JTC acquires Buck businesses

JTC, the C.I.-based professional services provider, plans to acquire the Buck UK and European share plan administration and trustee businesses (Buck Share Plans) from Arthur J. Gallagher & Co, a global insurance brokerage, risk management and consulting services firm. Completion is subject to regulatory approvals. The acquisition will add 16 employees based in the UK, Guernsey and Germany. Buck was acquired by Mellon Bank in 1997 before becoming independent in 2018. It was acquired by Gallagher in 2023.

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