Jersey-based fund, corporate and private wealth services provider JTC has entered into a conditional agreement to acquire Van Doorn from International Capital Group.
Van Doorn, a specialist provider of corporate and related fiduciary services, is based in Amsterdam, the Netherlands.
Its 16 employees will combine with JTC’s Institutional Client Services team in Amsterdam, increasing JTC’s market presence in the region, broadening its services and creating greater opportunities for growth.
The acquisition is part of JTC’s growth strategy, as outlined at its IPO in March. The company says it is continuing to seek further opportunities for organic and inorganic growth.
Nigel Le Quesne (pictured), CEO of JTC, said: “Van Doorn is an ideal bolt-on to our Institutional Client Services division – the management team has built a successful business based on similar principles to JTC.
"I am also pleased that the owner-managers of the business will be moving to JTC as part of the transaction.”