Bain Capital has agreed to acquire Jensten Group, one of the UK’s fastest-growing insurance intermediaries, from Livingbridge in a deal expected to close in the fourth quarter of 2025, subject to regulatory approvals.

London-based Jensten specialises in serving SMEs across retail, wholesale, and MGA channels. The group operates more than 50 locations, employs over 1,000 staff, and handles approximately £600m in gross written premiums. 

Since its 2018 management buyout of Coversure Insurance Services backed by Livingbridge, Jensten has executed 37 acquisitions, consolidating its position as a national multi-channel distribution platform.

Bain Capital will use its dedicated insurance investment platform to back Jensten’s next phase of growth, focusing on sales and distribution, technology and operational improvements, and a continuation of its successful acquisition strategy.

“Jensten is a highly respected platform with a national footprint, broad product offering and a proven M&A engine,” said Matt Cannan of Bain Capital. “We believe there is significant potential to accelerate Jensten’s organic growth journey, utilise data for strategic decision making, and create further value through scale and insurer partnerships.”

Robert Organ, CEO of Jensten Group, added: “With Bain’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 the firm was proud to have supported Jensten’s journey from a regional broker into a national platform, adding that it is now “exceptionally well-positioned to thrive in its next phase of growth with Bain Capital.”

Advisors included Continuum Advisory Partners, Travers Smith, and Deloitte for Jensten; Macquarie Capital, Ropes & Gray, Weil Gotshal & Manges, PwC, and Oliver Wyman for Bain; and Jamieson Corporate Finance and DLA Piper for management.

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