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Global professional services business JTC has completed the acquisition of Buck Share Plans.
Following the receipt of all applicable change of control and regulatory approvals, JTC has completed the acquisition of the Buck UK and European Share Plan Administration and Trustee businesses (Buck Share Plans) from Arthur J. Gallagher & Co.
The acquisition was initially announced in August of this year.
JTC said that Buck Share Plans “accelerates the growth of the Group’s share plan trustee and administration service offering”, and “brings with it an existing book of high-quality, long-standing blue-chip clients, and an experienced, client-focused and committed team” across the UK, Guernsey and Germany.
Nigel Le Quesne, CEO of JTC, said: “The completion of the acquisition of Buck Share Plans gives a further boost to our employee share plan offering.
“I am delighted to welcome the experienced team into our Institutional Client Services Division as we continue to develop and expand our Employer Solutions platform.”
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