Ocorian is a provider of corporate, fund and fiduciary administration services, headquartered in the Channel Islands. The business was founded in 1971 as Bedell Trust and until 2016 was part of Bedell Cristin law firm. Following the acquisition of Estera in July 2019, the combined business operates from 18 key global jurisdictions, including Bermuda, Cayman, Guernsey, Ireland, Jersey, Luxembourg and Mauritius. The businesses have over 1,250 professionals globally, serving over 8,000 clients across the corporate service, fund administration and private client sector. Together, Ocorian and Estera, provide a complete range of services to clients with multi-jurisdictional needs. In particular, Ocorian’s clients benefit from Estera's established North American presence (Bermuda, BVI and Cayman), while Estera’s clients are able to leverage Ocorian's strong links to the Middle East and Africa. In 2021, Ocorian also acquired Nordic Trustee, the leading provider of trustee and agency services for bonds and direct lending in the Nordic region, giving Ocorian access to the fast-growing Nordic bond and direct lending markets.
The Inflexion difference
Inflexion’s successful relevant experience with a business similar to Ocorian, Sanne (LSE: SNN), means we truly understand how to drive growth in this market. Additionally, our international M&A experience makes us best placed to support Ocorian’s international growth plans.
Since the investment, Ocorian has made 10 acquisitions. Each acquisition has diversified Ocorian’s service provision to clients, whilst also extending its geographical presence. We are continuing to work with the company to evaluate further acquisitions.
I've been in this industry my whole career, so I'm part of the woodwork in the trust fiduciary industry. I like the culture of Inflexion. Flor, who we work with day-to-day - in all my time of being in PE she is the most knowledgeable private equity person in our space and that makes life a lot easier.
Frederik van Tuyll,
Chair & CEO, Ocorian