The fund, corporate and fiduciary services company has a 30-year track record and a presence in 17 jurisdictions across Africa, the Americas, Asia Pacific, the British Isles, the Caribbean and Europe.
This latest milestone in JTC’s history represents a move away from being a private equity-backed company to a public company.
The firm received investment from CBPE Capital in 2012 to enable its global expansion. However, as part of the IPO, CBPE has relinquished its shares.
JTC chief executive Nigel Le Quesne said the IPO was the “next logical step in our strategy and will create a long-term capital base for the business”.
“The IPO will provide us with access to the capital markets, as we look to deliver future growth, both organically and through our targeted acquisition strategy, in a sector which we view as ripe for consolidation.”
