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Papilio Bidco to acquire JTC PLC for £2.7 billion

PRIVATEApr 07, 2026

Acquiring Company

Papilio Bidco Limited

Acquired Company

JTC

AcehFinancial Services

Description

Papilio Bidco Limited is set to acquire JTC PLC for approximately £2.7 billion, with a share price offer of £13.40 per share. Shareholder approval has already been secured and regulatory consents are being sought, with the closing anticipated in the third quarter of 2026. This acquisition will mark JTC’s transition to private ownership, aligning with its long-term growth aspirations.

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Company Information

Company

Papilio Bidco Limited

Location

Aceh, Indonesia

About

Papilio Bidco Limited is a private investment entity seeking to acquire and manage businesses in various sectors. The company is focused on enhancing value through strategic ownership and operational improvements. Details about the firm's previous acquisitions are not widely disclosed.

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Frequently asked

Who acquired JTC?

JTC was acquired by Papilio Bidco Limited, based in Aceh. The deal was reported on April 7, 2026. Papilio Bidco Limited is a private investment entity seeking to acquire and manage businesses in various sectors. The company is focused on enhancing value through strategic ownership and operational improvements. Papilio Bidco Limited is privately held.

When did Papilio Bidco Limited acquire JTC?

Papilio Bidco Limited's acquisition of JTC was reported on April 7, 2026. Papilio Bidco Limited is set to acquire JTC PLC for approximately £2.7 billion, with a share price offer of £13.40 per share. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does JTC do?

JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services. It is privately held, operating in Financial Services.

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