KKR acquires Integer Holdings as platform investment
The transaction provides the medical device contract developer and manufacturer with long-term capital and operational flexibility to invest in capacity and innovation.
Takeaways
- Integer Holdings is a medical device contract development and manufacturing organization.
- KKR is acquiring Integer Holdings.
- The business serves medical device.
KKR agreed to acquire Integer Holdings, a medical device contract development and manufacturing organization, in an all-cash transaction valued at approximately $5.7 billion.
Integer produces finished medical devices and components for medtech companies including Abbott, Boston Scientific and Medtronic.
Private ownership will provide long-term capital for investments in capacity, technology and product development.
The transaction is expected to close by year-end, subject to shareholder and regulatory approvals.
Get tomorrow morning's tape in your inbox.
Yesterday's platforms, add-ons, recaps, and exits, cleaned up before the workday starts.