M and A
Deals Of The Day: The Latest In Wealth Management M&A – Delta Capita, JDX Consulting
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The latest transactions in the wealth management industry around the world.
Delta Capita
Delta Capita, a
global consulting, solutions and managed services provider, has
bought JDX
Consulting, building Delta’s standing as a “significant”
force in global managed services and consulting in capital
markets.
JDX, a UK-based consulting business, has footprints in the US and Asia-Pacific. Following the transaction, Delta Capita will have revenues of $130 million and more than 1,100 professional staff. Delta is part of Prytek, a Singapore-based investment firm.
The acquisition of JDX Consulting is Delta’s third such purchase in the past 15 months.
Delta’s managed services include client lifecycle management, anti-money laundering and know-your-client work, structured retail products, post-trade and pricing and risk.