Electra Partners has acquired Ogier Fiduciary Services for £180 million, marking a strategic expansion into the offshore fiduciary services sector.

Information on the Target

Electra Partners has successfully completed the acquisition of Ogier Fiduciary Services, the fiduciary services arm of the Ogier Group, for £180 million, following the necessary regulatory approvals. This transaction saw Electra Private Equity PLC contribute £82 million in equity, supplemented by a significant investment from Ogier Fiduciary Services' management team, led by CEO Paul Willing. Debt facilities to facilitate the transaction were provided by a consortium of lenders, including HSBC, Lloyds Banking Group, RBS, Babson Capital Europe, and Alberta Investment Management.

Founded in 1998, Ogier Fiduciary Services offers a comprehensive range of trust, fund, and company administration services to corporate clients, private individuals, and investment funds. Established concurrently with Ogier, a prominent offshore law firm, Ogier Fiduciary Services has built a reputation for delivering high-quality service and maintaining robust relationships with clients and regulators. Today, it stands as one of the leading offshore fiduciary service providers, catering to approximately 3,000 clients through a network of ten global offices.

Industry Overview in the Target’s Specific Country

The offshore fiduciary services industry in the Channel Islands has been experiencing significant growth, driven by the increasing demand for professional services from both multinational corporations and wealthy individuals. This growth can be attributed to the favorable regulatory env