Deal Snapshot
SEDGWICK CLOSES ACQUISITION OF YORK RISK SERVICES
Monday 09 September 2019

Tennessee, US-based business solutions provider Sedgwick has closed the acquisition of New Jersey, US-based risk solutions provider York Risk Services Group, the company said. Following the close of the transaction, the Sedgwick family will comprise nearly 27,000 colleagues.
York's offerings complement Sedgwick's existing market capabilities. York is a premier provider of claims administration, managed care, specialised loss adjusting, pool administration and loss control solutions. It serves a range of clients, including corporations, the insurance industry and public entities.


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Details
Date Published: 09/09/2019
Target: York Risk Services Group
Country: USA
Sector: Insurance
Type: Corporate acquisition
Status: Closed
Vendor:
Buyer: Sedgwick
Buyer Advisor: BofA Merrill Lynch , Morgan Stanley and Co, Simpson Thacher and Bartlett , Clifford Chance US
Comment:
Terms of the deal were not disclosed

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