Permira Acquires JTC PLC for £2.3B
Update: 2025-11-10
Description
On November tenth, Permiras acquisition of JTC PLC for £2.3 billion signals growing interest in specialized financial service providers. JTC shareholders will receive £1,340 per share, a 50% premium over Augusts closing price. JTC, known for fund administration and corporate services, has seen revenues climb from £60 million in 2017 to £305 million in 2024. The acquisition, expected to finalize in Q3 2026, marks a significant moment for both companies and the financial services sector.
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