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OakNorth Bank completes seven-figure debt finance deal

Andreea Dulgheru | 17:14 Thursday 13th February 2020

OakNorth Bank has provided independent advisory firm Dow Schofield Watts with a seven-figure debt finance facility to make a strategic investment in Camlee Group.

The investment will enable the owner-managed corporate finance boutique to continue servicing the SME market under its existing brand, while co-operating closely with Dow Schofield Watts.

As a result, Camlee’s clients will have access to the wider range of services at the advisory firm.

In addition, the two businesses will be able to work in partnership to expand their presence nationally.

Daniel Martin and Stewart Haworth, debt finance directors based in OakNorth Bank’s Manchester office, said: “This deal represents a fantastic opportunity to support a highly reputable advisory firm with its future growth strategy.

“Between them, Dow Schofield Watts’ founders have almost a century’s worth of advisory experience and have built a business with a sound reputation and diversified offering.”

James Dow, founding partner of Dow Schofield Watts (pictured above, second left), said: “We’re grateful to the team at OakNorth, which not only approached the deal with a commercial and collaborative mindset, but also ensured the process was completed as quickly and efficiently as possible.”

Also pictured above (l-r): Cameron Varley, Nicole Burstow, Lee Wojtkiw

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