Oct
21
Kohlberg Kravis Investing $50 Million in Cohera Medical
BySAN FRANCISCO — Kohlberg Kravis Roberts may have become famous for its huge leveraged buyouts, including its $33 billion takeover of the hospital operator HCA.
But as the investment firm continues to push into smaller growth-equity deals, it is taking part in a $50 million investment in a decidedly smaller health care company.
KKR planned to announce on Thursday that it has led the investment in Cohera Medical, a Pittsburgh-based start-up focused on creating adhesives that can replace surgical sutures. The financing comes as Cohera prepares to begin selling its main product, TissuGlu, in the United States for “tummy tuck” procedures…
Kohlberg Kravis Investing $50 Million in Cohera Medical
