Flexpoint To Sell T&H Global To Sedgwick

(RTTNews) - Private equity firm Flexpoint Ford LLC on Wednesday agreed to sell T&H Global Holdings LLC to Sedgwick Claims Management Services Inc. The primary investors of Sedgwick are affiliates of Kohlberg Kravis Roberts & Co. L.P. (KKR) and Stone Point Capital LLC. VeriClaim has been majority owned by affiliates of Flexpoint since March 2011.

T&H Global Holdings LLC, through its subsidiaries provides specialized insurance claims services to insurance carriers, insurance brokers, corporations and public entities. The company was founded in 1918 and is headquartered in Naperville, Illinois.

The transaction is expected to close within the next 60 days.