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New Deal


Announced

Completed

Sedgwick completed the acquisition of Orchid Medical.

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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Single Bidder

Friendly

medical management solutions

Acquisition

Medical Services

Domestic

Majority

Completed

United States

Private

Synopsis

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Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, completed the acquisition of Orchid Medical, a nationwide provider of ancillary medical management solutions. Financial terms were not disclosed. "Together with Orchid, we will strengthen our holistic approach to caring for clients' injured and ill colleagues, helping them return to maximum health and productivity. This acquisition enables us to provide employers with a single point of service for a broad range of ancillary care needs while strengthening our workers' compensation and managed care capabilities and our commitment to taking care of people when they need us most," Andrea Buhl, Sedgwick President of Managed Care.

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