PHC, a Japan-based healthcare brands company backed by local conglomerates Mitsubishi Chemical and Panasonic, has raised Y20bn ($181m) from consumer-focused private equity firm L Catterton.
PHC’s existing shareholders include private equity firm Kohlberg Kravis Roberts, financial services group Mitsui Life Science Institute, (a member of the Mitsubishi Chemical Holdings Group) and Panasonic.
L Catterton has previously backed other consumer healthcare services businesses including FYI Doctors, ClearChoice, 98Point6, and Patient Point.
PHC provides medical devices and health data businesses, such as the anatomical…