Alantra advises LetterOne on the sale of Octane Capital to Aldermore Bank

Mar 2026

Sell-side advisory

Value £465mn

London – Alantra has acted as sole financial advisor to a subsidiary of the LetterOne Group (“LetterOne”) alongside Hogan Lovells acting as legal advisor on the sale of specialist property lender Octane Capital’s approximately £465 million portfolio of bridging and buy-to-let loans, as well as associated capability, to Aldermore Bank plc.

Boris Piermont, Senior Executive at LetterOne, said: “We partnered with the management team to launch Octane Capital in 2017, and built a successful and profitable business that has issued over £2.1bn of specialist property loans since then. We selected Alantra as an adviser due to their deep sector expertise and unrivalled knowledge of the buyer universe. The Alantra team worked tirelessly, delivered on every commitment made, and achieved an excellent outcome for LetterOne, Aldermore and all other stakeholders.”

This transaction reinforces Alantra’s strong track record in the UK Specialty Finance and Banking sectors, with the sale of Octane Capital being the second deal to close in 2026, following Alantra advising Secure Trust Bank on the sale of its Consumer Vehicle Finance business to funds managed by LCM Partners, which completed in February 2026.