The partners of Ogier Fiduciary Services have completed a management buy-out from the Ogier group.
The buy-out, first announced in February, was backed by Electra Partners, which invested £82 million of equity on behalf of Electra Private Equity, alongside a significant investment by the Ogier Fiduciary Services’ management team.
The two companies said although they have become separate businesses, they will continue a close relationship, sharing premises and facilities.
Paul Willing will continue to run Ogier Fiduciary Services and there will be no change to the current client service and relationship teams.
Willing said: “The significant investment made available to us as a result of Electra Partners’ backing will help us achieve our growth plans.
“We will invest in our key systems and infrastructure to underpin our high levels of client service and will take advantage of market opportunities as they arise.”
Ogier Fiduciary Services, Cayman, Electra Partners