Former Esure owner agrees to acquire Jensten Group in major deal

Former Esure owner Bain Capital has signed a definitive agreement to acquire Jensten Group.

Jensten Group operates across retail, wholesale and MGA segments and has completed 37 acquisitions to date, including 14 from its own franchise network.

Bain Capital, which sold Esure for £1.3bn in April 2025, is acquiring Jensten Group through its insurance investing platform.

The private investment firm will partner closely with the Jensten Group 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 M&A strategy focused on building out its regional operating footprint throughout the UK.

The transaction is expected to close in Q4 2025. Terms were not disclosed.

Matt Cannan, partner at Bain Capital, said: “Jensten Group 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 Group’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

Bain Capital is acquiring the business from mid-market private equity investor Livingbridge.

Livingbridge partnered with Jensten to accelerate its transformation into a UK insurance distribution platform, supporting 37 acquisitions and the development of a single operating platform.

Robert Organ, chief executive at Jensten Group, said: “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, added: “We’ve appreciated the opportunity to support Jensten Group’s growth journey to a national multichannel 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 Group is exceptionally well-positioned to thrive in its next phase of growth with Bain Capital.”