Deutsche Numis is acting as joint lead financial adviser to JTC plc on its £2.3bn recommended cash acquisition by Permira
We are pleased to be acting as joint lead financial adviser and joint corporate broker to our long-term client JTC on the offer, which values the ordinary share capital of JTC at approximately £2.3bn, and each share at 1,340 pence in cash.
We have been an adviser to JTC since its IPO in 2018, overseeing multiple acquisitions and equity fundraisings to support its growth strategy.
JTC is a highly reputed global Fund Administration, Corporate & Trust Services platform that has a long-term track record of delivering consistent organic success and targeted complementary acquisitions.
Founded in Europe in 1985, Permira is a global private equity firm with over €80 billion of committed capital, and a globally diversified base of leading international investors, including endowments, sovereign wealth funds and pension funds.
The acquisition is currently expected to complete during the third quarter of 2026, subject to the satisfaction or waiver of the conditions, including shareholder approval.
This transaction reinforces Deutsche Numis’ position as a leading M&A adviser within the UK and represents its 40th public M&A transaction (with an equity value of £200m+) as financial adviser since 2022. It further underscores Deutsche Bank’s leading track record in the Global Corporate & Fund Services sector through coordinated multidisciplinary teamwork across O&A Coverage, ECM and M&A.
We are delighted to have supported JTC on its recommended acquisition by Permira. This is a great example of our relationship-driven and multidisciplinary approach, managing a complex and competitive situation, underpinned by trusted advice. We are pleased to have helped JTC to deliver such a great outcome for all stakeholders. Stuart Skinner, Head of Business Services, Deutsche Numis
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We are pleased to be acting as joint lead financial adviser and joint corporate broker to our long-term client JTC on the offer, which values the ordinary share capital of JTC at approximately £2.3bn, and each share at 1,340 pence in cash.
We have been an adviser to JTC since its IPO in 2018, overseeing multiple acquisitions and equity fundraisings to support its growth strategy.
JTC is a highly reputed global Fund Administration, Corporate & Trust Services platform that has a long-term track record of delivering consistent organic success and targeted complementary acquisitions.
Founded in Europe in 1985, Permira is a global private equity firm with over €80 billion of committed capital, and a globally diversified base of leading international investors, including endowments, sovereign wealth funds and pension funds.
The acquisition is currently expected to complete during the third quarter of 2026, subject to the satisfaction or waiver of the conditions, including shareholder approval.
This transaction reinforces Deutsche Numis’ position as a leading M&A adviser within the UK and represents its 40th public M&A transaction (with an equity value of £200m+) as financial adviser since 2022. It further underscores Deutsche Bank’s leading track record in the Global Corporate & Fund Services sector through coordinated multidisciplinary teamwork across O&A Coverage, ECM and M&A.