King & Wood Mallesons has advised Inflexion Private Equity on the management buyout of Bedell Trust, a leading, award-winning, corporate, fund and fiduciary administration company.
Inflexion is a leading independent mid-market private equity house, investing in established high growth businesses. The MBO, backed by Inflexion, will help to accelerate organic growth and target further selected acquisitions.
Bedell Trust has over 250 employees and operates from Jersey, Guernsey, London, Luxembourg, Dublin, Singapore, Mauritius and Cayman. It has grown rapidly both organically and through acquisition and enjoys a reputation for being one of the highest quality operators in the Channel Islands.
Florencia Kassai, Partner at Inflexion said, “This is an exciting time for both Bedell Trust and Inflexion. Bedell Trust is renowned for great client service and underpinned by a highly credible reputation and we are committed to supporting Bedell Trust in achieving their strategic aspirations across each of the strongly growing markets in which they operate. This partnership is based on the shared vision of building a business for the long-term, utilising our sector expertise, capital and ambition. We firmly believe Bedell Trust will emerge as the leading player in the corporate services, fund and fiduciary administration sectors. We sincerely thank King & Wood Mallesons for their help and support.”
Andrew Wingfield, Corporate partner at King & Wood Mallesons, said: “This was a fantastic transaction for our EMEA private equity practice, the sort of deal that does not come along very often and a source of pride and inspiration for our team. The transaction also demonstrates the strength of our EMEA private equity practice and the role we play in ensuring our clients have success in pursuing their strategic ambitions."
The KWM team was led by Corporate partner Andrew Wingfield and comprised: partners Laura Brunnen (corporate); Ian Borman (banking) and associates Will Carlyle (corporate); Oleksandr Pankiv (banking); and Rosanna Munoz-Britton (banking).
KWM has been advising clients at the forefront of the private equity industry for over 30 years, designing innovative solutions and advising the private equity community on regulation and legislation that affects the industry. This transaction swiftly follows the firm’s triple award victory at Private Equity International’s annual awards for its achievements in 2015