CLSA buys Japan beauty salon chain
CLSA Capital Partners (CLSA CP) has agreed to acquire 100% of Japanese beauty salon operator Puzzle for an undisclosed sum via a bolt-on with industry counterpart Agu Group.
CLSA CP took a majority stake in Agu earlier this year by investing at least JPY10 billion ($90 million) from its Sunrise Capital III fund. Sunrise III, which closed last year at a hard cap of $400 million,...
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