Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.
CDPQ, the Carlyle Group and Stone Point Acquire Sedgwick in $6.7 Billion Transaction
- Client News
- December 31, 2018
Paul, Weiss advised Caisse de dépôt et placement du Québec (CDPQ) in its acquisition, alongside funds managed by the Carlyle Group and funds affiliated with Stone Point Capital, of Sedgwick for approximately $6.7 billion. Under the terms of the deal, the previous majority shareholder KKR fully exited its position, while CDPQ and Stone Point rolled the majority of their existing investments in Sedgwick. Sedgwick is a leading global provider of technology-enabled risk, benefits and integrated business solutions.
The Paul, Weiss team included corporate partner Adam Givertz and counsel Andrea Quek; tax partner Scott Sontag; antitrust counsel Marta Kelly; and international trade counsel Richard Elliott.