Private investment firm Bain Capital has agreed to acquire UK-based commercial insurance distribution platform Jensten Group from Livingbridge.
The financial terms of the deal have not been disclosed. However, the acquisition will be executed through Bain Capital's insurance investment division.
Jensten Group, founded in 1986, has become a diversified insurance distribution platform catering to small and medium-sized enterprises (SMEs) throughout the UK.
The company has a presence across retail, wholesale and managing general agent segments.
To date, it has completed 37 acquisitions including 14 from its own franchise network.
Jensten Group CEO Robert Organ said: “We are proud of the business we have built with Livingbridge and our teams across the UK. With Bain Capital’s backing and deep sector experience, we will 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.”
Bain Capital plans to continue Jensten's mergers and acquisitions (M&A) strategy, aiming to expand the company's regional operating footprint across the UK. Additionally, it will work with Jensten’s management team to invest in different areas such as sales and distribution, technology and operations.
The deal is set to be finalised in the fourth quarter of 2025, pending regulatory approvals.
Livingbridge partner Simon Peet said: “We have 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.”
In May this year, Bain Capital signed a definitive agreement to lead a $2.1bn (£1.57bn) capital raise for Acrisure through the issuance of new convertible senior preferred stock.
These funds will allow Acrisure to refinance existing stock and pursue M&A.
“Bain Capital to buy insurance distribution platform Jensten Group” was originally created and published by Life Insurance International, a GlobalData owned brand.
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