PE-backed Ocorian buys PE-backed Estera
Inflexion’s Ocorian has acquired Estera from Bridgepoint, forming a largescale fund administrator.
The newly combined entity will operate from 18 global jurisdictions, employ more than 1,250 people and serve 8,000 clients.
The deal appears to be motivated by expanding Ocorian’s geographical reach – the purchase of Estera sees it move into key US jurisdictions, namely Bermuda, BVI and Cayman.
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