Private equity firm KKR is reportedly close to acquiring medical device outsourcing company Integer Holdings for approximately $4.3 billion, or $127 per share. The deal is expected to be announced next week, sending Integer's shares up 11%.
The potential acquisition highlights continued private equity interest in the healthcare sector and could signal further consolidation among medical device outsourcing firms.
Private equity firm KKR is reportedly nearing an agreement to acquire medical device outsourcing company Integer Holdings, according to a report by the Wall Street Journal citing sources familiar with the matter. The deal is estimated to value Integer Holdings at $127 per share and could be announced as early as next week. Following the news, shares of Integer Holdings surged 11%. The potential takeover comes amid broader private equity interest in the healthcare sector.