The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control over Sedgwick, Inc. by funds managed by affiliates of The Carlyle Group, L.P. (“Carlyle”), both of the US. Sedgwick is a global provider of risk management solutions, including loss adjusting and third party administration insurance claims management...
Carlyle is a global alternative asset manager, managing funds that invest globally. Carlyle, through its portfolio companies, is active in third party claims administration, and inspection services related to claims management. The Commission examined the effect of the transaction on a limited number of market segments related to the provision of loss adjusting services in the UK, where the transaction gives rise to horizontal overlaps between the companies' activities. After its market investigation, the Commission concluded that the proposed transaction would raise no competition concerns, in particular in view of its limited impact on the concerned market segments. More information is available on the Commission's competition website, in the public case register under the case number M.9127.
