- OUTCO is the UK’s leading outdoor estate management company dedicated to keeping outdoor spaces safe, operational, and looking their best;
- The funding will support, cash-flow, service line expansion and a strong M&A program to create a comprehensive platform of scale;
- OUTCO is positioned to become the go-to provider in the outdoor facilities management sector;
- Protect – Maintain – Improve – www.outco.co.uk
Tuesday 14th October, London, UK: OakNorth – the digital bank for entrepreneurs, by entrepreneurs – has provided a flexible revolving credit facility to OUTCO, a tech-enabled provider of outdoor estate maintenance services, following the business’s strategic investment by Perwyn, a leading European private equity firm.
With over 20 years of experience, OUTCO provides a smarter, more efficient way for customers to maintain and manage outdoor assets. Its unique, fully integrated service brings together multiple solutions including asset and environmental maintenance, grounds care, fencing, access control, and winter gritting to ensure comprehensive estate safety, compliance, and commercial efficiency.
OUTCO delivers a complete service offering across grounds, surfacing, winter, and infrastructure. From gritting and snow clearance to pothole repairs, line marking, and vegetation management, the company ensures the safety, compliance, and performance of clients’ outdoor estates, day in and day out.
Positioned as a leader in outdoor facilities management, OUTCO leverages a unified, data-driven model to enhance asset lifecycle management, strengthen compliance, and simplify operational complexity — delivering real value to clients nationwide.
Serving over 700 clients across sectors such as retail, logistics, healthcare, education, and critical infrastructure, OUTCO provides tailored solutions that ensure year-round site safety, operational continuity, and regulatory compliance.
Jason Petsch, CEO of OUTCO, commented: We are excited to work with OakNorth – their funding will support our day-to-day cashflow and allow us to focus on our plans for consolidated service line expansion to position OUTCO as the go-to provider in the outdoor facilities management sector. By offering a unified, data-driven service model, OUTCO will continue to enhance asset lifecycle management, improve compliance, and reduce maintenance complexity, delivering real value to clients across the UK. Having OakNorth in our corner as a funding partner is a testament to the strength of our business and future growth ambitions.”
Stuart Blair, Senior Director of Debt Finance at OakNorth, continued: “OUTCO is exactly the kind of business we love to support – mission-critical, tech-enabled, and built on long-standing customer trust. The business benefits from a 90%+ customer retention rate and we’re confident OUTCO will continue to scale its multi-service platform across the UK, and deliver further earnings expansion through a strong M&A program. We’re delighted to play a role in this next chapter.”
ENDS
Notes to editors
About OakNorth
Launched in September 2015 and founded by entrepreneurs, OakNorth is a digital bank focused on serving and empowering the lower mid-market (businesses with £1m-£100m in turnover), that are seeking to scale but are routinely underserved or overlooked by traditional banks.
To date, it has provided $18bn to these businesses across a wide range of sectors, achieving performance metrics that place it amongst the top 1% of commercial banks globally. Its loans have directly contributed to the creation of 58,000 jobs, and over 36,000 new homes across the UK and the US – the majority of which are affordable and social housing.
It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Visit www.oaknorth.co.uk for more information.
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