Inflexion-backed Ocorian completed the acquisition of Allegro.

Inflexion-backed Ocorian, an independent provider of corporate and fiduciary services, completed the acquisition of Allegro, a Luxembourg based third party management company and fund administrator. Financial terms were not disclosed. “There is tremendous cultural compatibility between our firms, with each of us valuing the quality of our services and commitment to clients, staff and other stakeholders. Our partnership with Ocorian is a true enhancement of the services we offer our clients. An expanded international footprint and specialist expertise means we can continue to deliver the levels of personalised service our clients are used to and now can also offer a significantly broader range of fund and fiduciary solutions. We are looking forward to being part of Ocorian and to building on the success we have already achieved," Thomas Fahl, Allegro CEO.