Jensten has penned a deal to acquire technology-focused corporate broker Venture Risks Group, which is an appointed representative of Momentum Broker Solutions Ltd. The deal is expected to complete next month, strengthening Jensten’s tech, media, cyber and life sciences division.

Following the acquisition, VRG will retain its own brand, while tapping into the wider resources offered by Jensten. The deal will boost Jensten’s technology and life sciences footprint in Cambridge, adding to its presence in this specialism in London, Bristol, Thames Valley and Birmingham.

Gareth Birch, CEO of broking at Jensten Group, said: “Specialty is a core part of our growth plan and VRG is exactly the kind of business we want to partner with. Technically strong, entrepreneurial and built on long-standing client relationships. It adds real depth to our tech, media, cyber and life sciences division and strengthens the proposition we can take to clients right across the group.”

John McLaren-Stewart, CEO of Venture Risks Group, added: “Joining Jensten is an exciting next step for our business. We have built VRG around specialist knowledge, strong client relationships and a commitment to excellent service.

“Becoming part of Jensten provides a fantastic platform for future growth while ensuring our clients continue to receive the expertise and support they value, from the same team they deal with today.”