CVC Capital Partners has announced it signed an agreement to acquire a majority interest in ExamWorks.
ExamWorks, based in Atlanta, is a provider of independent medical examinations, peer reviews, document management and related services.
CVC, with U.S. offices in New York and San Francisco, is a global private equity and investment advisory firm. Founded in 1981, CVC states that its private equity platform manages about $87 billion of assets and comprises four strategies: Europe/Americas, Asia, strategic opportunities and growth partners.
The current owners of ExamWorks, Leonard Green & Partners and GIC, will retain significant equity stakes in the business alongside CVC and the ExamWorks senior management team.
Terms of the acquisition were not disclosed.