Bain Capital to Acquire Jensten Group, a Leading UK Insurance Distribution Platform

LONDON – September 1, 2025 – 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, utilize 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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About Bain Capital

Founded in 1984, Bain Capital is one of the world’s leading private investment firms. We are committed to creating lasting impact for our investors, teams, businesses, and the communities in which we live. As a private partnership, we lead with conviction and a culture of collaboration, advantages that enable us to innovate investment approaches, unlock opportunities, and create exceptional outcomes. Our global platform invests across five focus areas: Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. In these focus areas, we bring deep sector expertise and wide-ranging capabilities. We have 24 offices on four continents, more than 1,850 employees, and approximately $185 billion in assets under management. To learn more, visit baincapital.com. Follow @BainCapital on LinkedIn and X (Twitter).

About Livingbridge

Livingbridge is a leading mid-market private equity firm which empowers businesses to unlock their true potential. This is investment done the right way, built on ambition and experience. Nobody has seen it all, but some get closer than others and since it started in 1999, it has supported over 170 investments. It takes a flexible approach to investing, focusing on adding the most value – this is why it focuses on four core sectors: technology, services, healthcare and education, and consumer. Livingbridge is an ambitious and international team with a global approach and local network which have supported the successful growth of our companies over the last 25 years, with many now household names. To find out more, visit Livingbridge.com.

About Jensten Group

Jensten Group is a leading UK commercial insurance broker, specializing in serving small and medium-sized enterprises through a connected broker strategy that spans retail, wholesale, and underwriting via its in-house MGA. Originally established as a regional retail broker, Jensten has evolved into a multi-channel distribution platform, offering both general and highly specialized insurance solutions across a broad range of sectors. The Group has completed 37 acquisitions to date and now operates from over 50 locations with more than 1,000 employees. Jensten controls over £650 million of gross written premium and is recognized for its innovative approach, people-first culture, and commitment to delivering tailored insurance solutions that meet the evolving needs of clients. To find out more, visit jensten.co.uk.