner for small and mid-sized UK residential property developers and housebuilders; The £50m loan-on-loan facility will be used to support Hilltop’s ongoing real estate development lending platform. OakNorth Bank – the UK bank powered by the OakNorth platform […]
Speciality Finance
OakNorth Bank completes £20m loan-on-loan facility to Ultimate Finance Group to support growth in bridging lending
Ultimate Finance Group, the specialist asset-based lender, is part of Tavistock Group, the private investment organization founded by Joe Lewis; Ultimate Finance Group has completed over £90m of bridging facilities since its inception in 2016, with a spread of clients across the UK; Since completing its first loan-on-loan facility in 2015 – a liquidity line […]
Speciality Finance
OakNorth Bank completes its first subscription facility to Bluegem Capital Partners, a private equity firm focused on European consumer-facing businesses
Key investors include Glendower Capital, Strategic Partners (Blackstone’s Secondaries Division), BMO Global Asset Management (BMO) and Bluegem GP; Founded in 2007 by Marco Capello and Emilio Di Spiezio, Bluegem Capital Partners is a London-based private equity firm focused on staple consumer brands; Since March, OakNorth Bank has approved over £650m in new loans to support a hotel […]