Filter by
Capilon Hotels Group in partnership with Prima Asset Management, acquires Paddington site to boost presence in London, following a £19.5m co-loan from OakNorth and ASK Partners
Founded in 2004, Capilon Hotels Group (“Capilon”) is a property development and management business focussing on central London hotels; To date, the group has operated and developed 11 hotels across London, including The Blandford Hotel in Marylebone and The Judd Hotel in Bloomsbury; Prima Asset Management (“Prima”) is a Singapore based private equity real estate […]
OakNorth provides £25m loan to fast-growing property lending firm, Blue Shield Capital, to fund new real estate bridging loans
Launched in 2020, Blue Shield is a property lending firm formed by a team of highly experienced UK investors and financial professionals; In 2023, international real estate conglomerate, the Wynn Group, became a major shareholder in Blue Shield Capital, enabling it to substantially grow its portfolio; The loan from OakNorth will enable Blue Shield Capital […]
OakNorth completes £34m club loan to LDC-backed leading digital marketing agency, Croud, to support future acquisitions
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; In 2019, it secured a minority investment from mid-market private equity house, LDC, to further accelerate […]
OakNorth completes £1.3m loan to real estate firm, Caissa Holdings, to support maiden acquisition in Scotland
Founded in April 2021, Caissa Holdings, is a private property investment and development group; The £1.3m loan from OakNorth will support the acquisition of a five-storey retail property in central Glasgow, occupied by Waterstones and Flying Tiger; The deal follows OakNorth’s expansion into Scotland with the opening of its new Glasgow office in summer last […]
Private equity-backed SME housebuilder, honey, to build over 250 additional new homes across Yorkshire following £12.2m of further funding from OakNorth
Founded in October 2022 by former Avant Homes CEO, Mark Mitchell, honey builds homes which combine style, substance and sustainability; The business is backed by private equity firm, Alchemy Partners, whose assets under management total over £2.2b; The £12.2m loan from OakNorth will be used to support two of honey’s new housing schemes in Huddersfield, […]
OakNorth’s pre-tax profits increase by 23% to £187m as it surpasses £10bn in lending to businesses since launch, and expands its offering to the US
London, UK, Monday 25th March 2024; OakNorth – the digital bank for entrepreneurs, by entrepreneurs – today publishes its latest Annual Report, revealing pre-tax profits of £187.3m in 2023, up 23% from £152.3m in 2022. OakNorth provided over £1.7bn of gross new lending facilities in 2023, continuing its track record of supporting the most ambitious […]
