Paul, Weiss advised the Caisse de dépôt et placement du Québec (CDPQ), longtime investor to leading claims management services company Sedgwick, in a $1 billion significant minority investment in Sedgwick led by Altas Partners. Under the terms of the transaction, CDPQ continues its support of Sedgwick as a minority shareholder, alongside Onex Corporation. Following the investment by Altas, Sedgwick’s total enterprise value is now approximately $13.2 billion.

The Paul, Weiss team was led by corporate partners Megan Spelman and Adam Givertz, and included, among others, corporate counsel Robert Balis; and tax partner Scott Sontag.