Shearman And Sterling

News May 10, 2021

$1.15 Billion Financing for CVC’s Acquisition of MedRisk

Shearman & Sterling advised UBS, as first-lien and second-lien Administrative Agent, on a $1.15 billion acquisition financing for MedRisk, LLC consisting of a $750 million first-lien term loan facility, a $300 million second-lien term loan facility, and a $100 million revolving credit facility to finance a portion of the purchase price for the acquisition of a majority interest in MedRisk by Bella Holding Company, LLC (CVC Capital Partners).

MedRisk provides claims services and specialty managed care solutions. It provides claims workflow management tools, delayed recovery solutions, utilization review, and functional capacity evaluations. The company also offers services in the areas of physical therapy, occupational therapy, chiropractic care, functional capacity evaluations, hand therapy, aquatic therapy, acupuncture, and physical rehabilitation.

The Shearman & Sterling team below was supported by Nicholas Kho.

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