Intertrust acquires Wells Fargo Trust Corp.

Intertrust, which provides tech-enabled fund and corporate solutions, has expanded its presence in the aviation finance sector with the acquisition of London-based Wells Fargo Trust Corporation Limited. With this acquisition, Intertrust has gained Wells Fargo’s portfolio of trust and agency aviation engagements in place at the time of completion of the acquisition, which occurred on 13 December 2019.   Intertrust has changed the name of the company to Intertrust Trust Corporation, which will be integrated into Intertrust’s Capital Markets service line, led by Cliff Pearce.  The acquisition complements Intertrust’s existing capital markets trustee business by broadening its aviation finance client base,