The OakNorth newsroom

Stay in the know about our latest partnerships, customer success stories and all other things OakNorth.

For press enquiries, get in touch at [email protected]

OakNorth provides funding to support Storal’s acquisition of Children 1st Day Nurseries

Tuesday November 12th, 2024

Storal is one of the highest-quality nursery operators in the UK, currently operating 30 nurseries and two out-of-school clubs; The investment will part fund the acquisition of Children 1st Day Nurseries which has a portfolio of 23 nurseries across the Midlands and South Yorkshire.  OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has extended further debt facilities […]

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OakNorth provides £3m revolving credit facility to DSW Capital to support its acquisition of DR Solicitors, the leading law firm for healthcare professionals

Monday November 11th, 2024

Established in 2002 by three KPMG alumni, DSW is one of the first platform models disrupting the traditional model of accounting professional services firms; The capital from OakNorth will support its acquisition of DR Solicitors, the award winning, specialist law firm for medical professionals; The acquisition will be immediately and significantly earnings enhancing for DSW […]

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OakNorth completes £1.47m loan for development of a Starbucks drive-thru and two EV charging points in established Greater Manchester retail park

Thursday November 7th, 2024

The borrowing entity, Fairmilehead Ltd, is owned and led by Dallas Rhodes, who has over 30 years’ experience in the property industry, across retail, office, and residential; The site, Parsonage Way, is an established retail park in Leigh, Greater Manchester with neighbouring retailers including Greggs, Halfords, Costa, Sainsburys, TK Maxx and KFC; Starbucks has a […]

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ECI Partners acquires majority stake in digital marketing agency, Croud, to accelerate growth, following £77.6m club loan from OakNorth

Monday November 4th, 2024

Launched in 2011, Croud is a global, full-service digital agency with offices in the UK, US and Middle East; The business has worked with household brands including: International Workplace Group (IWG), Selfridges, Amazon’s Audible and Prime Video, and Nespresso; The transaction follows OakNorth’s initial £34m club loan to Croud in May this year to support […]

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Self-storage provider, STOREX, to expand portfolio across Greater London, following £30.2m loan from OakNorth

Monday October 21st, 2024

Created by global investment manager, EQT Exeter, STOREX provides premium sustainable self-storage sites across Greater London; The £30.2m loan from OakNorth will be used to develop and operate two new self-storage sites in Sunbury, Surrey and Cricklewood, London Borough of Brent; Demand for self-storage units is rising with operator revenues rising 6.5% to £990m, as […]

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OakNorth backs new joint venture between Dukesmead Property Group, Kyte Property and Grosvenor Hill, with £2.25m loan to fund maiden supported living scheme

Tuesday October 8th, 2024

Founded in 2019, Dukesmead Property Group specialises in acquiring sites to develop state-of-the-art care homes, senior living and assisted living units; Kyte Property is a London based property development company that specialises in creating unique boutique living spaces; Managed by Abel Leaman and Dion Michael, Grosvenor Hill is a real estate investment and development group […]

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For press enquiries, get in touch at [email protected]

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