April 16, 2018
Weil advised CVC Capital Partners and Cunningham Lindsey in the sale of Cunningham Lindsey to Sedgwick Claims Management Services, Inc. Sedgwick Claims Management Services, Inc. is a leading global provider of technology enabled risk and benefits solutions and Cunningham Lindsey is a global loss adjusting, claims management and risk solutions firm. The transaction closed on April 16, 2018. Financial terms of the transaction were not disclosed.
Weil also advised CVC Capital Partners in its acquisition of majority control of Cunningham Lindsey in 2012.
The Weil team that advised CVC Capital Partners and Cunningham Lindsey was led by global Private Equity co-head Douglas Warner and Private Equity partner Christopher Machera and included Private Equity associates Peter Milligan, Arnie Fridhandler, Matthew Merritt, Ololade Oladapo and Julian Zhong (Not Yet Admitted in New York); Banking & Finance partner Allison Liff; Tax partner Mark Schwed; Head of Private Equity Executive Compensation & Benefits partner Michael Nissan; Complex Commercial Litigation partner John Mastando III; Executive Compensation & Benefits counsel Steven Margolis; Antitrust counsel Vadim Brusser; Banking & Finance associate Tom Hashagen; Tax associate Irene Kim; Executive Compensation & Benefits associate Zahava Blumenthal; and Complex Commercial Litigation associate Heather Novison Weaver.