JTC Group is celebrating its 25th birthday today by announcing an
investment by private equity firm CBPE Capital, which will help it replicate its success in Jersey across
other locations.
In the 25 years of its existence, JTC has become a multi-jurisdictional business with
offices in six locations and more than 160 employees. It currently has premises
in Jersey, the United Kingdom, Switzerland, the British Virgin Islands,
Luxembourg and Guernsey, and has an ambitious expansion plan to increase the
geographical footprint of the business further through a combination of organic
growth and acquisition.
JTC is no stranger to acquisitions – it acquired Caversham, a
private client business based in Jersey, in 2010, some of Standard Bank’s
Jersey-based Fund Administration portfolio in 2011, and Horizon Group’s book of
Jersey-based trusts in 2012.
The minority investment by CBPE Capital is subject to regulatory
approval.
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