LONDON, September 2, 2025 – Proskauer today announced that it has advised Bain Capital, a leading global private investment firm, on the signing of its 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.
The Proskauer team was led by partners Andrew Wingfield and Adam Creed and associates Nicholas Wardle, Jake Fuller, Karim El Borhami, Dylan Carty and Laura Haddigan (M&A). The team also included partner Stephen Pevsner and associates David Ward and Luis de Freitas (Tax); partner John Verwey, special counsel Rachel Lowe and associates Sulaiman Malik and Michael Singh (Regulatory); special counsels Nicola Bartholomew (International Labor & Employment) and Kelly McMullon (Data Privacy); partner Oliver Howley and associate Nicola Fish (TMT); partner Vikki McKay and associate Benjamin Peacock (Real Estate); Shameelah Khan and Antonia George (Sponsor Finance) and partner Mary Wilks and associate Calum Paton (Antitrust).
Proskauer’s market-leading private equity team advises top-tier sponsors on complex deals across sectors - especially in people-driven and regulated industries like financial services, consulting, human capital, professional services, and employee-owned or founder-led businesses. We deliver industry-leading work where regulation, reputation and talent retention are key. From platform acquisitions to exits, we guide clients through the full investment lifecycle. With deep sector insight and cross-border execution strength, we get deals done - fast, precisely and with impact.
About Proskauer
Proskauer is where the most ambitious clients turn when the stakes are high. With more than 800 lawyers across key financial centers, we deliver practical, commercial solutions to asset managers, private equity firms, global investors and industry-defining companies. Our integrated platform spans private capital, litigation, M&A, finance, restructuring, and beyond, bringing together the right teams to solve complex challenges and drive opportunity.