KKR Tag

SkinSpirit, the medical beauty services provider, has gained a recent investor. Private equity giant KKR has taken a minority stake in the corporate. Terms of the deal weren't disclosed, though a joint statement from each parties described the investment as “notable.” GreyLion, the firm that took a stake in SkinSpirit in 2018, will remain a minority owner within the business. SkinSpirit was founded in 2003 and has taken a measured approach to expansion, one which will probably be bolstered by the infusion from KKR. “We can have opened nine or 10 locations in 2022, and we plan to remain on that pace,” said Lynn Heublein, the corporate’s cofounder and chief executive officer. “The investment will allow us to proceed at that pace...