Stibbe advises Intertrust on its acquisition of Elian Group

NL Law

Stibbe advises Intertrust, a leading global provider of high-value trust and corporate services, on its acquisition of Elian Group ("Elian") from Elian's management and funds managed by Electra Partners LLP for a total consideration of GBP 435 million (EUR 557 million).

Elian is a high growth, regional trust and corporate services leader with a number one leadership position in Jersey and a strong presence in the UK and 13 other jurisdictions, 10 of which overlap with Intertrust. Elian is particularly strong in services for Capital Markets and Private Equity & Real Estate Fund Administration. The acquisition of Elian reinforces Intertrust's global leadership position, increases diversification across jurisdictions and clients, and aligns perfectly with Intertrust's strategic M&A pillars.