Speciality Finance

Speciality Finance

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

Monday September 7th, 2020

OakNorth Bank has increased its original Β£30m facility to Β£50m to Hilltop Credit Partners, the specialist funding partner for small and mid-sized UK residential property developers and housebuilders; The Β£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 Β£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 Β£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 Β£12.8m into the deal; Previously named in The Sunday Times β€˜Virgin Fast Track 100’ and the London Stock Exchange’s β€˜1000 Companies to Inspire Britain’, Aptus […]

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Speciality Finance

OakNorth Bank completes Β£8m transaction to support a share repurchase for Security Plus, Europe’s largest independent volume cash carrier

Thursday December 5th, 2019

Founded in 1977 and based in Staffordshire, the family business has grown into one of the UK’s leading cash collection, cash processing and manned guarding services provider; The finance will be used to fund a share repurchase positioning the business well for future growth; OakNorth Bank was introduced to management by Julian Coy at KBS […]

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