Announced
Completed
Synopsis
Caisse de dépôt et placement du Québec, an institutional investor that manages several public and para-public pension plans and insurance programs in Quebec, completed the $500m investment in Sedgwick Claims Management Services, a provider of technology-enabled risk and benefits solutions. "This investment, carried out alongside quality partners such as KKR and Stone Point, and under the leadership of Christian Puscasiu, Head of Americas, Private Equity, is consistent with CDPQ's strategy to invest directly in companies that stand out in their market. Sedgwick is operating in a promising market. The company has performed remarkably over time and its management has a solid track record. We particularly appreciate how resilient the company has been throughout the various cycles and its stable, long-term growth strategy, which is perfectly aligned with CDPQ's investor profile," Roland Lescure, Caisse de dépôt et placement du Québec CIO.
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