Focused on the crossroads of insurance,
healthcare services, investment services,
and the technologies that serve those sectors.
was acquired by
Sedgwick Claims Management Services, Inc.
a portfolio company of
Financial advisor to Absentys December 2014
Transaction Contact:
Jay Poorman
Jay Poorman

Managing Director

Sedgwick Acquires Absentys
Industry: Insurance
Type: Sell-Side M&A

Sedgwick Claims Management Services, Inc., announced today that it has acquired software application developer and service provider Absentys, LLC.

Based in Chattanooga, Tenn., Absentys builds technology platforms designed to help employers ensure compliance with federal and state leave and accommodation regulations. Its proprietary, web-based LeaveLink® and ADALink® software solutions help companies navigate the framework of the Family and Medical Leave Act (FMLA), state-specific leave laws, the Americans with Disabilities Act (ADA) and the ADA Amendments Act of 2008 (ADAAA).

Absentys's state-of-the-art software solutions are easily configured to meet each employer's unique needs and allow for self-administration or co-sourcing of leaves of absences and accommodation requests. The company's software platforms currently administer leaves of absence and accommodation requests for more than 500 organizations and 3 million workers.

"The complex and ever-changing legal requirements associated with employee leaves of absence and accommodations under the FMLA, ADA and ADAAA make it difficult for employers to consistently manage these areas and ensure compliance," said David A. North, Sedgwick president and CEO. "Combining Absentys's powerful software solutions with Sedgwick's current capabilities allows us to not only bring our industry-leading expertise to organizations seeking to self-administer their employee absence and accommodation programs, but also to augment our technology-enabled claims and productivity service offerings for large employers."