Universal Partners Limited (MUSE:UPL.N0000) acquired a significant minority stake in JSA Services Ltd. for £11 million on May 9, 2018. Of the Total consideration, £9.9 million was paid upfront with the remainder deferred subject to JSA achieving certain profit warranties. As part of the deal, Universal Partners has acquired a significant minority stake in JSA Services with the existing shareholders and management of the business retaining majority control. Universal Partners will be the largest single shareholder in JSA Services, following the deal. Universal Partners will be represented on the JSA's Board of Directors by Pierre Joubert and Andrew Birrell. The relevant agreements, which contain standard terms and conditions for a transaction of this nature, have been executed and all conditions precedent relating to the transaction have been completed. Universal Partners Limited (MUSE:UPL.N0000) completed the acquisition of a significant minority stake in JSA Services Ltd. for £11 million on May 9, 2018.