Altas Partners to invest $1bn in Carlyle and Stone Point-backed Sedgwick.

Altas Partners, a North American private equity firm, agreed to invest $1bn in Carlyle and Stone Point-backed Sedgwick, a claims management, loss adjusting and technology-enabled business solutions provider. "This new partnership with Altas, and our current stakeholders, brings together a strategic vision that builds our global footprint, expands comprehensive service capabilities and enhances our business for decades to come. Altas has a history of actively supporting companies in its portfolio, and they are very knowledgeable in the challenges our clients face in today's competitive business environment. We look forward to leveraging their expertise as informed and engaged strategic allies as we continue to lead the industry in innovation and enable clients to thrive by helping them navigate the unexpected," Mike Arbour, Sedgwick CEO.