JTC Group "market leading EBT platform" says Zeus Capital - DirectorsTalk Interviews
7:49 am JTC Group plc (LON:JTC) has agreed to acquire RBC CEES Limited, the market leading employee benefits platform, for £20m cash subject to regulatory approval expected in early 2Q 2021. CEES has the following characteristics: Revenue of £23.5m for year to 31 October 2019 (c £22m this year); 180 employees with offices in Jersey, Guernsey, London, Edinburgh; Over 430 corporate clients with 890 plans including Employee Benefit Trust schemes and collectively £11bn of assets under administration; ROIC in year 1 to be above 10% and to grow strongly Outlook: Nigel Le Quesne...
Source: directorstalkinterviews.com