Odyssey Investment Partners Acquires TrialCard

NEW YORK, November 14, 2017 - Odyssey Investment Partners, LLC and its affiliates (“Odyssey”)
announced today that it has partnered with the management team of TrialCard (the "Company") to 
acquire the Company, a leading provider of full-service pharmaceutical market access solutions, 
from Excellere Partners.  Financial terms of the transaction were not disclosed.

TrialCard, with a 17-year history of providing strategic guidance and integrated services to help 
customers deliver optimal patient outcomes, is one of the preeminent patient services organizations 
in the United States. Headquartered in Morrisville, North Carolina, the Company provides outsourced 
tech-enabled sales and marketing services to pharmaceutical, biotech, diagnostics, and medical 
device clients that help drive an improved patient experience and access for prescription 
medications. TrialCard operates under three business segments: Patient Affordability (co-pay 
savings and voucher programs), Market Access (TrialCard's hub services division), and Virtual 
Engagement (outbound tele-promotion and healthcare professional lead generation solutions).

Jeff McKibben, a Managing Principal of Odyssey, said: “TrialCard is a well-positioned business in a 
dynamic industry, led by a deep and experienced leadership team. Our investment represents a 
compelling opportunity to execute a multi-faceted growth strategy in an attractive market. We look 
forward to partnering with Mark Bouck and his team to continue building a highly valuable provider 
of outsourced services to pharmaceutical companies.”

The TrialCard management team, including CEO Mark Bouck, will continue to lead the organization 
under Odyssey's ownership.

Mr. Bouck said: “We are excited to begin our new partnership with Odyssey. During the last several 
months, it was evident that this new relationship will provide us with an experienced partner with 
the expertise and capital to support our strategy and continue developing solutions for complex 
patient access challenges. We look forward to continuing our mission to provide innovative 
solutions to pharmaceutical manufacturers, providers, pharmacies and patients.”

Brad Cornell, a Partner of Excellere Partners, added: “We are grateful for the opportunity to 
support Mark and his team in pursuit of their vision to build a leading medication adherence 
solutions provider. Our partnership enabled us to leverage Excellere’s value creation methodology 
to augment TrialCard’s service offering with complementary capabilities, enhance its systems and 
processes, and establish a scalable foundation that will position the Company to capitalize on the 
multitude of growth avenues in the industry. We continue to see strong tailwinds in the outsourced 
pharma services market, and are enthusiastic about the Company’s future with Odyssey.”

About TrialCard

TrialCard Incorporated provides product access, medication adherence, and patient support services 
on behalf of pharmaceutical manufacturers. Founded in 2000, TrialCard has become the largest 
provider of patient access programs in the industry, connecting patients with over $1.7 billion in 
annualized branded drug savings. TrialCard holds nine U.S. patents related to the processing and 
marketing of patient accessprograms. The Company is headquartered in Morrisville, North Carolina.

For more information about
TrialCard, please visit http://www.trialcard.com

About Odyssey Investment Partners

Odyssey Investment Partners, LLC with offices in New York and Los Angeles, is a leading private 
equity investment firm with more than a 20 year history of partnering with skilled managers to 
transform middle-market companies into more efficient and diversified business with strong growth 
profiles. Odyssey makes majority controlled investments in industries with a long-term positive 
outlook and favorable secular trends.

For further information about Odyssey, please visit 

About Excellere Partners

Excellere Partners is a Denver-based private equity firm with $1.36 billion of committed capital 
across Fund I, Fund II and Fund III, specializing in partnering with entrepreneurs and management 
teams. The firm employs a proven research-driven, top down investment strategy, and supports its 
entrepreneurs and management teams with a proprietary value creation process designed to enhance 
corporate and operational infrastructure for scalability and growth. Excellere’s investments are 
focused on differentiated and growth oriented companies positioned to benefit from industry 
consolidation and favorable macro- economic and demographic trends. Excellere’s targeted industry 
sectors include: healthcare services and products; energy, power and infrastructure services and 
products; industrial technology, specialty chemicals; and business services.

For more information 
about Excellere, please visit http://www.excellerepartners.com

For Odyssey Investment Partners: Mark Semer
(212) 521-4800