Divestiture • Business Services

Sedgwick Acquires Stericycle Expert Solutions

On December 2, 2020, Sedgwick acquired business services company Stericycle Expert Solutions from Stericycle

Acquisition Context
  • This is Sedgwick’s 2nd transaction in the Business Services sector.
  • This is Sedgwick’s 8th transaction in the United States.
  • This is Sedgwick’s 1st transaction in Indiana.

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M&A Deal Summary

Date December 2, 2020
Target Stericycle Expert Solutions
Sector Business Services
Buyer(s) Sedgwick
Sellers(s) Stericycle
Deal Type Divestiture

Target Company

Stericycle Expert Solutions

Indianapolis, Indiana, United States
Stericycle Expert Solutions protects businesses, their customers, and the environment through best practice recall and remediation solutions. Trusted by leading brands, the company works in partnership to manage the risks and minimize the impacts of business and product crises. Since 1995, Expert Solutions has managed over 5,000 recall and remediation programs, spanning 60+ countries and 20+ languages. With operations in the U.S. and Europe, the company works with clients across industries to uphold their commitments to customers, supply chain partners, and regulators.
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Buyer Overview 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 Context for Buyer #
Overall 10 of 21
Sector: Business Services 2 of 6
Type: Divestiture 2 of 3
State: Indiana 1 of 1
Country: United States 8 of 19
Year: 2020 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-15 Time and Material

Chattanooga, Tennessee, United States

G&E Enterprises LLC is a software as a service company tailored to meet the specific needs of the construction and property loss industries. G&E Enterprises has designed and developed the industry's leading Time and Material Estimating and Billing system, which delivers accurate, consistent, and transparent estimate and billing packages for their clients. G&E Enterprises LLC was established in 2009 and is based in Chattanooga, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-02 Construction Services Co.

California, United States

Construction Services Co. is a building consulting firm, that provides cutting-edge loss assessment perspectives with a wide array of services focusing on the varied needs of the claims industry. Construction Services was founded in 1997 and is based in California.

Buy -

Seller Profile 1

SELLER

Stericycle

Bannockburn, Illinois, United States

Category Company
Founded 1989
Sector Environmental
Employees14,400
Revenue 2.7B USD (2023)
DESCRIPTION

Stericycle is a medical waste management company focused on medical waste collection, transportation, treatment, and disposal of sanitized sterilized medical waste to unrelated fourth-party owned landfills. Stericycle was founded in 1989 and is based in Bannockburn, Illinois.


Deal Context for Seller #
Overall 4 of 5
Sector: Business Services 1 of 1
Type: Divestiture 4 of 5
State: Indiana 1 of 1
Country: United States 4 of 5
Year: 2020 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-06 Stericycle - Environmental Solutions Business

Bannockburn, Illinois, United States

Stericycle, Inc. - Environmental Solutions Business (ESOL) is a provider of environmental and regulated waste management solutions. ESOL provides a strengthened infrastructure and a broad portfolio of services for customers who generate regulated waste in virtually any industry.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-01 Stericycle Communication Solutions

Bannockburn, Illinois, United States

Stericycle Communication Solutions provides online scheduling, automated messaging and strategic inbound and outbound call center services to drive patient access, action and adherence. Stericycle Communication Solutions is based in Bannockburn, Illinois.

Sell $45M