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Private equity-backed, creative cocktail bar and restaurant group, The Alchemist, to open new sites following £15m loan from OakNorth
Founded in 2010, The Alchemist operates 23 sites across the UK and opened its first international site in Berlin last year; The group is backed by private equity firm, Palatine, which focusses on investing in mid-market businesses through its Buyout and Impact Funds; The business hopes to open 10 new sites over the next three […]
OakNorth completes £52m loan to Beaverbrook, the quintessentially English country house estate nestled in the heart of the Surrey Hills
Spread over 475 acres, Beaverbrook is consistently ranked as one of the UK’s best hotels; The capital from OakNorth will help refinance existing facilities and fund future growth. 18 January, 2024; London, UK: OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a £52m loan to Beaverbrook, the award-wining and quintessentially English country house […]
Award-winning care provider, Lovett Care, to develop major new purpose-built site in Manchester, following loan from OakNorth
Founded in 2009, Lovett Care provides high quality residential, dementia and nursing care in the North West and Wales; The Group’s current portfolio consists of over 500 beds, with the past three years having seen the business grow to nine homes; The bespoke loan from OakNorth will support Lovett Care’s latest purpose-built care home, situated […]
OakNorth welcomes Lord Adair Turner as its new Chairman
The appointment will strengthen its ambitious growth plans through Lord Turner’s extensive experience and expertise across financial regulation, banking, and climate change. LONDON, 27 December 2023: OakNorth – the neobank for entrepreneurs by entrepreneurs, today announces the further strengthening of its board with the appointment of Lord (Adair) Turner, as its Chairman. Lord Turner has […]
OakNorth lends £29m to joint venture between ALMCOR and Cerberus to support their acquisition of two UK sites
Following its launch in 2022, the joint venture has €500m of allocated capital to deploy in target markets across the UK and Europe; The loan from OakNorth will support the acquisition of two UK sites in Lancashire and Leicestershire; The acquisitions will be part of the joint venture’s European Industrial Outdoor Storage (EIOS) platform. OakNorth, the […]
Mayfair Group Investment to develop new state of the art, purpose-built medical centre in Leeds following £3m loan from OakNorth
Founded in 2012 by Rohin Dhand, Mayfair Group Investment is a leading developer, investor, and manager of healthcare, commercial, and residential properties; Headquartered in central Leeds, the group has completed multiple medical centre projects to date that are built with patients in mind; The loan from OakNorth will be used to develop the group’s new […]
