December 11, 2017
Weil is advising 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 is expected to close in 2018, subject to customary closing conditions and regulatory approvals. 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 advising CVC Capital Partners and Cunningham Lindsey is led by global Private Equity co-head Douglas Warner and Private Equity partner Christopher Machera and includes Private Equity associates Peter Milligan, Arnie Fridhandler, Matthew Merritt, Ololade Oladapo (Not Yet Admitted in New York) 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; Insurance partner Joseph Verdesca; 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; Insurance associate Gabriel Gershowitz; Antitrust associate Jonathan Cheng; and Complex Commercial Litigation associate Heather Novison Weaver.