Sedgwick Claims Management Services, Inc.
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Sedgwick Claims Management Services, Inc. - overview
Established
1969
Location
Memphis, TN, US
Primary Industry
Insurance
About
Founded in 1969 by Robert Bob Young and based in Tennessee, the US, Sedgwick Claims Management Services, Inc. operates as a consulting and insurance company. Sedgwick Claims Management Services, Inc. provides consulting and insurance services, business solutions, and customer-focused programs that include technology-enabled insurance claims, productivity management solutions, and risk consulting.
The company offers claims and cost management services for workers' compensation, short and long-term disability, employee absence programs, and general, automobile, and professional liability. The firm offers integrated disability management services. The company also delivers accommodations, unemployment, travel, and medical assistance claims. Sedgwick provides property insurance claims and solutions for commercial and residential markets as well as marine claims operations.
In April 2026, Onex, through its Multi-Asset Continuation Vehicle fund, agreed to acquire Sedgwick Claims Management Services, Inc. from Ace & Company, Altas Partners, Specialty Captive Group, ExamWorks, LLC, Carlyle Group, Ardian, CDPQ, Stone Point Capital, and its Onex Partners III fund. Financial terms were not disclosed.
Current Investors
Carlyle Group, Stone Point Capital, La Caisse
Primary Industry
Insurance
Sub Industries
Consulting Services, Health Insurance, Commercial Insurance, Claims Administration & Processing
Website
www.sedgwick.com
Verticals
InsureTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Sedgwick Claims Management Services, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Announced | Sedgwick Claims Management Services, Inc. | - | ||||||||
| Add-on, Corporate Carve Out | Announced | Bottomline Technologies, Inc.'s legal spend management business | - | ||||||||
| Add-on, Trade Sale | Completed | EvolutionIQ | - | ||||||||
| Recapitalisation | Completed | Sedgwick Claims Management Services, Inc. | - | ||||||||
| Add-on | Completed | Appraisal Service of Mississippi, Inc. | - |
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