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 […]
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 […]
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 […]
Formed in 2018 following a partnership between Generali Investment Holding and entrepreneurs, Florencio Beccar and Toby Smith, Axis Retail Partners is a leading advisory boutique specialising in European retail investments; With c.€525M of assets under management (AUM), the firm has a strong track record of managing retail assets across several geographies, risk spectrums and property […]
In 2019, OakNorth Bank provided The Inn Collection Group with a funding package to support the doubling of its portfolio to 21 sites by 2022; Thanks to COVID, the Group has managed to exceed this target, acquiring quality sites at competitive entry prices, and now has 26 inns across Northumberland, County Durham, the Lake District, […]
OakNorth has agreed to purchase 100% of Fluidly, subject to regulatory approval; Founded in 2016, Fluidly’s mission is to help small businesses sleep better at night via its cashflow forecasting tool – a product which c.1,300 UK accounting firms subscribe to; This mission is highly synergistic with OakNorth’s mission to empower the ‘Missing Middle’ – […]
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