Altas Partners Makes Strategic $1B Investment in Sedgwick; Carlyle Remains Majority
September 12, 2024
Sedgwick announced a strategic investment from Altas Partners, with Altas committing $1.0 billion of equity while current investors — led by The Carlyle Group and Stone Point Capital — remain and will make additional investments. The transaction implies a total enterprise value of approximately $13.2 billion, with Carlyle retaining its control position; the deal is expected to close in Q4 2024 and Sedgwick will remain an independent, privately held company.
- Buyers
- Altas Partners, The Carlyle Group, Stone Point Capital LLC
- Targets
- Sedgwick
- Industry
- Insurance
- Location
- Tennessee, United States
- Transaction Type
- Growth capital
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