The company

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. Today the firm serves more than 2,000 clients from its 12 global offices and 700+ staff, having grown rapidly both organically and via strategic acquisitions. Ocorian enjoys a reputation for being one of the highest quality operators across the EMEA and APAC regions.

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. Within 18 months of our investment, Ocorian made a number of strategic acquisitions, including ABAX, MAS International, Capco Trust, and Intruad / Intruma. Each acquisition has diversified Ocorian’s service provision to clients, whilst also extending its geographical presence in Mauritius, Dubai, Luxembourg and the Netherlands. We have strengthened the management team, putting in place a highly experienced Chairman, a CFO and a Chief Commercial Officer who is helping drive organic growth in the core business and international cross-selling through the acquisitions. We have also appointed a Head of HR and Head of Finance.

We did four acquisitions in the first 18 months, and that has been transformational, helping us to treble the size of our business. Inflexion were literally working hand-in-hand with us and, in the initial deals, driving the process, which helped us as we were on a huge learning curve. Inflexion then allowed us breathing space to integrate the businesses. It’s been a true partnership – they’ve pushed us when we needed it, addressed things when we’ve been stuck, and backed off when we needed them to.

Nick Cawley,

CEO, Ocorian