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