Permira to acquire JTC for £2.7bn.

Permira, a global investment firm, agreed to acquire JTC, a provider of fund administration, corporate and private client services, for £2.7bn. "We have long admired JTC and its exceptional leadership, which has consistently delivered strong performance, disciplined growth and a clear strategic vision. The culture of the company and focus on its people is distinctive. With Permira's global platform, thematic expertise and track record of supporting high-quality businesses in the Fund Administration, Corporate & Trust Services sector ecosystem, we are well placed to help JTC unlock its full potential. We look forward to working in close partnership with Nigel and the team to accelerate growth, pursue selective acquisitions and scale the JTC platform," Robin Bell-Jones, Permira Partner.