Jensten Group’s acquisition of East Anglia-based One Broker Group has been finalised following approval from the Financial Conduct Authority.
This acquisition marks the largest one for Jensten to date, offering the company a substantial new regional centre in East Anglia, with operational offices in Norwich and Cambridge. The acquisition brings on board 115 staff members and contributes £60 million in gross written premiums to Jensten's business portfolio.
With the successful integration of One Broker, Jensten reiterated its commitment to further expansion within East Anglia, both through organic growth and additional acquisitions. The company anticipates announcing further business deals in the region soon.
“The acquisition of One Broker highlights the strength of Jensten's proposition to brokers contemplating a sale where a clear commitment to retaining a regional presence is important. One Broker is one of the outstanding regional assets in the UK broking sector, and we are delighted to welcome Robin Plaster, Sean Clark and the rest of the team to the Jensten family. We look forward to working with the team to achieve further growth in East Anglia,” Jensten CEO Alistair Hardie said.
What are your thoughts on this story? Please feel free to share your comments below.