Overview
- An affiliate of investment funds managed by KKR has signed a definitive agreement to buy all outstanding Integer Holdings shares for $127 per share in an all‑cash deal valued at about $5.7 billion.
- Integer’s board unanimously approved and recommended the sale after a strategic review that began on April 30, 2026 and considered multiple options with external advisers.
- The offer represents a large premium to recent trading, about 51.8% above Integer’s April 29 closing price and about 28.8% above the 30‑day VWAP through July 31, 2026.
- The transaction is expected to result in Integer being taken private and delisted from the New York Stock Exchange if shareholders and regulators grant approval.
- KKR has signaled plans for an employee ownership scheme and longer‑term investment in Integer’s manufacturing capacity and technology, and closing is targeted by the end of 2026 subject to customary conditions.