KKR Acquires Majority Stake in HealthCare Royalty Partners (HCRx)
July 30, 2025
KKR & Co. Inc. has acquired a majority ownership stake in HealthCare Royalty Partners (HCRx), a Stamford-based biopharma royalty acquisition firm. HCRx's CEO Clarke Futch will remain as CEO with a minority interest, and the HCRx team will collaborate with KKR's healthcare platform to expand KKR's life sciences and royalty financing capabilities.
- Buyers
- KKR & Co. Inc.
- Targets
- HealthCare Royalty Partners (HCRx)
- Industry
- Financial Services
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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