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 Hilltopβs ongoing real estate development lending platform. OakNorth Bank β the UK bank powered by the OakNorth platform […]
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 β a liquidity line […]
OakNorth Bank has supported FORE Partnershipβs buy-out of Edmond de Rothschild Real Estate Investment Managementβs 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 […]
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 […]
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 βVirgin Fast Track 100β and the London Stock Exchangeβs β1000 Companies to Inspire Britainβ, Aptus […]
Founded in 1977 and based in Staffordshire, the family business has grown into one of the UKβs 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 […]