M&A Deal Summary

Sedgwick Acquires Candau

On September 28, 2021, Sedgwick acquired insurance company Candau

Acquisition Highlights
  • This is Sedgwick’s 9th transaction in the Insurance sector.
  • This is Sedgwick’s 14th transaction in the United States.
  • This is Sedgwick’s 1st transaction in Montana.

M&A Deal Summary

Date 2021-09-28
Target Candau
Sector Insurance
Buyer(s) Sedgwick
Deal Type Add-on Acquisition

Target

Candau

Columbia Falls, Montana, United States
Candau is a full-service claim adjusting firm that handles residential and commercial property adjusting, heavy truck and trailer, and specialty appraisals. Candau is based in Columbia Falls, Montana.

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Buyer(S) 1

Buyer

Sedgwick

Memphis, Tennessee, United States

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 16 of 20
Sector (Insurance) 9 of 10
Type (Add-on Acquisition) 14 of 18
State (Montana) 1 of 1
Country (United States) 14 of 18
Year (2021) 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-22 Managed Care Advisors

Bethesda, Maryland, United States

Managed Care Advisors is full-service case management and professional consulting organization specializing in workers’ compensation case and claims management, specialty health plan management, benefits consulting, disability and absence management, and program management, currently servicing customers throughout the United States and all U.S. Territories. MCA products and services complement customers’ business processes in order to maximize productivity, employee potential, and program outcomes. Managed Care Advisors was founded in 1997 and is based in Bethesda, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-19 Temporary Accommodations

Atlanta, Georgia, United States

Temporary Accommodations provides high-quality, temporary housing and related services to displaced policyholders. Temporary Accommodations locates temporary housing options for displaced insurance policyholders and helps to manage additional living expenses during home insurance claims following the fire, water, wind, and storm damage, and emergency evacuations. Temporary Accommodations was founded in 1996 and is based in Atlanta, Georgia.

Buy -