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ExamWorks Announces Completion of Acquisition by Leonard Green & Partners, L.P.

July 28, 2016 - WorkCompWire

Atlanta, GA – ExamWorks Group, Inc. (NYSE:EXAM), a provider of independent medical examinations, peer reviews, bill reviews, Medicare compliance services, case management services, record retrieval services, document management services and other related services, recently announced the successful completion of its acquisition by an affiliate of Leonard Green & Partners, L.P. The execution of a definitive merger agreement was announced on April 27, 2016.

ExamWorks shareholders approved the acquisition on Tuesday, July 26, 2016. As a result of the merger, each outstanding share of ExamWorks common stock was converted into the right to receive $35.05 per share in cash. Additionally, ExamWorks has become an indirect, wholly owned subsidiary of affiliates of Leonard Green & Partners, L.P.

ExamWorks common stock (NYSE:EXAM) ceased trading on the New York Stock Exchange at the close of market on July 27, 2016.

Source: ExamWorks

Filed Under: Industry News, Top Stories, Workers' Compensation

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