Carlyle pulls plans to sell Sedgwick minority stake
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Carlyle pulls plans to sell Sedgwick minority stake

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Private equity house Carlyle Group called a halt to work on a minority stake sale in claims platform Sedgwick Claims Management as valuations in the TPA space did not match expectations, this publication can reveal.

Sources said the PE heavyweight shelved the stake sale plans earlier this year as multiples in the adjusting segment remain under pressure amid a current challenging macro environment.

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