claims industry mergers News

Sedgwick Acquires Restoration Industry Billing Software Firm, G&E Enterprises

Insurance and benefits claims firm Sedgwick reports it has acquired Chattanooga, Tennessee-based G&E Enterprises. G&E Enterprises is a tome and material billing and data management system for insurance restoration contracting. Its primary product is software-as-a-service offering T&M Pro. Sedgwick said …

Carlyle Group In, KKR Out as Sedgwick Majority Investor in $6.7 Billion Transaction

Global claims services firm Sedgwick announced today that funds managed by The Carlyle Group have agreed to become the majority owner of Sedgwick in a transaction valued at approximately $6.7 billion. Current majority shareholder KKR will fully exit its position …

Crawford Completes Acquisition of Web-Based Inspection Firm WeGoLook

Global independent claims management firm Crawford & Co. said it has completed the acquisition of a majority interest in WeGoLook, an online and mobile inspection firm that calls itself the “Uber of inspections.” Crawford said it agreed to pay $36.125 …

KKR to Buy Majority Stake in Claims Firm Sedgwick for $2.4 Billion

Sedgwick Claims Management Services Inc. said KKR & Co. LLP and company management would buy the provider of claims services for $2.4 billion, the latest in a wave of private-equity activity in the growing industry. A rising number of claims …