Bain Capital, the private investment firm, announced it has signed a definitive agreement to acquire Jensten Gr
oup, the UK-based commercial insurance distribution platform, from Livingbridge, a UK mid-market private equity investor.
The investment is being made by the dedicated insurance investing pla
tform of Bain Capital. Financial details of the transaction were not disclosed. The deal is expected to close in the fourth quarter of 2025 and is subject to regulatory approvals.
Founded in 1986, London-based Jensten has evolved into a diversified insurance distribution platform serving small and medium-sized enterprises across t
he 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.
Jensten was formed in 2018 following a management buy-out of Coversure Insurance Services Group – a deal that was backed by Livingbridge.
Bain Capital said it will partner closely with Jensten’s management team to invest in sales and distribution, te
chnology 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 platfor
m, supporting 37 acquisitions and the development of a single operating platform.
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“Jensten is a highly respected platform with a national footprint, broad product offering and a proven M&A engine,” commented Matt Cannan, a partner at Bain Capital. “We believe there is significant potential
to accelerate Jensten’s organic growth journey, utilize data for strategic decision making and add further value by lev
eraging the company’s scale and forming partnerships with insurers.”
Robert Organ, CEO of Jensten Group, said: “We are proud of the business we’ve built with Livingbridge and our teams across the UK. With Bain Capital’s backi
g 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.”
“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,” according to Simon Peet, partner at Livingbridge. “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.
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.