Bedell Trust, a Jersey-based independent trust company, has agreed to a management buyout (MBO) of its business for an undisclosed amount.
The deal, subject to regulatory approvals, is backed by independent private equity firm Inflexion.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The deal will provide surplus funding, allowing Bedell Trust to speed up its expansion plans and invest in its people, infrastructure and technology.
Bedell Trust CEO Nick Cawley said: "Bedell Trust has doubled in size over the last five years and given our strategic aspirations and pipeline of opportunities we feel it is the right time to drive our growth through this partnership with Inflexion."
Bedell Trust management will retain operational control of the business following the MBO.
The business will continue to be headed by CEO Nick Cawley, executive chairman Michael Richardson, as well as the existing management team.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataInflexion partner Florencia Kassai said: "This partnership is based on the shared vision of building a business for the long-term, as rooted in Bedell Trust’s DNA. Leveraging on Inflexion’s sector expertise, capital and ambition to accelerate its expansion, we see Bedell Trust emerging as the leading player in the trust and fund administration sector in the Channel Islands."
