JTC has acquired Exequtive Partners SA, a specialist provider of corporate and related fiduciary services, based in Luxembourg.
Exequtive Partners’ 28 employees, including the five principals, will all join the existing Institutional Client Services team at JTC.
This latest acquisition forms part of the JTC’s ongoing growth strategy.
Nigel Le Quesne, CEO of JTC, said: “Exequtive Partners is a specialist business in a key strategic location that has demonstrated outstanding performance since its inception. As such, this acquisition is reflective of our focus on high quality growth and on strengthening our proposition for institutional clients.
"In particular, the management team at Exequtive Partners has built a thriving business based on very similar principles to JTC, making it an excellent cultural fit for us whilst also enabling them to become part of an established global network that remains focused on client service excellence. We extend a warm welcome to our new colleagues, clients and partners.”
Joost Mees, one of the founders of Exequtive Partners, added: “Given the global consolidation in corporate and funds administration, we are very happy to become an integral part of the JTC family which has been built on the same values that both companies recognise as fundamental to success.
"The expansion of our offering will be of added value to our clients as well as our team who will all have the opportunity of working with an energetic business with a clear shared ownership philosophy at its core. Together, we are confident about increasing our footprint in the corporate and alternative investments market in Luxembourg and beyond."
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