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CVC Acquires a Majority Stake in MedRisk

The Carlyle Group is the current majority shareholder and will retain a “significant stake” along with MedRisk senior management. I could not be happier for my many friends at MedRisk; they built a company from a start-up in 1994 to it s current position as the dominant provider of physical medicine management in work comp. The speciality network business essentially started with founder Shelley Boyce s idea that grew from a business school paper (that earned a less than stellar grade). In 27 years, Shelley, Mike Ryan and their colleagues grew Medrisk to a company with hundreds of employees ensuring almost 400 thousand injured workers have received the best possible rehabilitative care.

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