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New Deal


Announced

Completed

Inflexion-backed Ocorian completed the acquisition of Estera from Bridgepoint.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

accounting services

Private Equity

financial services

Diversified Financials

Private

Merger

Majority

Completed

Single Bidder

Friendly

Cross Border

Synopsis

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Inflexion-backed Ocorian, a provider of corporate and fiduciary services, completed the acquisition of Estera, a global provider of funds, corporate and trust services, from Bridgepoint. Estera will be merged with Ocorian, forming a global corporate service and fund administration leader of significant scale. Financial terms were not disclosed. "This is a landmark transaction for Ocorian. Together both businesses will be able to offer an enhanced service to their clients wherever they are located. The whole team looks forward to working with the team at Estera to take the enlarged business forward." Stuart Layzell, Chief Executive, Ocorian

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