- David Ferguson, co-founder of GreyLion, which invested in SkinSpirit in 2018 and will remain a minority owner in the company
- GreyLion focuses on the lower middle market
- SkinSpirit was founded in 2003
KKR has made a minority investment in Palo Alto, California-based SkinSpirit, a provider of aesthetic skin and body care. No financial terms were disclosed.
Moving forward, CEO and co-founder Lynn Heublein will continue to lead the SkinSpirit.
SkinSpirit was founded in 2003.
“We see long-term opportunities for growth in medical aesthetics, a category that we have tracked closely for several years,” said Ali Satvat, a partner at KKR and global head of KKR Health Care Strategic Growth, in a statement. “Lynn and her team have built a differentiated platform that has earned the respect of providers and clients across the country.”
David Ferguson, co-founder of GreyLion, which invested in SkinSpirit in 2018 and will remain a minority owner in the company.
GreyLion focuses on investing in high-growth businesses in the lower middle market. Currently, GreyLion manages private equity funds with aggregate commitments of $1.7 billion.