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Mad Swans has secured a £10m loan to support the development of two leisure destinations.
The project is the latest venture from Longshot, a company founded by Joel Cadbury and Oliver Vigors.
The financing will be used to develop flagship sites in the Mendips and the South Downs.
Both locations will feature repurposed 12-hole golf courses alongside padel and pickleball courts, driving ranges, and eco-cabins. The sites also include destination dining facilities.
The project follows a model of converting underperforming golf clubs into broader leisure and wellness venues. Longshot was founded in 1994 and its portfolio includes restaurants, health clubs, and the Beaverbrook hotel.
This transaction is the third deal between lender OakNorth and Cadbury, following previous funding for Beaverbrook and the Bel and the Dragon pub group.
Joel Cadbury, co-founder of Longshot, said: “OakNorth has been a true partner to us for several years – supportive, strategic, and commercially minded at every stage. From Bel & The Dragon to Beaverbrook and now Mad Swans, they’ve backed our vision and moved at the pace entrepreneurs need.
“For hospitality entrepreneurs that want to move at speed with a banking partner that will genuinely be there come rain or shine, there’s no other bank we’d recommend other than OakNorth. We’re thrilled to have their continued support as we bring something genuinely new to the UK’s leisure landscape.”
Deepesh Thakrar, managing director of debt finance at OakNorth, said: “Joel and Ollie are serial innovators in the leisure and hospitality space, and world class entrepreneurs. Their latest venture in Mad Swans challenges the status quo of golf and wellness, bringing together lifestyle, sport, and hospitality in a way that’s relevant and inspiring. The team’s vision, track record, and execution speak for themselves, and we’re delighted to deepen our partnership as they scale.”
Mad Swans has secured a £10m loan to support the development of two leisure destinations.
The project is the latest venture from Longshot, a company founded by Joel Cadbury and Oliver Vigors.
The financing will be used to develop flagship sites in the Mendips and the South Downs.
Both locations will feature repurposed 12-hole golf courses alongside padel and pickleball courts, driving ranges, and eco-cabins. The sites also include destination dining facilities.
The project follows a model of converting underperforming golf clubs into broader leisure and wellness venues. Longshot was founded in 1994 and its portfolio includes restaurants, health clubs, and the Beaverbrook hotel.
This transaction is the third deal between lender OakNorth and Cadbury, following previous funding for Beaverbrook and the Bel and the Dragon pub group.
Joel Cadbury, co-founder of Longshot, said: “OakNorth has been a true partner to us for several years – supportive, strategic, and commercially minded at every stage. From Bel & The Dragon to Beaverbrook and now Mad Swans, they’ve backed our vision and moved at the pace entrepreneurs need.
“For hospitality entrepreneurs that want to move at speed with a banking partner that will genuinely be there come rain or shine, there’s no other bank we’d recommend other than OakNorth. We’re thrilled to have their continued support as we bring something genuinely new to the UK’s leisure landscape.”
Deepesh Thakrar, managing director of debt finance at OakNorth, said: “Joel and Ollie are serial innovators in the leisure and hospitality space, and world class entrepreneurs. Their latest venture in Mad Swans challenges the status quo of golf and wellness, bringing together lifestyle, sport, and hospitality in a way that’s relevant and inspiring. The team’s vision, track record, and execution speak for themselves, and we’re delighted to deepen our partnership as they scale.”
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
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