The loan will be used to refinance existing debt and support the group’s future growth.
Dr. Naz Nathani, co-founder and CEO at Macc Group, commented: “We’re deeply grateful for the continued support from OakNorth and Ortus.
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“Their understanding of our sector and growth ambitions, combined with their ability to unlock value through bespoke debt structures, has been instrumental in enabling our expansion and innovation.”
Dale Cowdell, director of debt finance at OakNorth, said: “We’ve supported Macc Care for several years and have seen first-hand the strength of its management team and the quality of its operations.
“This latest transaction reflects our confidence in Macc Care’s long-term growth strategy and our ongoing commitment to backing experienced, mission-driven care operators across the UK.”
Jon Salisbury, CEO at Ortus Secured Finance, added: “We’re delighted to be involved in this transaction, supporting growth in such an important sector that provides vital services to local communities.”
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