Carlyle Group and CVC Capital-backed MedRisk to acquire the casualty claims solutions business from Conduent.

Carlyle Group and CVC Capital-backed MedRisk, a provider of managed physical medicine for the workers' compensation industry and related market sectors, agreed to acquire the casualty claims solutions business from Conduent, a business services provider. Financial terms were not disclosed. "This acquisition adds to our current care and cost management solutions for workers' compensation and auto insurance carriers, third-party administrators, and self-insured employers. This will enhance our ability to provide superior claims outcomes and exceptional service for our customers. The combined technology assets from the family of companies will allow us to deliver even more unique and powerful insights for customers across all products," Sri Sridharan, MedRisk CEO.