M&A Deal Summary

JTC Acquires Essential Fund Services

On December 16, 2021, JTC acquired business services company Essential Fund Services

Acquisition Highlights
  • This is JTC’s 3rd transaction in the Business Services sector.
  • This is JTC’s 3rd transaction in the United States.
  • This is JTC’s 1st transaction in New York.

M&A Deal Summary

Date 2021-12-16
Target Essential Fund Services
Sector Business Services
Buyer(s) JTC
Deal Type Add-on Acquisition

Target

Essential Fund Services

Tarrytown, New York, United States
Essential Fund Services offers a broad range of services in the alternative assets space, including accounting, reporting, and administrative services to investment partnerships and their investment managers. Essential Fund Services is based in Tarrytown, New York.

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Buyer(S) 1

Buyer

JTC

Saint Helier, Channel Islands

Category Company
Founded 1987
Sector Business Services
Employees1,603
Revenue 257M GBP (2023)
DESCRIPTION

JTC is a provider of fund, corporate and private client services with over 800 staff serving clients from a global network of 21 offices. JTC was founded in 1987 and is based in St Helier, Jersey.


DEAL STATS #
Overall 4 of 4
Sector (Business Services) 3 of 3
Type (Add-on Acquisition) 4 of 4
State (New York) 1 of 1
Country (United States) 3 of 3
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-07 SALI Fund Management

Austin, Texas, United States

SALI Fund Services is a provider of turn-key solutions for insurance dedicated funds. SALI Fund Services was founded in 2002 and is based in Austin, Texas.

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