KKR to take majority stake in Laser Clinics Australia
KKR has acquired a majority stake in cosmetic treatments business Laser Clinics Australia (LCA) at a valuation of A$650 million ($515 million). The deal facilitates a partial exit for The Growth Fund.
Following The Growth Fund’s investment in 2014, LCA has accelerated its rollout and now has 80 clinics. The GP will retain a minority stake in the business as KKR drives further expansion of the company’s...
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