Deal facts
- Buyer
- Permira
- Target
- JTC plc
- Deal value
- Not disclosed
- Announced
- 21 November 2025
- Status
- Firm intention
- Sector
- Other
- Country
- United Kingdom
- Consideration
- Not stated
Sources
The management team of JTC plc has agreed to acquire the company in a management buyout on 21 November 2025. The transaction was announced for the business operating within the Other sector in Great Britain. No specific deal value or currency was disclosed in the available records, and the consideration type remains unreported. The identity of any external buyer was not confirmed, and the target country is recorded as GB.
The transaction was subsequently abandoned before completion could be achieved. No further details regarding the specific reasons for the abandonment or the final status of the parties involved were provided. The deal did not proceed to a completed state, and no regulatory approval was sought or granted. This outcome marks the end of the proposed acquisition process for the target entity.
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1 update- Firm intention
Rule 2.8 Announcement
FOR IMMEDIATE RELEASE 21 November 2025 No intention to make an offer for JTC plc ("JTC") Further to the announcement made by JTC on 12 September 2025 regarding a possible offer for JTC, Warburg Pincus LLC, acting in its capacity as advisor to its affiliated investment funds, ("Warburg Pincus") confirms that it does not intend to make a firm offer for JTC. This is
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Buyer history
Permira
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