Sedgwick (KKR) / OSG Outsource Services Group [2016] IECompA m16024 (25 May 2016)
Transaction details
The proposed acquisition by Sedgwick Claims Management Services, Inc. (controlled by KKR & Co. L.P.), through Vericlaim Ireland Limited, of the entire issued share capital and thus sole control of OSG Outsource Services Group Limited has been cleared by the Competition and Consumer Protection Commission.
| Economic sector | Media merger |
| Risk and benefit solutions and outsource services | No |
Notification date: Wednesday, May 25, 2016
| Parties Involved | Business activities |
| Sedgwick Claims Management Services, Inc. (KKR & Co. L.P.) | Sedgwick Claims Management Services, Inc. (controlled by investment funds advised by affiliates of KKR & Co. L.P.), is a provider of technology-enabled risk and benefits solutions and risk consulting services and is the indirect parent company of Vericlaim Ireland Limited, an entity incorporated in the State for purposes of the proposed transaction. |
| OSG Outsource Services Group Limited | OSG Outsource Services Group Limited is a specialist third party services administrator and provides outsourcing claims solutions and administrative and recruitment placement services to the insurance, banking and related financial services markets. |
| Case Officer Assigned | Contact Details |
| Barry O'Donnell | Tel: (+353)1 470 3696
e-mail: barryodonnell@ccpc.ie |
|
Media Enquiries |
MKC Communications: 01 7038600 |
The deadline for any third parties who wish to make submissions regarding the competition aspects of this merger is:
| Phase 1 |
| Thursday, June 9, 2016 |
|
Current status |
Completed |
Cleared (Phase 1) |
Decision date: Friday, June 24, 2016
