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Manchester Evening News
Manchester Evening News
World
Jon Robinson

Major growth plans for hair transplant clinic used by Joe Swash and Gareth Gates

A hair transplant clinic used by celebrities such as actor Joe Swash and singer Gareth Gates is planning major growth after securing a £7m investment.

The KSL Clinic, which has a site in Salford, will use the extra funding to create jobs and open new locations across the country.

The business, which was founded by Lloyd Hume in 2016, has been backed by private equity firm Foresight Group.

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As well as its clinic in Greater Manchester, the company also has a site in Kent.

Some of the firm's celebrity clients have also included rugby star Stuart Hogg as well as a host of other sports and contestants on Love Island and Dancing on Ice.

As part of the investment, Mark Edwards will join as CEO and Mike McGrath as chairman.

Mr Edwards said: "Partnering with Foresight marks an exciting phase in KSL's journey. Lloyd and the team at KSL have built a great business and with Foresight on-board we have ambitious plans to increase our clinical reach to deliver excellent outcomes for more patients."

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Hugh Minnock, investment director at Foresight, added: "KSL is an exciting business and we saw great potential in what has been built to date, along with the wider market.

"We are delighted to partner with KSL and are confident that with this injection of growth capital, Mark, Mike and the KSL team will accelerate growth and achieve their business ambitions."

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