Announced
Financials
Tags
Private Equity
physical medicine
United States
Majority
Single Bidder
Medical Services
Domestic
Private
Friendly
Acquisition
Pending
Synopsis
CVC Capital Partners agreed to acquire a majority stake in MedRisk, a provider of managed physical medicine services, from The Carlyle Group, for $1.15bn. "MedRisk has an excellent reputation and a proven ability to improve access to high-quality care, which has enabled the company to become the industry leader in managed physical therapy for injured workers. We look forward to working closely with the talented team at MedRisk and our friends at Carlyle to continue the compelling growth trajectory of the company while ensuring that patients continue to receive the highest quality service," Fazle Husain, CVC Capital Partners Partner.
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