Oct 29, 8:00 AM ET
Integer Holdings reported third quarter 2026 results, with sales down 3.9% to $450 million and GAAP diluted EPS from continuing operations down 61% to $0.43 from a year earlier. The company gave no financial outlook because its pending acquisition by an affiliate of KKR-managed investment funds is expected to close by the end of 2026, subject to remaining conditions including regulatory approvals.
- Sales fell 3.9% to $450 million; organic sales fell 2.2%, with Cardio & Vascular down 5% and Other Markets down 49.7% on the Portable Medical exit.
- GAAP operating income was $28 million, down 50%; GAAP income from continuing operations was $15 million, down 62%.
- Non-GAAP adjusted EPS was $1.34, down 25%; adjusted EBITDA was $88 million, down 17%.
- Total debt rose $34 million to $1.219 billion since year-end 2025; no financial outlook was provided, and stockholders approved the merger on October 21, 2026.
Read the filing on SEC.gov ↗
Oct 21, 5:10 PM ET
Integer Holdings' stockholders voted at a special meeting on October 21, 2026, to adopt the Merger Agreement with Armstrong Parent, Inc., an affiliate of investment funds managed by Kohlberg Kravis Roberts & Co. L.P. The company said the transaction is expected to close by the end of 2026, subject to customary closing conditions, including required regulatory approvals. The filing does not state the per-share price, so shareholders' payment terms are not described here.
- First Proposal (adopt the Merger Agreement and Merger): 26,065,335 votes for, 10,513 against, 1,993 abstentions; about 99.95% of votes cast were in favor.
- Quorum: 26,077,841 shares, about 76.70% of the 33,997,068 shares outstanding on the September 8, 2026 record date, were present.
- Second Proposal (advisory vote on merger-related executive pay): 23,859,897 for, 2,172,522 against, 45,422 abstentions; approved.
- Third Proposal (adjournment) was not voted on because it was not needed.
Read the filing on SEC.gov ↗
Aug 4, 4:32 PM ET
On August 2, 2026, Integer Holdings agreed to be acquired by Armstrong Parent, Inc. and Armstrong Bidco, Inc., which are affiliates of investment funds managed by KKR. Under the merger agreement, each common share would convert into the right to receive $127 in cash, and Integer would survive as a wholly owned subsidiary of Parent. Shareholders would receive cash in place of their shares, and the deal depends on shareholder approval, antitrust clearance and other conditions.
- Merger consideration of $127 in cash per common share, without interest, agreed on August 2, 2026
- Closing requires approval by holders of a majority of outstanding common shares, plus Hart-Scott-Rodino and other antitrust clearances; the merger is not subject to a financing condition
- Either party may terminate if the merger is not completed by May 2, 2027 (the Outside Date)
- An equity commitment letter from KKR Core II Holding Company LLC and debt commitments from lenders are described as financing for the deal
Read the filing on SEC.gov ↗
Aug 3, 6:32 AM ET
Integer Holdings reported second quarter 2026 sales of $464 million, down 2.6%, and GAAP diluted EPS of $0.69, down 34%. The same day, it agreed to be acquired by an affiliate of funds managed by KKR in an all-cash deal valued at an enterprise value of $5.7 billion, with stockholders receiving $127 per share.
- Q2 2026 sales decreased 2.6% to $464 million; organic sales decreased 1.5%.
- GAAP diluted EPS from continuing operations was $0.69, down $0.35 or 34%; non-GAAP adjusted EPS was $1.60, up 3%.
- Integer stockholders will receive $127 per share in cash under the definitive agreement with KKR.
- Integer withdrew its previously issued financial outlook and cancelled its August 6, 2026 earnings call.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
