Sedgwick minority shareholding possibly for sale – report
Early discussions reportedly being explored
Sedgwick minority shareholding possibly for sale – report
INSURANCE NEWS
By Terry Gangcuangco
03 Aug 2023

Preliminary talks with potential equity buyers are reportedly being explored by claims management giant Sedgwick.

Citing people familiar with the matter, a Bloomberg report said there’s “inbound interest” for minority shareholding and that private deliberations are taking place ahead of a possible sales process.

Sedgwick became majority owned by global alternative asset manager The Carlyle Group following a US$6.7 billion transaction that was completed more than four years ago. At the time, Sedgwick was handling more than 3.6 million claims on an annual basis.

Meanwhile, neither Carlyle nor Sedgwick has confirmed being in discussions with suitors. 

What do you think about this story? Share your thoughts in the comments below.

Related Stories
Free newsletter

We'll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Free newsletter

Our daily newsletter is FREE and keeps you up - to - date with the world of Insurance. Please complete the form below and click on subscribe for daily newsletters from IB NZ.