The latest acquisitions news from Bain Capital for you;
Bain Capital, a leading global private investment firm, today announced that it has signed a definitive agreement to acquire Jensten Group (“Jensten”), a UK-based commercial insurance distribution platform, from Livingbridge, one of the UK’s leading mid-market private equity investors. The investment is being made by the dedicated insurance investing platform of Bain Capital.
Founded in 1986, Jensten has evolved into a diversified insurance distribution platform serving small and medium-sized enterprises across the UK. The company operates across retail, wholesale, and managing general agent segments, and has completed 37 acquisitions to date, including 14 from its own franchise network.
Bain Capital will partner closely with Jensten’s management team to invest in sales and distribution, technology and operations to further enhance the company’s client service offering and drive margin expansion. The plan also includes a continuation of its successful M&A strategy focused on building out its regional operating footprint throughout the UK.
Livingbridge partnered with Jensten to accelerate its transformation into a leading UK insurance distribution platform, supporting 37 acquisitions and the development of a single operating platform.
Matt Cannan, a Partner at Bain Capital, commented: “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.”
Robert Organ, CEO of Jensten Group, added: “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.”
Simon Peet, Partner at Livingbridge, said: “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.”
The transaction is expected to close in Q4 2025, subject to regulatory approvals. Terms of the transaction were not disclosed.
Advisors: Jensten Group was advised by Continuum Advisory Partners, Travers Smith LLP and Deloitte. Bain Capital was advised by Macquarie Capital, Proskauer Rose LLP, Weil, Gotshal & Manges LLP and PriceWaterhouseCoopers and Oliver Wyman. Management was advised by Jamieson Corporate Finance and DLA Piper.
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