JTC EXPANDS FURTHER AS DUTCH ACQUISITION COMPLETES

Published 1 Aug 2017

JTC has completed its acquisition of New Amsterdam Cititrust B.V. (“NACT”), which was first announced in April 2017, thus strengthening the firm’s presence in Europe and expanding its global footprint to include the Netherlands.

NACT was founded in 1981 and, through its team of highly experienced professionals, services a client portfolio ranging from entrepreneurs and their families to venture capitalists, private equity firms and publicly listed companies. The business provides a range of corporate and administration services, including: company formation, corporate management, administration, accounting, financial reporting and legal and secretarial services.

Commenting on the acquisition, which has been completed following regulatory approval in the Netherlands, JTC Group CEO & Chairman, Nigel Le Quesne, said: "This extension of our presence in the Benelux region via the acquisition of NACT strengthens and deepens our offering to both institutional and private clients. The team at NACT are multi-lingual with a vast experience and understanding of corporate structuring and regulation within Europe, enabling us to effectively service a client portfolio ranging from entrepreneurs and their families to venture capitalists, private equity firms and publicly listed companies."

Edmond Hartsuiker, previously Managing Director of NACT, and now JTC Managing Director, Netherlands, added: "We are delighted to have joined JTC Group, with whom we share similar corporate values including an emphasis on technical expertise, first class service and a focus on creating needs-based solutions.”