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New Deal


Announced

Sedwick to acquire York Risk Services Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

risk management

Acquisition

Private Equity

Insurance Brokers

technology risk

business solutions

Single Bidder

United States

Pending

loss adjustments

insurance services

Synopsis

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Sedgwick, a provider of technology-enabled risk, benefits, and integrated business solutions, agreed to acquire York Risk Services Group, a premier provider of claims administration, managed care, specialized loss adjusting, pool administration, and loss control solutions. Financial terms were not disclosed. The closing of the transaction is subject to customary conditions and regulatory approvals. "Joining forces with Sedgwick will provide enhanced capabilities for York's clients and new opportunities for our associates," Thomas Warsop, York chairman and CEO.

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