K.K.R. to Buy Sedgwick, an Insurance Claims Processor, for $2.4 Billion

Thursday, January 30th, 2014 Auto Liability Risk Management Workers' Compensation

The private equity giant Kohlberg Kravis Roberts agreed on Monday to buy Sedgwick Claims Management Services, a provider of insurance claims processing, for $2.4 billion. .K.R. is buying control from Sedgwick’s existing investors, including Hellman & Friedman and Stone Point Capital.
The deal is the latest multibillion-dollar transaction by K.K.R. in recent months. Last week, the firm and Affinity and Equity Partners agreed to sell Oriental Brewery, a big Korean beer maker, back to Anheuser-Busch InBev for about $5.8 billion.


External References & Further Reading
http://dealbook.nytimes.com/2014/01/27/k-k-r-to-buy-sedgwick-an-insurance-claims-processor-for-2-4-billion/?_php=true&_type=blogs&_r=0
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