Private equity giant Permira has agreed to acquire JTC plc, a leading provider of fund administration and corporate services, for approximately £2.7 billion. This deal highlights the continued appetite for high-quality fund service platforms within the private equity sector, particularly in a period of heightened demand for outsourced administration and governance solutions.
JTC, headquartered in Jersey, serves alternative investment funds, family offices, and institutional clients worldwide. Its expertise spans fund administration, corporate services, and fiduciary management. The acquisition by Permira aims to enhance JTC’s global footprint while leveraging operational synergies and capital to accelerate innovation and service offerings.
Financial analysts note that the valuation reflects both JTC’s strong recurring revenue model and its potential for growth within the expanding private markets ecosystem. By integrating JTC into its portfolio, Permira is positioning itself to benefit from the growing complexity of fund management and the increasing demand for compliance and transparency in global alternative investments.
The transaction, expected to close in mid-2026 after regulatory approvals, represents one of the largest private equity deals in the fund administration sector this year. It also underscores the trend of consolidation among firms providing critical infrastructure for private markets and the strategic importance of acquiring scalable, tech-enabled platforms.
