Sedgwick Claims Management Services announced that they have signed an agreement to acquire T&H Global Holdings, LLC and its subsidiaries (T&H).
T&H subsidiaries VeriClaim, Inc., VRS VeriClaim U.K. Ltd, Unified Investigations & Sciences, Inc., Cramer, Johnson, Wiggins & Associates, Inc., (CJW) and Ellis May provide specialized claims services including property loss adjusting, field investigation, third-party claims management and fire and forensics investigation services that notably complement Sedgwick’s existing capabilities.
In addition to T&H’s geographical presence in all 50 U.S. states and the U.K., this acquisition includes membership in the global vrs Adjusters’ organization that provides services in nearly 150 countries and territories on six continents.
"This is an exciting next step for Sedgwick as we continue to drive innovative solutions for employers and the industry," said David A. North , Sedgwick’s president and CEO. "Combining the vast capabilities of the T&H and VeriClaim companies with our already robust service offerings will allow us to better serve the increasingly complex needs of our clients. With an array of property adjusting services, specialized desk-top offerings and forensic investigations, we can now respond in a more comprehensive manner during the times our clients need us the most."
The strategic acquisition of T&H further solidifies Sedgwick’s status as the leading provider of specialized claims and productivity management solutions. It also expands the company’s international footprint beyond North America so it can better serve clients who operate globally.
"We are excited to join the Sedgwick organization," said Michael Arbour , president and CEO of T&H Global Holdings, LLC. "Our cultures and specialized claims expertise are truly complementary. With our combined business, we will be able to provide even better solutions for the multifaceted claims needs of our clients."
The transaction is subject to customary conditions and regulatory approvals and is expected to close in the next 60 days.