JTC completed the acquisition of RBC cees for £20m.

JTC, a provider of fund, corporate and private client services, completed the acquisition of RBC cees, an employee benefits platform with an internationally diverse blue-chip corporate client base, for £20m. "CEES is an established leader in the employee benefits market with a blue-chip client base and excellent people. The fit with our ICS Division offering is exceptional and I am delighted that its core service offering is so closely aligned with JTC's strong shared ownership culture, which has been one of our key differentiators for over 22 years. We are pleased to welcome our new colleagues and clients to the Group and look forward to working with the excellent team at RBC to ensure a smooth transition of the business. We can see that demand for employee ownership solutions is growing globally and as well as achieving enhanced financial performance over the medium term once integrated onto the JTC platform, we see medium and long-term opportunities for good organic growth," Nigel Le Quesne, JTC CEO.