MergerAug 3, 2026, 06:34 AM
Integer Holdings to be Acquired by KKR for $5.7B, Stockholders Get $127/Share
AI Summary
Integer Holdings Corporation announced a definitive agreement to be acquired by KKR for an enterprise value of $5.7 billion, with stockholders receiving $127 per share in cash. This transaction led the company to withdraw its financial outlook and cancel its earnings call. Concurrently, Integer reported Q2 2026 results, with sales decreasing 2.6% to $464 million and GAAP diluted EPS from continuing operations falling 34% to $0.69. Non-GAAP adjusted EPS, however, increased 3% to $1.60.
Key Highlights
- KKR to acquire Integer Holdings for $5.7 billion enterprise value.
- Stockholders to receive $127 per share in cash.
- Q2 2026 sales decreased 2.6% to $464 million.
- Organic sales decreased 1.5% in Q2 2026.
- GAAP diluted EPS from continuing operations decreased 34% to $0.69.
- Non-GAAP adjusted EPS increased 3% to $1.60.
- Total debt increased $53 million to $1.238 billion since end of 2025.
- Cardio & Vascular sales decreased 2% to $280 million.
Price Impact
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