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Announced

CVC Capital Partners to acquire a majority stake in ExamWorks from LGP and GIC.

Synopsis

CVC Capital Partners, a private equity and investment advisory firm, agreed to acquire a majority stake in ExamWorks, a provider of independent medical examination, peer review, document management and other related services, from Leonard Green & Partners and GIC, two private equity firms. Financial terms were not disclosed. "The ExamWorks team has built a leading enterprise from the ground up over the last 13 years; we are delighted to have the opportunity to back a team that was already well-known to us and to further build upon our partnership from an existing strong foundation," Christopher Baldwin, CVC Managing Partner.

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