Inflexion Private Equity-backed Ocorian to acquire Nordic Trustee from Altor.

Inflexion Private Equity-backed Ocorian, a provider of corporate, fund and fiduciary administration services, agreed to acquire Nordic Trustee, a provider of trustee and agency services intended for bonds and direct lending in the Nordic region, from Altor, a private equity firm. Financial terms were not disclosed. “This exciting acquisition allows Ocorian's clients to tap into the fast-growing Nordic bond and direct lending markets. The transaction also significantly expands the breadth and depth of solutions that Nordic Trustee can offer their clients and help them to be even more successful," Frederik van Tuyll, Ocorian Chairman and CEO.