JTC PLC Acquired NES Financial

Two Fund Administration Powerhouses Join Forces

On April 29, 2020, JTC PLC acquired NES Financial.

JTC PLC, founded in 1987 with headquarters in Jersey, UK, is an award-winning provider of fund, corporate and private client services to institutional and private clients. This is a transformational acquisition for both companies and together creates a global powerhouse operating in 19 countries, servicing over $130 billion in assets, with more than 900 employees.

NES Financial, as the market leader in Specialty Financial Administration, provides a strong platform for JTC’s expansion into the U.S. market for servicing global institutional clients. NES Financial’s technology-driven, purpose-built solutions will deliver significant newfound value to JTC clients globally.

NES Financial, as a JTC Group company will continue to operate under its current brand in the U.S. market, having long been recognized as an industry-leading provider of Opportunity Zones, the immigrant investor EB-5 program, and private equity fund administration – as well as 1031 tax-deferred exchange services for private equity, commercial real estate and corporate clients. JTC offers many complementary products and services that we believe will be of significant value to our current clients.

LEARN MORE ABOUT THE ACQUISITION AND OUR JOINT SOLUTIONS