M&A Deal Summary

Sedgwick Acquires Orchid Medical

On May 19, 2022, Sedgwick acquired healthcare services company Orchid Medical

Acquisition Highlights
  • This is Sedgwick’s 1st transaction in the Healthcare Services sector.
  • This is Sedgwick’s 17th transaction in the United States.
  • This is Sedgwick’s 4th transaction in Florida.

M&A Deal Summary
Date 2022-05-19
Target Orchid Medical
Sector Healthcare Services
Buyer(s) Sedgwick
Deal Type Add-on Acquisition

Target

Orchid Medical

Orlando, Florida, United States
website
Orchid Medical is a provider of integrated ancillary and surgical implant cost containment solutions for the workers' compensation industry. Orchid Medical works collaboratively with claims professionals and medical providers to cost-effectively manage and deliver the appropriate care and services injured employees need to recover. Orchid Medical is based in Orlando, Florida.

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Buyer(S) 1

Buyer

Sedgwick

Memphis, Tennessee, United States

website

Category Company
Founded 1969
Sector Insurance
DESCRIPTION

Sedgwick is a global provider of technology-enabled risk, benefits and integrated business solutions. The Company provides technology-enabled claims management solutions for workers’ compensation, disability, liability, and property claims. Sedgwick was founded in 1969 and is based in Memphis, Tennessee.

DEAL STATS #
Overall 19 of 20
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 17 of 18
State (Florida) 4 of 4
Country (United States) 17 of 18
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-07 JND Legal Administration

Seattle, Washington, United States

JND Legal Administration is a management and administration company delivering service lines in a class action, bankruptcy, eDiscovery, government services, and mass tort. JND’s team of industry veterans is passionate about providing outstanding service to clients. Armed with decades of expertise and a powerful set of tools, JND has deep experience expertly navigating the intricacies of class action settlements, corporate restructuring, eDiscovery, mass tort claims, and government services. JND Legal was founded in 2016 and is based in Seattle, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-26 Sedgwick - Specialty PT Network

Memphis, Tennessee, United States

Sedgwick's Specialty PT Network specialty physical services provides a patient-centric approach to the timely care of injured employees based in Memphis, Tennessee.

Sell -
Mergr

Product

Company

Legal