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OakNorth Bank provides £4.7m loan to newly launched and private equity-backed SME housebuilder, honey, for its maiden residential scheme
Founded in October 2022 by former Avant Homes CEO, Mark Mitchell, honey builds homes which combine style, substance and sustainability; Located in its newly opened Sheffield city-centre HQ, honey has initially agreed to acquire two new developments in South Yorkshire and Derbyshire, set to deliver over 141 homes; The recently launched SME housebuilder is backed […]
OakNorth Bank provides £6m loan to returning customer and leading care home provider in Jersey, LV Care Group, to support future growth
LV Care Group is a locally owned, locally run and locally focused care group providing premium services in Jersey; Founded in 2011 by Nick Bettany and Chris Shelton, the group offers premium services including home care, dementia care, mental health and wellbeing care, as well as nursing and residential accommodation; The capital from OakNorth will […]
OakNorth Bank provides £3m loan to LDC-backed e-learning software company, Omniplex Learning, to support working capital and future growth
Omniplex Learning empowers organisations worldwide to design, create and deliver effective and engaging eLearning; The business secured investment from LDC, the mid-market private equity house in December 2020 and is growing at over 60% year-on-year; The capital from OakNorth Bank will be used to support Omniplex Learning’s working capital along with investment in a new […]
OakNorth Bank and ASK co-lend £41.5m to support Tailored Living Solutions’ Great Suffolk Yard Grade A office development in Southwark, London
Founded in 2012, Tailored Living Solutions specialise in creating bespoke new-build homes and commercial, co-working spaces across London; Located in London’s popular Borough area, Great Suffolk Yard offers c.65,000 sq. ft of BREEAM excellent, new office space across six floors, as well as a private courtyard and four roof terraces; The site is only a five-minute walk […]
OakNorth has supported TriSpan’s investment in leading Indian casual dining group, Mowgli Street Food
Launched in 2014 in Liverpool by chef, CEO, and food writer, Nisha Katona MBE, Mowgli Street Food specialises in dishes that Indians would eat at home and on their streets; In July 2017, the business secured investment from Foresight Group, the sustainability-led alternative assets and SME investment manager; The business currently has 15 sites in […]
OakNorth Bank provides a bespoke loan for a purpose-built student accommodation development in Lincoln
The bespoke loan is to a joint venture between Harrison Street and Torsion Developments; The capital is for a 361-bedroom purpose-built student accommodation (PBSA) called Pine Mill in Lincoln, UK; Located a c.12-minute walk from the University of Lincoln’s main campus and a c.20-minute walk from Lincoln City Centre, the accommodation has managed to achieve […]
