The largest third-party claims administrator is about to get bigger: Sedgwick on Monday announced it is acquiring York Risk Services Group.
York has nearly 5,000 employees in more than 60 offices across the U.S., as well as an international presence, the companies said in a news release.
With the acquisition of York, Sedgwick will grow to almost 27,000 employees.
The closing of the transaction is subject to customary conditions and regulatory approvals. Terms of the acquisition weren’t disclosed.
In July 2014, Canadian private equity firm Onex Corp. reportedly paid $1.33 billion to p...
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