Founded in 1986, Jensten has grown into a multi-channel distribution business serving small and medium-sized enterprises across the United Kingdom. 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. Today it manages around £600 million of gross written premium and employs more than 1,000 people across 50 locations.
Bain Capital said it plans to work closely with Jensten’s management team to accelerate growth through investments in sales, distribution, technology and operations. The firm also intends to continue Jensten’s successful M&A strategy to reinforce its regional presence.
“Jensten is a highly respected platform with a national footprint, broad product offering and a proven M&A engine,” said Matt Cannan, partner at Bain Capital. “We believe there is significant potential to accelerate Jensten’s organic growth journey, utilise data for strategic decision making and add further value by leveraging the company’s scale and forming partnerships with insurers.”
Livingbridge has supported Jensten through a period of rapid expansion, backing 37 acquisitions and the development of a single operating platform. Simon Peet, partner at Livingbridge, reflected on the partnership, saying: “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.”
For Jensten, the deal represents another milestone in its transformation. Robert Organ, CEO of Jensten Group, commented: “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.”
Advisers on the deal included Continuum Advisory Partners, Travers Smith and Deloitte for Jensten; Macquarie Capital, Proskauer Rose, Weil Gotshal & Manges, PwC and Oliver Wyman for Bain Capital; and Jamieson Corporate Finance and DLA Piper for Jensten management.
