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Sedgwick Grows Automotive Claims Solutions Business with Two Acquisitions
Thursday 10 June 2021

US-based risk, benefits and integrated business solutions provider Sedgwick has acquired regional automotive appraisal companies Automotive Damage Appraisers of the Southwest (ADASW) and Metro Appraisal, the firm said.

These strategic acquisitions expand the reach and scale of Sedgwick's growing auto claims division in the US as the company continues to invest in building premier, end-to-end solutions for clients.

Colleagues from both companies are now part of Sedgwick's auto appraisal division.

ADASW is a regional independent appraiser of damaged cars, heavy equipment and other vehicles.

Founded in 1952, ADASW's strong presence in Colorado, New Mexico and Texas expands Sedgwick's auto claim offerings in the Southwest.

Metro Appraisal is the largest provider of independent auto appraisals in the state of Florida.

Founded in 1988 and based in the Tampa area, Metro and its team of more than 20 independent appraisers across Florida conduct approximately 50,000 damage appraisals each year.

Sedgwick expanded into the auto appraisal space in 2020 with the acquisition of Nationwide Appraisals. Today, Sedgwick is the US leader in high quality auto and heavy equipment appraisal solutions, with cutting-edge technology and a coast-to-coast network of more than 1,000 independent appraisers.

Sedgwick is a provider of technology-enabled risk, benefits and integrated business solutions.

The company provides a range of resources tailored to clients' specific needs in casualty, property, marine, benefits, brand protection and other lines.

Sedgwick's majority shareholder is The Carlyle Group; Stone Point Capital LLC, Caisse de dépôt et placement du Québec, Onex and other management investors are minority shareholders.
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Date Published: 10/06/2021

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