Bain Capital is set to acquire Jensten Group, a well-established UK commercial insurance broker, in a deal expected to close in the last quarter of 2025. The private investment firm reached a definitive agreement to buy Jensten from Livingbridge, a mid-market private equity firm based in the UK. The financial details of the transaction were not made public, and the purchase is still awaiting regulatory approval.
Jensten Group, founded in 1986 and based in London, has grown into a broad insurance distribution business. It serves small and medium-sized businesses across the UK through retail, wholesale, and managing general agent channels. Over the years, Jensten has completed 37 acquisitions, 14 of which came from its own franchise network. The company originally formed in 2018 after a management buyout of Coversure Insurance Services Group, a move supported by Livingbridge.
Bain Capital’s insurance investment team plans to work closely with Jensten’s management to boost sales, improve technology, and streamline operations, aiming to enhance service and increase profits. They also intend to continue Jensten’s acquisition strategy to expand its presence across the UK.
Matt Cannan, a partner at Bain Capital, praised Jensten as a respected firm with a strong national reach and a proven ability to grow through acquisitions. He highlighted opportunities to speed up Jensten’s organic growth and to use data better for decision-making, creating more value by using the company’s scale and partnerships with insurers.
Jensten’s CEO, Robert Organ, shared his excitement about the future with Bain’s support, looking forward to attracting new talent and growing the company’s service offerings. Simon Peet from Livingbridge expressed confidence that Jensten is well-positioned for its next growth phase under Bain’s ownership, praising the company’s scale and resilience.
This move marks the next chapter in Jensten’s journey from a regional broker to a multi-channel platform with over 50 locations and 1,000 employees. The company handles around £600 million in gross written premiums.
Bain Capital itself is a major player in private investment, managing about $185 billion in assets worldwide. Livingbridge, which launched in 1999, has backed over 170 investments and manages around £3.5 billion in assets.
Advisors involved in the deal include Continuum Advisory Partners, Travers Smith LLP, and Deloitte for Jensten; Macquarie Capital, Proskauer Rose LLP, Weil, Gotshal & Manges LLP, PriceWaterhouseCoopers, and Oliver Wyman for Bain Capital; and Jamieson Corporate Finance along with DLA Piper for Jensten’s management.
With this acquisition, Bain Capital is betting on the potential to grow Jensten further in the competitive UK insurance market.