Announced
Completed
Synopsis
OakNorth Bank, a bank, completed the acquisition of a 50% stake in ASK Partners, a property finance company. Financial terms were not disclosed. “ASK is a business OakNorth Bank has worked with for several years, enabling us to provide the funding solutions our clients need. Like us, ASK has a strong focus on customer experience and credit quality and has built a fast-growing and profitable business. The fintech platform it’s developed to enable institutional investors, family offices, and high net worth individuals to participate in its transactions, enables fast subscription of loans and a strong network effect where many of its borrowers also end up becoming investors,” Ben Barbanel, OakNorth Bank head of debt finance.
Principals
Show Details & Financials
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.