Sedgwick (KKR)/OSG Outsource Services Group
Transaction details
The proposed acquisition by Sedgwick Claims Management Services, Inc. (controlled by KKR & Co. L.P.), through Vericlaim Ireland Limited, of the entire issued share capital and thus sole control of OSG Outsource Services Group Limited has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:24 May 2016
- Publication date:24 May 2016
- Economic sector:Financial and insurance services - L
- Economic sub-sector:Financial and insurance support - L.66
- Outcome:Cleared
Documents
M.16.024 Merger AnnouncementPDF | 106 KBM.16.024 Merger Announcement PDF | 106 KB - Opens in new window
M.16.024 DeterminationPDF | 140 KBM.16.024 Determination PDF | 140 KB - Opens in new window
Timetable
Parties Involved
Sedgwick Claims Management Services, Inc. (KKR & Co. L.P.)
Sedgwick Claims Management Services, Inc. (controlled by investment funds advised by affiliates of KKR & Co. L.P.), is a provider of technology-enabled risk and benefits solutions and risk consulting services and is the indirect parent company of Vericlaim Ireland Limited, an entity incorporated in the State for purposes of the proposed transaction.
OSG Outsource Services Group Limited
OSG Outsource Services Group Limited is a specialist third party services administrator and provides outsourcing claims solutions and administrative and recruitment placement services to the insurance, banking and related financial services markets.
Contacts
