LONDON: Schroder British Opportunities Trust plc (SBO) has announced a new private equity investment in JMG Group, one of the United Kingdom’s fastest-growing insurance brokerages.
The investment is being made through Synova, a long-standing private equity partner of Schroders Capital and the majority shareholder in JMG since 2020.
Founded and headquartered in the UK, JMG Group employs more than 800 insurance professionals and provides risk management solutions to small and medium-sized enterprises as well as high-net-worth individuals. The company has gained recognition for its strategy of acquiring local and regional brokerages and enabling them to achieve above-market organic growth through its national platform.
SBO’s investment will support JMG’s ongoing acquisition strategy, talent development, and platform expansion, reinforcing its position in the UK insurance market.
The transaction is expected to close in September 2025, subject to customary closing conditions.
“This marks SBO’s twelfth private equity investment, further diversifying our portfolio of high-quality, growth-oriented businesses,” said Tim Creed and Pav Sriharan, private equity portfolio managers at SBO. “We are pleased to be investing in JMG Group, recognising its strong track record of growth, quality leadership, and commitment to client service.”