For owners of UK insurance brokers

The right home for the business you spent a lifetime building.

Baxma Capital acquires established commercial insurance brokers across the UK. We are insurance specialists who respect your legacy, look after your people and clients, and invest to help the business grow.

Confidential and no obligation Founder led and personal Insurance and AI specialists
What we do

We buy good brokers and help them go further

If you have built a respected brokerage and are thinking about retirement or your next chapter, the question is not only price. It is who looks after what you built.

We protect your legacy

Your name, your people and your client relationships are the value in the business. We respect them and build on them, rather than stripping them out.

We understand insurance

We know broking, your clients and the FCA world you work in. You deal with people who speak your language, not generalist investors learning the sector.

We invest to grow

We bring capital, practical AI and modern technology, and a strong support network, so the business and your team can do more, not less, after you step back.

We believe the people, the relationships and the reputation are the business. Our job is to protect them, and to help them grow.
Baxma Capital
£500k+
Profit or EBITDA we look for
UK wide
All regions considered
Confidential
Discreet from first contact
Founder led
You deal with a principal
Not every buyer is the same

A different experience for you and your team

Many owners fear selling to a faceless institution that treats the business as a number. We work differently, and the difference shows from the first conversation.

More about our approach

Selling to Baxma Capital

  • You deal directly with the founder, start to finish
  • Insurance specialists who understand your business
  • We invest in the business and back your team
  • A respectful, confidential and straightforward process
The bench behind us

A founder, backed by serious deal making expertise

Baxma Capital works in partnership with the 5D board, an experienced group of M&A, legal, financial and funding specialists who support every acquisition.

Meet the team and advisory board
Planning your next chapter?

Let us have a quiet, confidential conversation

No pressure and no obligation. Whether you are ready now or simply planning ahead, we would value the chance to talk and to listen.

Get in touch
About Baxma Capital

We care about what happens next.

Baxma Capital was founded on a simple belief. The businesses people spend a career building deserve a buyer who understands them, and who treats the people inside them with respect.

Who we are

A focused buyer of UK insurance brokers

Baxma Capital acquires established commercial insurance brokers across the UK. We focus on this one sector because focus is what lets us add real value.

Many owners worry that selling means handing the business to someone who sees only a spreadsheet. We take a different view. The team, the relationships and the reputation are the business, and our job is to protect them and help them grow.

Baxma Capital, UK insurance brokers
What we stand for

Our principles

The commitments that guide how we work with every owner we meet.

We understand the business

We are insurance people first. We know what makes a brokerage valuable and what would damage it, so we protect the things that matter.

We respect your legacy

The name you built and the trust behind it took years to earn. We treat that legacy with the care it deserves.

We look after people

Your team and your clients are the reason the business works. We provide stability, opportunity and support, not upheaval.

We act with integrity

Straight answers, fair terms and complete confidentiality, from the first conversation through to completion.

Want to know if we are the right fit?

The best way to find out is a short, confidential conversation. There is no commitment in talking.

Start a conversation
Our approach

A fair and respectful process.

Selling the business you built should feel like passing it to someone you trust. Here is how we think, and exactly how we work.

How we think

What you can expect from us

We listen first

Every business and every owner is different. We start by understanding what matters most to you and your team.

We are straight with you

Clear terms and honest conversations. The deal we discuss is the deal we aim to do, with no games or last minute changes.

We move at your pace

A sale is personal. We flex the timeline and your ongoing role around what is right for you.

We protect, then improve

First we safeguard what works. Then we invest in technology, capacity and support to help the business grow.

We keep it confidential

Discretion at every stage. Nothing is shared, and you stay in control of the process throughout.

We are ready to act

Backed by an experienced advisory and funding network, we can move quickly and with certainty when the fit is right.

How it works

A clear path, no surprises

Most owners tell us the process is far simpler and more respectful than they expected.

01

Confidential conversation

A relaxed, private call to understand your business and what you want from a sale. No documents and no obligation.

02

Mutual fit and offer

If there is a fit, we share an honest, indicative valuation and outline of terms early, so there are no surprises.

03

Respectful due diligence

Efficient and discreet, handled by our professional bench. We work around you and your team, not in their way.

04

Completion and handover

We complete on the terms agreed, and support a smooth transition for your people and your clients.

Acquisition criteria

The businesses we are looking for

We share our criteria openly, because we would rather have the right conversations than many.

Sector
Commercial insurance brokers across the UK
Profit
Typically £500k or more in annual profit or EBITDA
Location
United Kingdom, all regions considered
Profile
Established and profitable, with loyal clients and a capable team
Situation
Owners planning retirement, succession or a step back
Regulation
FCA authorised firms, whose standing we respect and protect

Not quite a match on every point? Please still get in touch. We consider every opportunity on its merits and in complete confidence.

Common questions

What owners ask us

What happens to my staff?
Your team is central to the value of the business, and to our plans for it. We invest in good people and look to give them more opportunity, not less.
What about our clients?
Protecting client relationships is a priority. We aim for continuity of service and a smooth, well managed transition.
Do you understand insurance?
Yes. Insurance broking is our focus. We understand distribution, client relationships and FCA regulation, and we work with experienced sector advisors.
Is my enquiry confidential?
Completely. Every conversation is private and without obligation. Nothing is shared, and you control the pace at every step.
How long does it take?
It varies by business, but we move efficiently and flex around your timeline. We are backed to act quickly when the fit is right.
What is the first step?
A short, confidential call. No documents are needed to start, and there is no commitment in talking.
What we bring

The support to help your business go further.

A good buyer should leave the business stronger than they found it. Here is what we bring to the brokers we acquire, and why it matters for your team and your clients.

01

Insurance expertise

We understand commercial broking from the inside, including distribution, client relationships, capacity and FCA regulation. We respect how the business actually works, and protect what makes it valuable.

02

AI and technology

We bring practical AI and modern technology to traditional broking, applied only where it genuinely adds value: taking admin off your team, speeding up service and surfacing opportunities, so your people spend more time with clients and less on paperwork. AI supports your people here, it never replaces the relationships that make the business valuable.

03

Investment and capacity

We provide capital and resources to invest in growth, whether that is hiring, new lines, better systems or stronger market access. The business gains the means to do more.

04

Group strength and support

As part of a focused group, your business gains scale, shared expertise and back office support, while keeping the local character and relationships your clients value.

Our technology edge

Modern capability, applied with care

Baxma Capital is led by people with a deep background in artificial intelligence and financial services. But we start with the business, not the technology. We apply AI only where it genuinely helps, we leave well alone what already works, and we introduce any change gradually and with respect for how you operate.

Less admin

AI takes care of routine processing and paperwork, so your team spends time with clients instead of data entry.

Better service

Faster quotes, renewals and responses, with fewer things slipping through the cracks, so clients feel well looked after.

Smarter growth

We help surface opportunities already sitting in your book, from cross sell to retention, that are easy to miss day to day.

Your clients keep dealing with the people they know. The technology simply works quietly in the background.

Why it matters to you

Continuity for your clients, opportunity for your team

A retiring owner often faces a hard choice. Sell to a large consolidator with scale but little personal care, or to a buyer who means well but cannot take the business forward.

We aim to offer both. The understanding and care of a specialist, with the investment and support of a group, so the business you built keeps serving clients and giving your people room to grow.

Growth and value

Curious how we would support your business?

Let us talk it through, confidentially and with no obligation.

Start a conversation
The people behind Baxma Capital

Founder led, expertly backed.

You deal directly with the founder, supported by an experienced advisory board of M&A, legal, financial and funding specialists who help us acquire and improve with confidence.

Charles Elegbede, Founder
Founder

Charles Elegbede

Founder, Baxma Capital

Charles founded Baxma Capital to bring something the broking market rarely sees in a buyer: a deep background in artificial intelligence and financial services, paired with genuine respect for the businesses he acquires and the people inside them.

He has built and led the fintech vertical at one of the largest insurtech firms, giving him a deep, practical understanding of insurance distribution and the realities of running a modern brokerage. He developed his expertise in artificial intelligence at Microsoft. And as a serial founder who has built businesses from the ground up, he knows first hand what it takes to create something lasting, and what it means to hand it on to the right people.

His thesis is simple. Well run brokerages hold real value that modern technology can protect and extend, without ever losing the relationships at their heart. Charles leads every conversation personally, and brings that AI and financial services capability to help each business run better, serve clients faster and grow, while the name and the people behind it stay firmly in place.

Advisory board

Decades of deal making in your corner

Baxma Capital works in partnership with the 5D board. This experienced bench supports our diligence, structuring and funding, and brings institutional rigour to every acquisition.

Dee Ludlow

Dee Ludlow

5D Partner

M&A and acquisitions, with 30+ acquisitions completed

Craig Hill

Craig Hill

5D Partner

Private equity, multiple exits, background across FCG, AEA and KKR

Kush Birdi

Kush Birdi

5D Partner

M&A legal, founder of Birdi & Co solicitors

Sharon Dhillon

Sharon Dhillon

5D Partner

Chartered accountant, cross border financial due diligence

Kevin Griffiths

Kevin Griffiths

5D Partner

M&A accounting, YGM Group

Rohan Badenhorst

Rohan Badenhorst

5D Partner

M&A accounting, YGM Group

Jag Saran

Jag Saran

5D Partner

Buy side debt advisory and acquisition funding

Sam Gillmore

Sam Gillmore

5D Partner

Private banking, Coutts

Sam Jeeves

Sam Jeeves

5D Partner

Institutional acquisition funding

The advisory board supports Baxma Capital through the 5D partnership and is not employed by Baxma Capital.

Prefer to speak to a person?

You will always deal with a real decision maker at Baxma Capital, never a call centre or a committee.

Start a conversation
BAXMA CAPITAL

A focused buyer of established UK commercial insurance brokers. We respect legacy, look after people and clients, and invest to help good businesses grow.

Baxma Capital is a holding company. This website is for general information and does not constitute financial, legal or investment advice. Baxma Capital Ltd, registered in England and Wales, company number 17252855.

© 2026 Baxma Capital. All rights reserved.
Confidential · Founder led · Insurance focused