JTC Acquires NES Financial
April 2, 2020
JTC Group has agreed to acquire NES Financial (NESF), a US-based technology-enabled fund administration business, subject to regulatory approvals. The deal provides JTC with a US platform (Boston operations and San Jose technology centre), expands its Institutional Client Services presence in the United States and adds NESF's fund administration and technology capabilities.
- Buyers
- JTC Group
- Targets
- NES Financial
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
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