Jensten secures £170 million for growth
UK broker Jensten Group has secured over £170 million in new borrowing facilities over the past six months.
The continued backing of LGT Private Debt and Bridgepoint Credit demonstrates their confidence in Jensten’s potential and vision for the future. Jensten’s majority shareholder, Livingbridge Private Equity, remains a firm supporter and continues to be instrumental in supporting the company’s continued expansion.
Jensten closed out 2023 having completed a total of 12 strategic acquisitions including its largest to date in leading East Anglian-based One Broker Group.
“This recent expansion in funding marks another important moment for Jensten, as the business advances on its growth trajectory. With enhanced financial firepower evidencing the support and confidence of our partners, the business is poised to convert its strong pipeline of new opportunities. With the increased funding available for acquisitions, Jensten continues to be an attractive choice for business owners who are considering their options. Our track record speaks for itself, and we remain well-equipped to strike further deals which align with our growth strategy. The commitment from our partners reaffirms our ability to offer attractive options to vendors looking for a collaborative business partner capable of helping them drive their business growth, ensure client satisfaction, foster staff development, and secure their legacy. Our most recent acquisitions are a clear demonstration of our ability to attract high-quality businesses into the Jensten family, where they have the support available to ensure they continue to thrive and flourish.” – Jensten Group Chief Financial Officer, Ed Hannan.