The Tip Desk

Integer Holdings agrees to KKR acquisition for $5.7 billion

Stockholders will receive $127 per share in the all-cash transaction.

Integer Holdings (ITGR), the medical device manufacturer, entered into a definitive agreement to be acquired by KKR in an all-cash transaction.

The deal values the company at an enterprise value of approximately $5.7 billion. Under the terms of the agreement, Integer stockholders will receive $127 per share.

Integer withdrew its previously issued financial outlook. The withdrawal was due to the pending transaction with KKR.