Jensten flags healthy acquisition pipeline
CEO Alistair Hardie said the organisation has a series of deals in play following its buy of J. Bennett & Sons but warned that the Financial Conduct Authority can be slow to approve acquisitions.
He commented: “There are a lot of people out there who are considering selling their businesses, currently the market is very buoyant for acquisitions.”
The business has made four deals in a month with J. Bennett & Son, Origin UW, Coversure Nottingham and Ravenhall Risk Solutions.
However, according to Hardie, the FCA has also taken “dramatically longer” to approve of acquisitions.
He added: “Some happened very quickly, some of them happened very slowly due to external factors, such as the
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