Orca support True North Talent with MBO and growth funding

A recent transaction led by Orca Finance highlights what can be achieved when the right people align around a clear objective. Supporting True North Talent through a management buyout, the focus was not simply on funding the deal, but on building a solid foundation for the business’s next phase of growth.

Introduced by Nikki Whittle, Partner & Head of M&A at Brabners in Preston, Orca was brought in to deliver certainty on a live MBO while ensuring the structure could support the business beyond completion.

True North Talent, specialists in permanent and temporary recruitment, were undergoing a significant leadership transition as Amy and Emma completed their buyout.

The requirement extended beyond share purchase funding, incorporating the need for scalable working capital and a funding partner aligned with their long-term ambitions.

As is often the case with these transactions, timing, coordination, and reliability were critical, with all elements needing to come together seamlessly alongside the legal process.

Led by Marc McLoughlin, Orca structured a dual-funding solution using two specialist lenders under one coordinated approach.

Asset Advantage Business Finance, led by Jonty Cook and Philip Knight, provided the MBO facility, delivering a clear and dependable credit process.

Alongside this, Novuna Cash Flow Finance, represented by Richard Granger, was selected following a structured market exercise to provide a competitive and flexible invoice finance facility.

Both elements were carefully aligned to complete alongside the legal transaction, ensuring the new leadership team stepped in with immediate control and confidence.

The result is a business now firmly positioned for growth, with Amy and Emma taking full ownership supported by a robust funding platform.

With structured buyout finance in place and a flexible working capital facility underpinning operations, True North Talent enters its next chapter well-equipped for expansion.

Reflecting on the process, Amy and Emma commented that they are “delighted with the new facilities, in control, and ready for the next phase,” crediting both Brabners and Orca for their support throughout the transaction. https://www.orcafin.co.uk/2026/03/27/case-study-mbo-funding-invoice-finance/