The Carlyle Group Along With CDPQ and Stone Point to Acquire Sedgwick in $6.7 Billion Transaction

The Carlyle Group announced that an affiliate of funds it manages, along with Paul, Weiss client Caisse de dépôt et placement du Québec (CDPQ) and funds affiliated with Stone Point Capital, will acquire Sedgwick, the U.S.’s largest insurance claims service provider, for approximately $6.7 billion. Under the terms of the deal, KKR will fully exit its position, while CDPQ will roll the majority of its existing investment in Sedgwick. Sedgwick is a leading global provider of technology-enabled risk, benefits and integrated business solutions.

The Paul, Weiss team advising CDPQ includes corporate partner Adam Givertz and counsel Andrea Quek; tax partner Scott Sontag; antitrust counsel Marta Kelly; and international trade counsel Richard Elliott.