The Carlyle Group becomes majority shareholder in Sedgwick for $6.7bn

Dave North, president and CEO of Sedgwick

Private equity firm The Carlyle Group has bought KKR’s majority share in Sedgwick for $6.7bn. The risk, benefits and claims company will retain Caisse de dépôt et placement du Québec, Stone Point Capital and Sedgwick management as minority shareholders. The move follows Sedgwick’s acquisition of loss adjuster Cunningham Lindsey earlier this year. The Carlyle Group also bought almost 20% of…

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