KKR agrees to acquire Integer Holdings for $127 per share, taking a 14% stake
KKR signed a merger agreement on August 2, 2026 to buy Integer Holdings Corporation at $127 a share, representing a premium of more than 70% to the Heartland Value Fund’s average cost. The firm acquired a 14.0% equity stake in Integer through swaps on October 5, 2026, and the transaction is subject to customary closing conditions. Integer closed at $126.52 on October 12, 2026, giving it a market value of about $4.3 billion.
Why it matters
The cash offer at a 70%+ premium provides Integer shareholders with a sizable immediate return, and the deal will likely take the company private, removing it from public markets. KKR’s stake gives it a foothold in the medical‑device contract manufacturing sector, which could affect future industry consolidation.
Key facts
- 1KKR signed a merger agreement to acquire Integer Holdings at $127 per share on August 2, 2026. tradingview.com
- 2KKR acquired a 14.0% stake in Integer through equity swaps on October 5, 2026. tradingview.com
- 3The $127 per share price represents a premium of more than 70% to the Heartland Value Fund’s average cost. finance.yahoo.com
- 4Integer closed at $126.52 on October 12, 2026, giving it a market capitalization of $4.3 billion. finance.yahoo.com
- 5The transaction is subject to customary closing conditions. tradingview.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.