Mourant Ozannes advises on acquisition of Ogier Fiduciary Services

Offshore law firm Mourant Ozannes has assisted lead adviser Clifford Chance in advising Electra Private Equity on its £180m acquisition of Ogier Fiduciary Services.

Electra Private Equity, a London Stock Exchange-listed investment trust, will invest £83m of equity alongside investment from the current management team to facilitate the buyout, which was signed on 1 February 2014, currently subject to regulatory approval.

Previously part of the Ogier Group, Ogier Fiduciary Services provides trust, fund and company administration services to corporate, private client and investment funds.

The team was led by Matthew Shaxson with support in the BVI from Mike Williams and Nathaniel Luker; in the Cayman Islands from Robert Duggan; in Guernsey from John Lewis and Jane Rosen; and in Jersey from Helen Ruelle, Victoria Cabot, Pamela Doherty and Rebecca Clark.