Speciality Finance
OakNorth Bank completes seven-figure debt finance deal with Dow Schofield Watts to support strategic investment in Camlee Group
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 […]
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
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 […]
Speciality Finance
OakNorth Bank completes £8m transaction to support a share repurchase for Security Plus, Europe’s largest independent volume cash carrier
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 […]
Speciality Finance
OakNorth Bank completes £10.5m transaction with RM Secured Direct Lending PLC – the London Stock Exchange-listed investment trust
OakNorth Bank has provided a bespoke £10.5m liquidity facility to RM Secured Direct Lending PLC (“RMDL”); The loan will enable RMDL to finance its pipeline of investment opportunities and grow its portfolio; OakNorth Bank has partnered with RMDL on several transactions in the past, so this facility will help further develop the relationship. OakNorth […]
Speciality Finance
OakNorth Bank completes £4.6m loan to support Literacy Capital’s investment in leading aluminium fabricator, AluFold Direct
Founded in 2017 by Paul and Richard Pindar, Literacy Capital is a closed-end investment company focused on investing in and supporting growing UK businesses; Using the finance from OakNorth Bank, Literacy Capital has invested in AluFold Direct, a leading fabricator of premium aluminium residential and commercial building products including bi-fold and sliding doors, windows and […]
Speciality Finance
OakNorth Bank completes loan to Oncore IT, a leading managed service and cloud platform provider, for the acquisition of Fuse Technologies
Founded in 2004, Oncore IT specialises in the delivery of business critical systems and IT infrastructures from secure, resilient data centres in London and Amsterdam; The finance has been used for the acquisition of Fuse Technologies, a London based provider of unified communications tools; The acquisition sees Oncore IT manage the support of Fuse Technologies’ […]