JTC PLC Acquires SALI Fund Services
November 18, 2021
JTC PLC has acquired SALI Fund Services, a US-based provider of fund administration services for Insurance Dedicated Funds (IDFs) and Separately Managed Accounts (SMAs), headquartered in Austin, Texas. The transaction represents a full exit for Long Ridge Equity Partners' Fund II investment and advances JTC's strategy to strengthen its presence in the United States and expand its insurance-related service capabilities.
- Buyers
- JTC PLC
- Targets
- SALI Fund Services
- Sellers
- Long Ridge Equity Partners
- Industry
- Financial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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