LONDON: JTC Plc, the global professional services business, announced the acquisition of Hanway Advisory Limited. Formed in 2018, Hanway provides corporate governance, fund administration and accounting services to UK listed investment companies. An experienced team of six professionals will remain with the business. Post-completion of the acquisition, Hanway will become part of JTC’s Institutional Client…
JTC Plc is a global professional services business that specializes in funds, corporate, and private client services. It’s known for its expertise in administering both closed and open-ended funds across various jurisdictions, including Jersey, the US, the UK, and others. The company is publicly listed and operates with a strong emphasis on shared ownership, investing…
LONDON, UK: JTC plc has delivered an outstanding financial report for the year ended December 31, 2023, indicating another year of exceptional performance and positive momentum heading into 2024. The company’s revenue saw a significant increase of 28.7%, driven by a record net organic growth of 19.9%. The underlying EBITDA also grew by 30.1%, reaching…
LONDON, UK: JTC Plc, the global professional services business, announced the proposed acquisition of Blackheath Capital Management, a boutique asset management business based in the UK. Formed in 2010, Blackheath Capital Management provides management and regulatory oversight services to investment funds and offers ManCo services as an Alternative Investment Fund Manager (AIFM) as well as…
LONDON, UK: JTC Plc, the global professional services business, has acquired Ballybunion Capital Limited, a boutique asset manager based in Ireland. The initial consideration will be settled in cash and JTC equity. A further deferred consideration is available on the achievement of performance targets in the current year. Background to Ballybunion Financial Founded in 2009,…
LONDON, UK: JTC Plc, the global professional services business, has acquired Segue Partners, an innovative fund services provider head-quartered in St. Louis, Missouri, USA. The initial consideration will be settled in cash and JTC equity. A further consideration is available on the achievement of performance targets in 2022 and 2023. Background to Segue Partners Michelle…
LONDON: JTC Plc has acquired INDOS for a maximum consideration of £12.5 million, a news release said. The initial consideration is £11m which will be settled in cash £10m and JTC equity £1m. A further £1.5m deferred consideration is available to management on the achievement of performance targets. Founded in 2012, INDOS is an industry-leading…
LONDON: JTC Plc announced the acquisition of CEES. Established in 2005, CEES is a market leading employee benefits platform with an internationally diverse blue-chip corporate client base. It offers a broad range of employee benefit plans and product structures, is expert in the administration of a number of asset classes and provides client support services…
LONDON: JTC Plc has announced the completion of its acquisition of the assets, contracts and employees of SANNE Group plc’s private client business based in Jersey. The acquisition expands JTC’s Private Client Services (PCS) presence in Jersey, one of its strongest performing PCS jurisdictions. Clients representing annualised ongoing revenues of £4.1m have transferred to JTC…
LONDON: JTC Plc has announced the acquisition of the assets, contracts and employees of SANNE Group plc’s private client business based in Jersey. TC is an award-winning provider of fund, corporate and private client services. The consideration is variable based on the satisfactory migration of clients to JTC and is capped at a maximum of…