Sterling Partners Sells Paradigm Management Services

Sterling Partners announced on Wednesday that it sold Paradigm Management Services to Lightyear Capital. Terms of the transaction were not disclosed. Paradigm, employs 400 at its Walnut Creek, Calif. headquarters, according to a press release from Lightyear. The company provides complex and catastrophic medical management services in the workers’ compensation industry, focusing on complex case management of acute and ongoing catastrophic and traumatic brain injuries, spinal cord injuries, amputations, burns, wounds and chronic pain.Sterling is a Chicago-based private equity firm with app...