CVC Capital Partners announced today that CVC Fund VII has signed a definitive agreement to acquire a majority interest in MedRisk. The Carlyle Group, MedRisk’s current majority owner, will retain a significant stake and maintain joint control in partnership with CVC.
Founded in 1994 and headquartered in King of Prussia, Pennsylvania, MedRisk consistently delivers clinically superior patient outcomes via the coordination and active management of physical medicine services for workers’ compensation patients. Today, the Company manages physical therapy, occupational therapy, and chiropractic treatments for more than 500,000 injured workers annually through a nationwide network across 49 states and Washington, D.C.
“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,” said Fazle Husain, Partner at CVC Capital Partners....
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