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New Deal


Announced

Completed

KKR led a $22m Series B round in TearClear.

Financials

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Transaction Value£16m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Private Equity

Acquisition

Single Bidder

United States

Private

Venture Capital

Pharmaceuticals

Domestic

ophthalmic pharmaceuticals

Completed

Synopsis

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KKR led a $22m Series B round in TearClear, an emerging ophthalmic pharmaceutical company. Participating in the raise was Visionary Ventures, Bluestem Capital and Flying L Partners, who collaborated with Falcon Vision, a platform formed by KKR to advance innovation in ophthalmology. "Stuart is a life science industry executive with proven success in pharmaceuticals, biologics, medical devices and over‐the‐counter products. His appointment further strengthens our Board and his commercial expertise will be a tremendous value to the team," Robert Dempsey, TearClear CEO.

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