2 days ago · Sedgwick will leverage Bottomline’s modern and highly scalable LSM technology infrastructure, including its Legal-X and Legal eXchange web platforms, in helping clients control the cost of litigation. Pending the closing of the transaction, which is subject to customary conditions and regulatory approvals, Sedgwick plans to operate the LSM ...

2 days ago · Sedgwick, a leading global provider of claims management, loss adjusting and technology-enabled business solutions and Bottomline, a global leader in business payments and cash management, have ...

2 days ago · "Bottomline's LSM business is a strong fit for Sedgwick, and bringing these solutions in-house will enable us to better assist clients in making data driven decisions regarding their litigation ...

2 days ago · MEMPHIS, Tenn.— Sedgwick, a leading global provider of claims management, loss adjusting and technology-enabled business solutions and Bottomline, a global leader in business payments and cash management, have signed an agreement whereby Sedgwick will acquire Bottomline's industry-leading legal spend management (LSM) division.The LSM business services the property and casualty (P&C ...

18 hours ago · Sedgwick, a global leader in claims management and technology-driven business solutions, has entered into an agreement to acquire the legal spend management division of Bottomline, a well-established provider of business payments and cash management solutions.This acquisition is expected to enhance Sedgwick’s ability to help clients control legal costs through advanced legal bill review ...

1 day ago · Bottomline utilized Deutsche Bank Securities Inc. as its financial advisor and Kirkland & Ellis LLP as legal counsel on the deal. Sedgwick has operations in 80 countries and employs more than ...

2 days ago · MEMPHIS, Tenn., Feb. 20, 2025 – Sedgwick, a leading global provider of claims management, loss adjusting and technology-enabled business solutions

2 days ago · Sedgwick's majority shareholder is The Carlyle Group; Stone Point Capital LLC, Altas Partners, CDPQ, Onex and other management investors are minority shareholders. Bottomline is a global leader in business payments and cash management and a Thoma Bravo portfolio company.

1 day ago · Sedgwick is acquiring Bottomline’s legal spend management division. Sedgwick plans to operate the LSM business as a separate division, and the company anticipates transitioning roughly 300 LSM ...

1 day ago · Sedgwick has signed an agreement to acquire Bottomline’s legal spend management (LSM) division for undisclosed terms amid a challenging year ahead. Bottomline, a provider of business payments ...