Bedell Cristin has advised Ocorian, the global diversified financial services group and leading provider of corporate administration, fund administration, capital markets and private client services, on its acquisition of Trust Corporation International, subject to regulatory approval.
Trust Corporation International is one of Guernsey’s leading fiduciaries, specialising in proactive planning, wealth administration and corporate services. This acquisition enhances Ocorian’s ability to provide a comprehensive service offering to private clients and international corporates in Guernsey alongside its existing strength in fund administration.
Frederik van Tuyll, Chairman and CEO at Ocorian said “It is tremendously good news that Trust Corporation International’s dedicated teams will be joining Ocorian. Our combined capabilities and expertise will result in a powerful full service offering in Guernsey from our team of over 160 professionals. We are a very considered acquirer and this acquisition is a strategic investment in Guernsey alongside our core and complementary service lines.”
The Bedell Cristin team, working with White & Case, was led by Guernsey Managing Partner, Kate Ovenden, assisted by Partner, Dylan Latimer and Legal Assistant, Steven Zandvliet.
Kate commented: "We were delighted to act as lead counsel to Ocorian on another flagship acquisition in Guernsey's financial services sector. Ocorian is a much valued client and we wish the combined business the very best for the future."
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