Private equity firm LeapFrog Investments has sold its entire stake in Goodlife Pharmacy to a Toyota-owned firm, marking its exit from the retail pharmacy chain after nine years.
LeapFrog, which acquired Goodlife in late 2016 after buying out Catalyst Fund in a Sh2.2 billion deal, sold a 30.1 percent to medicine distributor CFAO Healthcare in 2022 and has now sold the remaining 69.9 percent stake to the same entity.
