Ocorian to acquire Capco Trust

Ocorian, has entered into a definitive agreement to purchase Capco Trust (“Capco”), the independent Jersey-based private client and corporate services business. The acquisition expands Ocorian’s service capabilities, increasing its client base and the scope of service offering to include expertise in all aspects of international maritime structuring. In turn, Capco’s clients will now benefit from an enhanced range of specialist financial services across a much wider number of international jurisdictions. Expected to close before the end of January 2018, the transaction will realise the next stage of a progressive trajectory for Ocorian, following the management buyout and successful rebrand of Bedell Trust in 2016. All 29 staff from Capco will join Ocorian’s 350+ strong international team to support and grow the strong client relationships that are at the core of this acquisition.