Bain Capital to acquire Jensten Group

Bain Capital has signed a definitive agreement to acquire Jensten Group, a UK commercial insurance broker, from Livingbridge. The transaction is expected to close in the fourth quarter, subject to regulatory approvals.

Jensten serves small and medium-sized enterprises across the UK and it operates across retail, wholesale and MGA segments. The company manages around £600 million of gross written premium and it employs more than 1,000 people across 50 locations. Jensten has completed 37 acquisitions to date (including 14 from its own franchise network).

“Jensten is a highly respected platform with a national footprint, broad product offering and a proven M&A engine. We believe there is significant potential to accelerate Jensten’s organic growth journey, utilise data for strategic decision making and add further value by leveraging the company’s scale and forming partnerships with insurers.” – Matt Cannan, a Partner at Bain Capital.

“We are proud of the business we’ve built with Livingbridge and our teams across the UK. With Bain Capital’s backing and deep sector experience, we’ll continue to attract new talent, expand our product offering, empower our brokers, and strengthen our position as a leading independent broker in the UK market.” – Robert Organ, CEO of Jensten Group.

“We’ve appreciated the opportunity to support Jensten’s growth journey to a national multi-channel platform with strong M&A capabilities and a scalable operating model. The team has built a business with scale and resilience, and we believe Jensten is exceptionally well-positioned to thrive in its next phase of growth with Bain Capital.” – Simon Peet, Partner at Livingbridge.