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Sedgwick to Acquire Legal Spend Management Division of Bottomline to Add Legal Bill Review Software Capabilities

Mergers and Acquisitions

by Bilal Chaudhry

published on Feb 20, 2025

Sedgwick is to acquire Bottomline's legal spend management (LSM) division. The division services the P&C insurance industry, carriers, TPAs, self-insured entities, and corporate legal departments with cloud-based software applications and complementary legal bill review solutions. It has around 300 employees.

LSM's assets include its Legal-X and Legal eXchange web platforms.

Sedgwick plans to operate the LSM business as a separate division.

The acqiisition adds end-to-end legal bill review software to Sedgwick's offerings.

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