Global private client service and institutional services provider JTC is to acquire TC3 Group Holdings trading as South Dakota Trust Company (SDTC), an independent provider of administration services to the US personal trust sector.
This will be for a maximum consideration of $270 million.
SDTC provides access to over 1,700 high net worth and ultra-high net worth family clients, including more than 100 billionaires and 350 centimillionaires, based on a large intermediar...
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