Carlyle Group in talks to buy Sedgwick Claims: Reuters
U.S. private equity firm Carlyle Group LP is in talks to acquire Sedgwick Claims Management Services Inc, the largest U.S. insurance claims service provider, for more than US$6 billion, including debt, sources told Reuters. Carlyle has made a higher offer for Sedgwick than U.S. buyout firm Hellman & Friedman LLC, a former owner of the company that is also competing to acquire it, the sources said. Sedgwick’s owners, U.S. buyout firm KKR & Co LP, Stone Point Capital and Canadian pension fund Caisse de dépôt et placement du Québec, are hoping they can clinch a deal as early as this week.
12 September 2018•2 mins read
