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Collas Crill has advised JTC on the acquisition of RBC cees Limited (CEES).
Established in 2005, CEES is an employee benefits platform offering a broad range of plans and product structures. Around 180 CEES employees, including the senior management team, will join JTC upon completion of the move.
The transaction is subject to relevant regulatory approvals and is expected to complete in early Q2 2021.
CEES operates from offices in Jersey, Guernsey, London and Edinburgh and a Collas Crill team provided Channel Islands legal support on the transaction working with lead counsel Jones Day. Guernsey support was provided by partners Wayne Atkinson and Ben Le Page.
Collas Crill has assisted JTC on a number of previous Channel Islands acquisitions.
Nigel Le Quesne, CEO of JTC, said the acquisition is part of an ongoing growth strategy.
Pictured top: Collas Crill Group Partner Wayne Atkinson.
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