February 9, 2024
Goldman Sachs Group Inc. was sued by a Hollywood business management firm that claims it was strung along as a mergers and acquisitions client while the bank pursued a much larger $7 billion deal with a private equity firm. In …
January 11, 2024
Six independent claims shops are joining forces under a common brand name, Claim Assist Solutions, and will share a propriety claims management system. “Coming under a common name, while maintaining existing brand identities, conveys all the capabilities we can offer …
September 19, 2023
Private equity firm Advent International is exploring a sale of CCC Intelligent Solutions Holdings Inc., a provider of software to the car insurance industry that has a market value of $7.1 billion, people familiar with the matter said on Friday. …
December 2, 2022
Canadian Imperial Bank of Commerce (CIBC) said on Friday it would appeal a New York court’s ruling in a lawsuit brought against the bank by an entity of U.S. private equity firm Cerberus Capital Management. Cerberus had alleged that CIBC …
December 22, 2013
Private equity-owned Sedgwick Claims Management Services Inc., one of the largest U.S. providers of claims services, is exploring a sale that could value it at more than $2 billion, according to four people familiar with the matter. Sedgwick, which was …