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OakNorth celebrates five-year anniversary of having dedicated lending team in the Midlands
To date, OakNorth has completed over £675m of loans to Midlands-based businesses across multiple industry sectors; Some of the businesses it’s supported in the region include: MPS Care Group, Beaufort Wealth Management, Bruntwood SciTech, and Rose & Co Developments; The digital bank continues to grow its Birmingham based team, hiring Ian Fairclough as a Director […]
OakNorth provides £50m of new funding to leading entrepreneurial private equity real estate investor, Paloma Capital
Founded in 2015 by Joe Froud and Jack Pitman, Paloma Capital is a leading entrepreneurial private equity real estate investor; Paloma has raised over £520m of wholly discretionary capital in three value-add funds since its launch; The £50m of new funding from OakNorth, split across two separate transactions, will be deployed within the firm’s Paloma […]
OakNorth partners with Sustainable Ventures to support the growth of sustainable businesses across the UK
London, UK – Friday 17th January, 2025 – OakNorth, the digital bank for entrepreneurs, by entrepreneurs, and Sustainable Ventures, the UK’s leading hub for climate tech businesses, today announced a strategic partnership to provide tailored lending and business banking services to scaling sustainable businesses. OakNorth has a proven track record of supporting pioneering businesses in […]
OakNorth completes £1.4m loan to support the acquisition and redevelopment of a vacant residential and office building in Fitzrovia
The borrowing entity, 52 Tottenham St, Fitzrovia Ltd, is owned and led by Parag Sawheny, Founder and Managing Partner of Penn South Capital, and Yoni Karako, Founder and Principal of Courtier Capital and Co-founder and former CEO of Vonder; The £1.4m loan from OakNorth will be used to acquire and redevelop a four-storey site into […]
Leading hotel family business, JMK Group, to acquire City of London site following £16.6m co-loan from OakNorth and REL Finance
JMK Group is a family-run, privately owned hospitality business founded in 2009, which started as a small boutique hotel in Kensington; Since then, the Group’s portfolio has grown to include hotels, properties, and cafes across London and Ireland; The co-loan from OakNorth and REL Finance will be used to acquire an office and convert it […]
OakNorth participates in club loan to STAR Capital to support its buy-out of Subsea Technology & Rentals (STR)
Established in 1999, STAR is a private equity firm focused on building and developing businesses around strategic assets in Western Europe; STR is a leading global provider of specialist equipment, innovative technologies, and data enabling services to the offshore renewables, oil and gas, and marine science sectorsBottom of Form; The capital will enable STR to […]
