SBO is pleased to announce a new private equity investment in JMG Group ("JMG"), one of the UK's fastest-growing insurance brokers. The investment is made via Synova, a longstanding private equity investment partner of Schroders Capital. Synova has been the majority shareholder of JMG since 2020.

JMG, founded and headquartered in the UK, has rapidly established itself as an industry-leading UK brokerage platform with >800 insurance professionals providing comprehensive risk management solutions to small and medium-sized enterprises and high-net-worth individuals. JMG has a differentiated strategy of acquiring local and regional brokerages and leveraging its platform to enable local offices to deliver above-market organic growth.

The investment by SBO will support JMG's strategy to further accelerate acquisitions, invest in talent, and develop its platform, positioning JMG for continued success in the UK insurance market.

The transaction is expected to close in September 2025 and will be subject to customary closing conditions.

This marks SBO's twelfth private equity investment, further diversifying its portfolio of high-quality, growth-oriented businesses with a focus on long-term value creation.

Tim Creed and Pav Sriharan, Private Equity Portfolio Managers of SBO, added: "We are pleased to be investing into JMG Group, recognising its strong track record of growth, quality leadership, and commitment to client service. We look forward to supporting the continued expansion of this outstanding insurance brokerage platform."