One Call is a provider of cost containment services to the workers’ compensation industry. Services include diagnostics, physical therapy, post-discharge and in-home care management, transportation, dental programs and other specialty services. In December 2009, Odyssey acquired One Call Medical which was merged with MSC Care Management in August 2012 to form One Call Care Management. The company is based in Jacksonville, FL (www.onecallcm.com).
“We have enjoyed our partnership with Odyssey during which we worked together to transform our company into the industry leader. As a result of our collaborative efforts, we have deepened the value that we bring to our customers, network partners and injured workers through our suite of world-class services that support faster, more efficient and more cost-effective resolution of claims,” said Joe Delaney, President & CEO of One Call. “We have created a new standard of performance in workers’ compensation and are excited about the future with Apax Partners.”
Odyssey Investment Partners is a middle-market private equity firm with more than $3 billion under management. Odyssey makes control investments primarily in established middle-market companies in a variety of industries, including industrial manufacturing; business, financial and healthcare services; aerospace products; and localized and route-based service businesses. The firm has offices in New York and Woodland Hills, CA (www.odysseyinvestment.com).
“It has been a privilege to work with CEO Joe Delaney and the entire One Call team,” said Jeffrey McKibben, a Managing Principal at Odyssey. “We believe the company has a long runway of future growth and we wish the team continued success.”
Apax Partners invests in the technology & telecom; retail & consumer; media; healthcare; and financial & business services sectors. The firm has offices in London and New York (www.apax.com).
Jefferies served as the exclusive financial advisor to One Call Care Management in connection with this transaction.
© 2013 PEPD • Private Equity’s Leading News Magazine • 10-28-13