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New Deal


Announced

Completed

Inflexion-backed Ocorian completed the acquisition of Allegro.

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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Luxembourg

Private Equity

Majority

Asset Managers and Custodians

third party management

Single Bidder

Acquisition

Private

Friendly

Completed

Synopsis

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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.

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