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OakNorth Bank provides SME housebuilder, Martin Homes, with a £13.6M loan for new major mixed-use scheme in Hove, Sussex
Founded in 2008, Martin Homes specialises in new build and conversion developments within the prime locations of London, Sussex, Surrey, and Kent; The capital from OakNorth Bank will be used to develop a new major-mixed use scheme in Hove, compromising of 52 apartments, a large office space and 25 private parking spaces; Situated on […]
Harwood Private Capital supports the management buyout of Suffolk based family-run horticulture business following £20M funding package from OakNorth Bank
Harwood Private Capital focuses on providing flexible funding to UK SMEs and lower mid-market companies; The firm has secured a £20M funding package from OakNorth Bank to support the management buyout of family-run horticulture business, Mr. Fothergill’s Seeds Limited; Founded in 1978 by Jeff Fothergill and Brian Carey, Mr. Fothergill’s Seeds is an independent horticulture […]
OakNorth Bank completes £21M loan to Tri7 and Alchemy to invest in real estate value-add opportunities that have arisen on the back of COVID-19
OakNorth Bank completes £21M loan to Tri7 and Alchemy to invest in real estate value-add opportunities that have arisen on the back of COVID-19 The capital is to Tri7 (formerly known as Skape Real Estate), a real estate investment and asset management firm, and funds advised by Alchemy Special Opportunities LLP (Alchemy), the European private […]
Mumbles Group to develop more than 20 new forecourts across the UK following £20M loan from OakNorth Bank
Mumbles Group has an excellent track record in the sector, having completed eight successful forecourt projects since 2014; The capital from OakNorth Bank will support Mumbles’ ambitious growth plans to acquire and develop more than 20 forecourts; Forecourts continue to play a vital role in local economies, providing over 88,000 jobs across the UK, with […]
Product diversification at Ottolenghi leads to higher earnings margin and repayment of almost half of its CBILS loan from OakNorth Bank
In July 2020, OakNorth Bank provided a £3.7M CBILS loan to Ottolenghi to help cover working capital throughout the pandemic; In the months following the first UK lockdown, the company expanded its online shop with dinner boxes, prepare at home meal kits, and a tableware licensing deal; In May 2021, Ottolenghi moved its production unit […]
Innervation Capital-backed, Melrose Education, secures growth capital from OakNorth Bank to pursue “buy and build” of Special Educational Needs schools
Melrose Education has secured a loan from OakNorth Bank to pursue a targeted “buy and build” of high-quality Special Education Needs (“SEN”) schools; This is the third time OakNorth Bank has supported Innervation Capital. OakNorth Bank previously backed ICP Nurseries (a nurseries “buy and build” group focused on the London and South East region) in […]
