Stone Point Capital to Acquire Genex Services

Genex Services, a workers’ compensation cost-containment company, is being acquired by private equity firm Stone Point Capital LLC. Funds managed by Stone Point will buy Genex Services from funds advised by another private equity firm, Apax Partners, Genex announced on Friday. The transaction is expected to close in the first quarter of this year. Founded in 1978, Genex offers services including utilization management, case management, bill review, independent medical examinations, Medicare set-asides, and Social Security Disability Insurance representation. In August, Genex announced ...