Delta Capita acquires JDX Consulting to create one of the largest specialist 
Capital Markets consulting and managed service providers

JDX Consulting, a global resource augmentation and domain consulting business, 
today announced that its shareholders completed a transaction under which JDX 
is acquired by Delta Capita Group. JDX will become a subsidiary of Delta 
Capita, establishing the combined organisation as a significant force in global 
managed services and consulting in Capital Markets, leveraging its bank as a 
service 'one bank' infrastructure platform. 

Delta Capita is the Financial Services division of Prytek and this acquisition 
is part of the committed $500m allocation of capital to accelerate the build 
and deployment of the 'one bank' infrastructure platform. JDX is a successful 
global resource augmentation and consulting business, headquartered in the UK; 
its established presence in both the US and APAC provides Delta Capita with 
stronger capabilities in these regions. The combined firm will have a 
comprehensive product and service offering as well as an enhanced UK and EU 
footprint. Clients will benefit from the increased global scale across its 
complementary consulting offerings, technology and managed services. Delta 
Capita will have revenues of $130m and more than 1100 professional staff.

Both organisations share core values underpinned by an inclusive and supportive 
people culture and a relentless focus on client needs. Delta Capita has a keen 
focus on talent acquisition, development and retention that will be further 
enhanced by JDX's leading academy programme. The combination of Delta Capita's 
industry expertise, its experienced staff, and JDX's ability to rapidly respond 
at scale to clients' demands, provides clear opportunities and a strong career 
path for all employees.

Following the acquisition, Jonathan Davies, CEO of JDX said "I am delighted by 
the combination of JDX and Delta Capita and believe the combined firm now has 
the people, technology and solutions to much better address our clients' needs. 
There are also considerable benefits for our staff in being part of what will 
now be a larger and more diversified organisation".

Joe Channer, CEO of Delta Capita Group, said "We continue to listen to our 
clients and this acquisition allows us to take on globally significant 
consulting and managed service engagements at scale. Clients are evaluating 
their operating models to drive efficiency and simplification and require 
innovative solutions that significantly reduce their costs. We recognise JDX's 
expertise in its successful resource augmentation business across Financial 
Services, and in particular, Capital Markets, and I am delighted that the team 
joining us will allow Delta Capita to offer an enhanced capability to our 
clients. I can see that as two organisations combining, we have a great 
cultural fit and many capabilities that are truly complementary.  I expect this 
combined capability to rapidly accelerate our growth".

The acquisition of JDX Consulting is the third acquisition completed by Delta 
Capita in the last 15 months. This significant growth has been recognised by 
the Financial Times in their FT 1000 ranking.

www.jdxconsulting.com 
www.deltacapita.com   

Source: JDX Consulting