Sedgwick CMS Holdings to Explore Strategic Options
Sedgwick CMS Holdings Inc. has retained Banc of America Securities LLC to act as its financial advisor to review strategic options.
Sedgwick CMS Holdings Inc. is a private, investor-owned company. It is the parent company and 100 percent owner of Sedgwick Claims Management Services Inc. (Sedgwick CMS), a North American provider of claims and productivity management services.
The principal shareholders of Sedgwick CMS Holdings Inc. are Marsh & McLennan Companies Inc. (MMC) through its risk and insurance services firm Marsh Inc., and Trident II, L.P., a private equity fund managed by Stone Point Capital LLC. Their ownership grew out of MMC’s acquisition of Sedgwick Group plc in 1998.
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