NorthEdge
The Cavendish team reacted very quickly to this opportunity, providing us with hugely valuable insight into the sector. The team were also very hands-on in providing support to management and the deal through a tight diligence process and navigating the final completion steps. A great validation of the local + sector combination in getting deals done.”
Dan Matkin
Director, NorthEdge
Cavendish has advised regional private equity firm NorthEdge on its investment into Oak Engage, a rapidly-scaling employee engagement and intranet software business based in Newcastle.
This transaction marks the first deal completed by Cavendish’s recently opened Manchester office and follows a strong set of full-year results announced last week, highlighting the firm’s accelerating regional expansion and operational momentum.
This deal also represents another credential for Cavendish’s deep sector expertise within HR technology, employee benefits and wellbeing; and continues NorthEdge’s track record as the most active B2B software investor in the regional market.
Oak Engage delivers a mobile-first communications platform tailored for deskless and frontline workers. Trusted by global brands including Aldi, Burger King UK, Five Guys, ITV and NatWest Group, Oak Engage enables organisations to build stronger workplace cultures, improve productivity and streamline internal communications. The platform combines intuitive intranet functionality with AI-driven personalisation to ensure relevant, timely messaging to every employee, wherever they are.
The investment from NorthEdge will support Oak Engage’s continued growth through expansion of its commercial function, refinement of its go-to-market strategy, and further product innovation.
Oliver Tebbutt, Partner at Cavendish and Head of the Manchester office, commented:
“It’s been fantastic to work with the team at NorthEdge on this investment into Oak Engage. As an advisory business, Cavendish sets out to be a champion for ambitious companies, and it’s been great to witness NorthEdge match the ambition of the Oak management team, with a buy-side approach that supports growth from day one.
“Our recently established Manchester team is proud to have supported this transaction which showcases our combination of deep sector knowledge and regional delivery. We look forward to seeing Oak Engage scale faster and further with NorthEdge’s backing.”