Speciality Finance

Speciality Finance

OakNorth Bank completes £4m loan to Cheshire-based financial advisory firm, Cullen Wealth, to support a management buy-out

Monday March 15th, 2021

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 […]

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Speciality Finance

OakNorth Bank completes additional £20m loan-on-loan facility to Hilltop Credit Partners

Monday September 7th, 2020

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 […]

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Speciality Finance

OakNorth Bank completes £20m loan-on-loan facility to Ultimate Finance Group to support growth in bridging lending

Monday August 24th, 2020

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 […]

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Speciality Finance

OakNorth Bank completes its first ever fund buy-out deal to FORE Partnership to support the buy-out of a minority shareholder

Thursday April 30th, 2020

OakNorth Bank has supported FORE Partnership’s buy-out of Edmond de Rothschild Real Estate Investment Management’s 32% minority interest in the business; The buy-out provides FORE with increased independence and agility to navigate the current uncertain market conditions, and to pursue its signature approach to real estate investment; This transaction is the first fund buy-out OakNorth […]

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Speciality Finance

OakNorth Bank completes seven-figure debt finance deal with Dow Schofield Watts to support strategic investment in Camlee Group

Wednesday February 12th, 2020

Independent advisory firm, Dow Schofield Watts, has made a strategic investment in Camlee Group, the Manchester-based corporate finance boutique which is a leading provider of business sales advice to SMEs; The deal was supported by a seven-figure debt facility from OakNorth Bank; Camlee will continue servicing the SME market under its existing brand, while co-operating […]

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Speciality Finance

OakNorth Bank provides funding to facilitate equity deal for Bolton-based Aptus Utilities – one of the UK’s leading providers of multi-utility services

Monday December 9th, 2019

Bolton-based Aptus Utilities provides a multi utility solution that streamlines and expedites building processes for construction companies throughout the UK; The company has also seen Private Equity Firm, WestBridge invest £12.8m into the deal; Previously named in The Sunday Times ‘Virgin Fast Track 100’ and the London Stock Exchange’s ‘1000 Companies to Inspire Britain’, Aptus […]

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