Filter by
OakNorth Bank completes £20m transaction with LV Care Group – the leading care home provider in Jersey
LV Care Group is a locally owned, locally run and locally focused care group providing premium services in Jersey; The group will use the bespoke £20m debt finance package from OakNorth Bank to acquire two new sites in Jersey and in the Isle of Man, as well as refinance three existing care homes; As ambassadors […]
Following the announcement of its newly-opened Birmingham hub, OakNorth Bank completes £750k deal with Bright Minds Daycare
Launched in 2017, Bright Minds owns four nurseries across Birmingham with capacity for 330 children ranging from infants as young as six weeks through to pre-school children; Childcare has been a somewhat recession-proof industry in the UK, growing at 3.7 percent annually over the last decade; Birmingham is set for prime growth in the sector […]
OakNorth Bank provides funding to facilitate equity deal for Bolton-based Aptus Utilities – one of the UK’s leading providers of multi-utility services
Bolton-based Aptus Utilities provides a multi utility solution that streamlines and expedites building processes for construction companies throughout the UK; The company has also seen Private Equity Firm, WestBridge invest £12.8m into the deal; Previously named in The Sunday Times ‘Virgin Fast Track 100’ and the London Stock Exchange’s ‘1000 Companies to Inspire Britain’, Aptus […]
With over £2.2bn of qualified SME loans in the pipeline, OakNorth Bank expands debt finance team and opens Birmingham office to support businesses in the Midlands
Despite the general election being less than a week away and ongoing Brexit uncertainty, British businesses are clearly still keen to borrow and pursue their growth plans; In response to this and its over £2bn lending pipeline, the bank is once again expanding its debt finance team with four new hires; Steve Mitchell and Marcus […]
OakNorth Bank completes £8m transaction to support a share repurchase for Security Plus, Europe’s largest independent volume cash carrier
Founded in 1977 and based in Staffordshire, the family business has grown into one of the UK’s leading cash collection, cash processing and manned guarding services provider; The finance will be used to fund a share repurchase positioning the business well for future growth; OakNorth Bank was introduced to management by Julian Coy at KBS […]
OakNorth Bank completes £3.54m loan to property joint venture to fund the development of a new aparthotel in Oval, London
The deal is with a joint venture between MELT Homes, which has built over 100 properties in London Gloucestershire and Kent, and Espalier Ventures; The capital will be used to fund the acquisition of a mixed-use property in Oval, and in its place, develop an aparthotel of up to 175 units, subject to receiving planning […]
