JTC Acquires New York Private Trust Company (NYPTC)
November 1, 2022
JTC Group has completed the acquisition of New York Private Trust Company (NYPTC), a Delaware‑chartered non‑deposit trust company that provides fiduciary, trust and estate administration services to high‑net‑worth individuals, family offices and corporate clients. The deal expands JTC's US footprint and strengthens its domestic trust services capability, complementing its existing US private client operations in Delaware, Miami, New York and South Dakota.
- Buyers
- JTC Group
- Targets
- New York Private Trust Company (NYPTC)
- Industry
- Financial Services
- Location
- Delaware, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
JTC Acquires NES Financial
April 2, 2020
Financial Services
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.
-
JTC Acquires New York-headquartered Essential Fund Services
December 16, 2021
Financial Services
JTC Group has acquired New York-headquartered Essential Fund Services (EFS), a fund accounting and administration firm serving alternative asset managers, to expand and add scale to its US fund services platform. EFS's team and c. $5.5bn AuA will join JTC's Institutional Client Services division and will work alongside the recently acquired SALI Fund Services to broaden capabilities in the Insurance Dedicated Fund (IDF) market.
-
JTC plc Acquires INDOS Financial
February 15, 2021
Financial Services
JTC plc has acquired INDOS Financial, a specialist provider of depositary, AML and ESG oversight services for alternative investment funds. The bolt-on acquisition adds technical capabilities and scale in the UK and Ireland to JTC’s Institutional Client Services division and will integrate INDOS’ team into the JTC platform.
-
JTC PLC Acquires SALI Fund Services
November 18, 2021
Financial Services
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.
-
BlackRock LTPC Acquires Majority Stake in Transaction Data Systems from GTCR
May 17, 2021
Healthcare Services
BlackRock Long Term Private Capital (LTPC) acquired a majority interest in Transaction Data Systems (TDS), a provider of pharmacy management software and services, with GTCR retaining a minority stake. LTPC will partner with TDS management to drive the company's next phase of growth, building on TDS's pharmacy software, data analytics and clinical offerings.
-
Fiduciary Trust Company International Acquires The Pennsylvania Trust Company
January 22, 2020
Wealth Management
Fiduciary Trust Company International, a global wealth manager and subsidiary of Franklin Resources (Franklin Templeton), agreed to acquire The Pennsylvania Trust Company, an independent, employee-owned wealth management firm based in Radnor, Pennsylvania. The deal expands Fiduciary Trust's presence in the Philadelphia market and enhances its suite of trust, estate, investment and tax planning capabilities for high-net-worth clients; terms were not disclosed and the transaction was expected to close in Franklin Resources' 2020 fiscal third quarter.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.