Fulcrum Exits Curation Healthcare, Makes 15 Times Return
Fulcrum, a founder focused private equity firm from Chennai recently announced a partial exit from leading Indian dermatology products company Curatio Healthcare. The equity company is selling a portion of its stake to ChrysCapital which is an Indian focused investment firm possessing around $3 billion of assets under their wing.
Although the exact amount of the deal remained unrevealed, Fulcrum received a cash return of 15 times the capital they invested and an Internal Ratio of Return (IRR) striking at 40%.
This is already the second partial exit of Fulcrum from Curatio. Back in 2015, Fulcrum sold an important portion of their stakes in the dermatology products company to Sequoia and received 6 times the capital they invested.
Fulcrum first became associated with Curatio in 2005...