Member Article

Senior management team completes £13.6m MBO at risk management firm

The management team at London-headquartered risk management firm JCRA Group Ltd has completed a £13.6m management buy-out (MBO) which will see it expand into new areas and invest in new technologies.

The deal, which was supported by £6.7m from clients of investment manager Connection Capital, will support JCRA’s business development plans, particularly its emerging presence in North America.

Founded in 1989, the company provides hedging, financial risk and debt consultancy services, as well as interest rate and foreign exchange advice to clients. Last year it advised on more than 700 transactions totalling around £39bn.

Jackie Bowie, chief executive of JCRA says, “We have a long track-record and an enviable reputation advising clients across a diverse range of sectors, and this MBO enables us to build on that position and strategically enhance and expand our services.

“Having the backing of Connection Capital’s clients is a clear endorsement of our achievements so far, and of our capabilities going forward.”

Miles Otway, Partner at Connection Capital added: “JCRA has an enviable reputation for quality, a great track record and is the market leader in its specialist niche.

“The company has real potential to expand both in the UK and abroad. Jackie and the wider team are highly impressive and we are delighted to support them in this next stage of the Company’s growth plans.”