Altaris Capital Partners’ $241 Million Acquisition of Intricon Corporation

Piper Sandler & Co. served as exclusive financial advisor to Intricon and Blank Rome served as legal counsel to Intricon. ArentFox Schiff LLP and Linklaters LLP served as legal counsel to Altaris.

On May 24, 2022, Altaris Capital Partners, an investment firm focused exclusively on the healthcare industry, completed the $241 million take-private acquisition of Intricon Corporation, an international joint development manufacturer engaged in designing, developing, engineering, manufacturing, and packaging miniature interventional, implantable and body-worn medical devices.

Altaris is a healthcare investment firm with an exclusive focus on building companies that deliver value to the healthcare system through innovation and efficiency. Since inception in 2003, Altaris has invested in more than 45 healthcare companies which have generated significant value appreciation for investors. 

Intricon is a Joint Development Manufacturer that integrates components and assemblies to advance micro-medical technology across a range of device platforms for global customers. Intricon approaches each engagement with an all-in commitment, working with customers every step of the way- from the earliest idea stages to ongoing production – in order to advance program performance and deliver results. 

The ArentFox Schiff team comprised of Jason L. Zgliniec (Picture), Steve E. Isaacs, Andrew M. Banks, Darcy Lee, Chris L. Bollinger, Lauralyn G. Bengel, Olga Bogush, Ben Leese, Peter T. Butler, Henry Lee Mann, Michael W. Jahnke, Michael S. Blass, Kay C. Georgi, Marwa M. Hassoun, Angela M. Santos, Hillary M. Stemple, Shoshana Golden, Amy Couchoud, Christine E. Hintze, Emily M. Leongini, Wayne H. Matelski and Karen Van Essen. 

Involved fees earner: Andrew Banks – ArentFox Schiff; Lauralyn Bengel – ArentFox Schiff; Michael Blass – ArentFox Schiff; Olga Bogush – ArentFox Schiff; Chris Bollinger – ArentFox Schiff; Peter Butler – ArentFox Schiff; Amy Couchoud – ArentFox Schiff; Kay Georgi – ArentFox Schiff; Shoshana Golden – ArentFox Schiff; Marwa Hassoun – ArentFox Schiff; Christine Hintze – ArentFox Schiff; Steve Isaacs – ArentFox Schiff; Michael Jahnke – ArentFox Schiff; Darcy Lee – ArentFox Schiff; Henry Lee Mann – ArentFox Schiff; Ben Leese – ArentFox Schiff; Emily Leongini – ArentFox Schiff; Wayne Matelski – ArentFox Schiff; Angela Santos – ArentFox Schiff; Hillary Stemple – ArentFox Schiff; Karen Van Essen – ArentFox Schiff; Jason Zgliniec – ArentFox Schiff;

Law Firms: ArentFox Schiff;

Clients: Altaris Capital Partners;

Sonia Carcano

Author: Sonia Carcano