Lending and investment firm Tenn Capital has completed the acquisition of Oaklands Secure Lending, a Jersey-based short-term lender.
Oaklands was founded by John Davey, Steve O’Brien, Emilie Golding, and Andrew Whelan in 2022. The team is known for its extensive experience in lending and has a broad network of clients, co-funders, and professional introducers.
The acquisition is expected to bring several significant benefits to Tenn Capital. Firstly, it will provide the company with a physical presence in Jersey, a key territory for the company.
This move will enable Tenn Capital to deploy significant capital into the Jersey real estate market and leverage its international lending capabilities to enhance its services to local private client adviser marketing.
Secondly, the Oaklands team brings with them an enviable network of co-funders, who are willing to contribute capital to loans and receive interest and income.
This network allows Tenn Capital to increase its lending capabilities in several creative ways, enhancing its competitiveness in the market.
Thirdly, the acquisition will significantly increase Tenn Capital’s intellectual capital, benefiting the company in shaping its lending decisions, problem-solving, and building new ways of lending.
Finally, the acquisition will increase Tenn Capital’s capacity, enabling the company to originate and execute more transactions, which is critical for the company’s current growth trajectory.
The acquisition was completed on 27th February, following a few weeks of negotiation and documentation. Oaklands Secure Lending will immediately rebrand as “Tenn Capital,” further aligning the two businesses.
“We are delighted to announce the acquisition of Oaklands Secure Lending,” said a spokesperson for Tenn Capital. “We have more announcements to make over the coming weeks and plan to make more strategic acquisitions in the lending space, both in the UK and overseas.”
Tenn Capital specialises in providing short-term loans, asset management, and investment services.
