Home / Business and Economy / KKR Nears Deal for Medical Device Maker Integer
KKR Nears Deal for Medical Device Maker Integer
1 Aug
Summary
- KKR is close to acquiring Integer Holdings, a medical device outsourcer.
- The potential deal could value Integer Holdings at $127 per share.
- Integer Holdings designs, develops, and manufactures medical devices.
KKR & Co. is reportedly nearing a significant acquisition of Integer Holdings, a prominent medical device outsourcing firm. Sources familiar with the matter indicate the deal could be finalized soon, with an offer potentially emerging as early as next week.
The proposed transaction is expected to value Integer Holdings at approximately $127 per share. The Plano, Texas-based company is recognized for its expertise in designing, developing, and manufacturing a wide array of medical devices, crucial components, and advanced technologies.
Integer Holdings has a current market value of $3.42 billion. The potential takeover by KKR signifies a major development for the company and highlights the ongoing private equity interest in the medical technology sector.
