Permira to Acquire JTC in £2.3 Billion All-Cash Deal

We’ve just seen a major move in the financial world: Permira plans to acquire JTC in an all-cash deal worth around £2.3 billion. This is a significant milestone for both companies and a clear signal of where the fund-services industry is heading. JTC, known for supporting global fund, corporate, and wealth-management clients, has built a strong market reputation. Permira, a leading private-equity firm based in London, sees this deal as a strategic opportunity to expand in private-market support services.