KKR & Co. has announced it has acquired a majority ownership stake in HealthCare Royalty Partners (HCRx).
HCRx, founded in 2006 and based in Stamford, Connecticut, is a royalty acquisition company focused on commercial and near-commercial biopharmaceutical products.
The private equity platform of Kohlberg Kravis Roberts (KKR) & Co., which is based in New York, considers investments in all industries, including healthcare. Founded in 1976, the firm prefers to invest in a range of debt and public equity investing and may co-invest, seeking a controlling ownership of a company or a strategic minority position.
Terms of the transaction were not disclosed.
