Monday, July 16, 2018

Carlyle Buys Skin Stimulation Tech Company

Private Equity News reported:

Carlyle Group LP has agreed to buy a majority stake in LPG Systems SA, a maker of skin-stimulation devices for non-surgical cosmetic and medical treatments.

LPG is positioned to take advantage of the rising demand for non-surgical, natural treatments for fat reduction, burn treatment and neuro-physical training.
The French company was founded in 1986, one year before The Carlyle Group was formed.

Private equity underwriters played a key role in the last two decades in enriching the wealthiest and keeping down worker pay/benefits.

After helping fatten up the super rich a new Carlyle affiliate can help them slim down with a HUBER 360.