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ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Integer Holdings Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - ITGR
TMX Newsfile· 2025-12-14 14:17
Core Viewpoint - A class action lawsuit has been filed against Integer Holdings Corporation for allegedly making materially false and misleading statements regarding its competitive position and sales performance in the electrophysiology manufacturing market during the specified Class Period from July 25, 2024, to October 22, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Integer overstated its competitive position in the electrophysiology manufacturing market and mischaracterized its EP devices as long-term growth drivers for its cardio and vascular segment [5]. - It is alleged that Integer experienced a deterioration in sales for two of its EP devices, contradicting its claims of strong customer demand [5]. - The lawsuit asserts that the positive statements made by the defendants about Integer's business and prospects were materially false and misleading, leading to investor damages when the true information became public [5]. Group 2: Participation Information - Investors who purchased Integer common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm for more information [3][6]. - A lead plaintiff must file a motion with the court by February 9, 2026, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in handling such cases [4].
ITGR Stockholder Alert: Robbins LLP Reminds Investors of the Integer Holdings Corporation Securities Class Action
Prnewswire· 2025-12-13 01:46
Core Viewpoint - A class action has been filed against Integer Holdings Corporation (ITGR) for allegedly misleading investors about the demand for its electrophysiology (EP) devices, which has reportedly declined significantly [2][3]. Group 1: Allegations and Market Position - The complaint claims that Integer Holdings Corporation misrepresented its market position in the growing EP market and overstated the demand for its EP devices [2]. - Contrary to the company's claims, demand for Integer's EP devices has significantly decreased, with revenue growth from these devices decelerating instead of outpacing market growth [2]. Group 2: Financial Guidance and Stock Impact - On October 23, 2025, Integer revised its full-year 2025 guidance, projecting net sales growth of -2% to 2% and organic sales growth of 0% to 4% for 2026 [3]. - The company acknowledged that two of its EP devices faced slower-than-expected market adoption, which is anticipated to continue affecting demand into 2026 [3]. - Following this announcement, Integer's stock price dropped by $35.22 per share, a decline of over 32%, closing at $73.89 per share on the same day [3].
ITGR Investors Have Opportunity to Lead Integer Holdings Corporation Securities Fraud Lawsuit
Prnewswire· 2025-12-12 22:20
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of common stock of Integer Holdings Corporation (NYSE: ITGR) for the period between July 25, 2024, and October 22, 2025, due to alleged misleading statements regarding the company's competitive position and sales performance in the electrophysiology market [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Integer Holdings Corporation overstated its competitive position in the electrophysiology manufacturing market and mischaracterized its EP devices as long-term growth drivers for its cardio and vascular segment [5]. - It is alleged that Integer experienced a deterioration in sales related to two of its EP devices, contradicting its claims of strong visibility into customer demand [5]. - The lawsuit asserts that the positive statements made by the defendants about Integer's business and prospects were materially false and misleading, leading to investor damages when the true details became public [5]. Group 2: Participation Information - Investors who purchased Integer common stock during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact Phillip Kim, Esq. for more information [3][6]. - A lead plaintiff must file a motion with the court by February 9, 2026, to represent other class members in the litigation [1][3].
ROSEN, LEADING INVESTOR COUNSEL, Encourages Integer Holdings Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - ITGR
Globenewswire· 2025-12-12 19:10
NEW YORK, Dec. 12, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of Integer Holdings Corporation (NYSE: ITGR) between July 25, 2024 and October 22, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 9, 2026. SO WHAT: If you purchased Integer common stock during the Class ...
ITGR INVESTOR ALERT: Integer Holdings Corporation Investors with Substantial Losses Have Opportunity to Lead the Integer Holdings Class Action Lawsuit
Prnewswire· 2025-12-11 23:56
Core Viewpoint - Integer Holdings Corporation is facing a class action lawsuit for allegedly making false statements and failing to disclose critical information regarding its competitive position and sales performance in the electrophysiology market [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled West Palm Beach Firefighters' Pension Fund v. Integer Holdings Corporation and covers purchasers of Integer Holdings common stock from July 25, 2024, to October 22, 2025 [1]. - Investors have until February 9, 2026, to seek appointment as lead plaintiff in the lawsuit [1][5]. - The lawsuit alleges that Integer Holdings overstated its competitive position and misrepresented the sales performance of its electrophysiology devices [3]. Group 2: Allegations and Financial Impact - The lawsuit claims that Integer Holdings experienced a deterioration in sales for two of its electrophysiology devices, contradicting its claims of strong customer demand [3]. - On October 23, 2025, Integer Holdings lowered its full-year 2025 sales guidance, which was below analysts' expectations, and projected net sales growth of -2% to 2% for 2026 [4]. - Following the announcement, the stock price of Integer Holdings fell by more than 32% [4]. Group 3: Company Background - Integer Holdings operates as a medical device contract development and manufacturing company [2]. - The company is involved in the electrophysiology market, which is experiencing growth, but Integer Holdings' position within this market has been called into question [3].
Grabar Law Office Investigates Claims on Behalf of Long-term Shareholders of Integer Holdings, Corp. (ITGR)
Newsfile· 2025-12-11 21:22
Core Viewpoint - Grabar Law Office is investigating claims against Integer Holdings, Corp. regarding potential breaches of fiduciary duties by certain officers and directors [1][3]. Group 1: Investigation Details - The investigation focuses on whether officers and directors of Integer Holdings, Corp. breached their fiduciary duties to the company [1]. - Shareholders who purchased shares prior to July 25, 2024, and still hold them can seek corporate reforms and the return of funds at no cost [2][4]. Group 2: Allegations of Misconduct - A federal securities fraud class action complaint alleges that Integer Holdings made materially false and misleading statements about its business and operations [3]. - Specific allegations include: 1. Integer overstated its competitive position in the EP manufacturing market [3]. 2. The company experienced a deterioration in sales for two of its EP devices, contrary to claims of strong customer demand [3]. 3. Integer mischaracterized its EP devices as long-term growth drivers for its C&V segment [3]. 4. Positive statements made by the defendants about the company's prospects were materially false and lacked a reasonable basis [3].
Bronstein, Gewirtz & Grossman LLC Urges Integer Holdings Corporation Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2025-12-11 19:16
Core Viewpoint - A class action lawsuit has been filed against Integer Holdings Corporation and certain officers for alleged violations of federal securities laws during the Class Period from July 25, 2024, to October 22, 2025 [1][2]. Summary by Sections Lawsuit Details - The lawsuit seeks to recover damages for all individuals and entities that purchased or acquired Integer securities during the specified Class Period [2]. - The Complaint alleges that Defendants made materially false and misleading statements and failed to disclose adverse facts about the Company's business and operations [3]. Allegations Against Integer - Integer allegedly overstated its competitive position in the expanding EP manufacturing market [8]. - Despite claims of strong visibility into customer demand, the Company was reportedly experiencing a decline in sales related to two of its EP devices [8]. - Integer mischaracterized its EP devices as a long-term growth driver for its C&V segment [8]. - Consequently, the positive statements made by Defendants regarding the Company's business and prospects were deemed materially false and misleading [8]. Investor Information - Investors who suffered losses in Integer have until February 9, 2026, to request appointment as lead plaintiff [3]. - The law firm representing the investors operates on a contingency fee basis, meaning they will only recover costs if successful [4]. Firm Background - Bronstein, Gewirtz & Grossman, LLC is recognized for representing investors in securities fraud class actions and has recovered hundreds of millions for investors [5]. - The firm emphasizes restoring investor capital and ensuring corporate accountability to maintain market integrity [5].
Perimeter Solutions (NYSE:PRM) M&A Announcement Transcript
2025-12-11 14:32
Summary of Perimeter Solutions Conference Call on M&A Announcement Company and Industry - **Company**: Perimeter Solutions (NYSE: PRM) - **Acquisition Target**: Medical Manufacturing Technologies LLC (MMT) - **Industry**: Medical Device Manufacturing Core Points and Arguments 1. **Acquisition Details**: Perimeter Solutions is acquiring MMT for $685 million in cash, which includes certain tax benefits. MMT is a leader in precision machinery for minimally invasive medical devices, expected to generate approximately $140 million in revenue and $50 million in EBITDA in 2025 [4][12][10]. 2. **Funding Structure**: The acquisition will be funded through $500 million of new senior secured debt financing and approximately $185 million of cash on hand. Post-acquisition, total debt is expected to be around $1.2 billion, with net debt just over $1 billion [4][12][13]. 3. **Operational Fit**: MMT aligns with Perimeter's operational pillars, focusing on high-quality industrial businesses, value driver operating strategy, and a decentralized structure. MMT's strong margins and growth potential are highlighted [5][6][8]. 4. **Market Trends**: The growth of MMT is driven by increasing adoption of minimally invasive procedures, device complexity, and machinery outsourcing. The installed base of MMT has grown at a CAGR of approximately 5% since 2016 [11][10]. 5. **Aftermarket Revenue**: Approximately 50% of MMT's revenue comes from aftermarket consumables and services, which are critical for customer compliance and quality management systems [10][11]. 6. **Regulatory Compliance**: MMT's products are specified in regulatory filings with the FDA, creating a competitive moat around the business [17][10]. 7. **Future Growth Opportunities**: There is potential for further acquisitions to broaden MMT's product suite, with a focus on tuck-in M&A to enhance customer offerings [26][28]. Additional Important Content 1. **Financial Metrics**: The acquisition price implies a purchase price multiple of approximately 14 times Adjusted EBITDA, which is considered attractive given the expected growth [12]. 2. **Capital Intensity**: MMT is expected to fit into Perimeter's relatively low capital intensity model, requiring only a few million dollars of CapEx against the projected $50 million of EBITDA [16]. 3. **Customer Relationships**: MMT has long-standing relationships with top customers, averaging 15 years, which enhances customer loyalty and revenue stability [10]. 4. **Decentralized Management**: MMT will operate as a standalone business within Perimeter's decentralized structure, allowing for operational autonomy and accountability [7][5]. 5. **Market Stability**: The end market for MMT's products is relatively steady, driven by the number of medical procedures, which supports long-term growth [24]. This summary encapsulates the key points discussed during the conference call regarding Perimeter Solutions' acquisition of MMT, highlighting the strategic fit, financial implications, and market dynamics.
Arcline to Sell Medical Manufacturing Technologies to Perimeter Solutions for $685 Million
Prnewswire· 2025-12-11 11:00
Core Viewpoint - Arcline Investment Management has agreed to sell its portfolio company Medical Manufacturing Technologies to Perimeter Solutions for $685 million, marking a significant transaction in the medical device manufacturing sector [1][4]. Company Overview - Medical Manufacturing Technologies (MMT), based in Charlotte, North Carolina, is a leading global provider of medical device manufacturing solutions, serving over 1,000 customers, including major medical technology OEMs and CDMOs [2]. - MMT specializes in the production of complex interventional medical devices such as catheters, guidewires, stents, and microcoils, operating with over 350 employees across 14 production facilities [2]. Investment Strategy - Since acquiring MMT in 2020, Arcline has implemented a disciplined strategy to enhance the company's capabilities, resulting in significant revenue and EBITDA growth, alongside 13 targeted acquisitions that expanded MMT's offerings in automation and specialty manufacturing [3]. - The strategy focused on building a scaled provider of mission-critical manufacturing technologies for medical device OEMs and CDMOs [3]. Transaction Details - The transaction is anticipated to close in the first quarter of 2026, pending regulatory approvals and customary closing conditions [4]. - Financial advisors for the transaction include William Blair and Houlihan Lokey, while legal advisors are Kirkland & Ellis LLP and Fredrikson & Byron P.A. [4].
Perimeter Solutions Announces Agreement to Acquire MMT for $685 Million
Globenewswire· 2025-12-10 21:05
Core Viewpoint - Perimeter Solutions, Inc. has announced a definitive agreement to acquire Medical Manufacturing Technologies LLC for approximately $685 million in cash, which includes certain tax benefits [1][2]. Company Overview - Medical Manufacturing Technologies LLC (MMT) is a leading provider of highly engineered machinery and aftermarket consumables for minimally invasive medical devices, generating nearly all revenue from proprietary products, with about half from the aftermarket [2]. - MMT is projected to generate approximately $140 million in revenue and $50 million in Adjusted EBITDA for the full year of 2025 [2]. Strategic Fit - The acquisition of MMT aligns with Perimeter Solutions' operating strategy, focusing on recurring and growing aftermarket services that meet stringent regulatory standards [3]. - MMT has a strong track record of organic and M&A-driven growth, which Perimeter expects to continue [3]. Financial Structure - Perimeter plans to fund the acquisition through $500 million of new secured debt financing and $185 million in cash on hand [4]. - Following the acquisition, Perimeter anticipates a net leverage profile of approximately 2.7 times net debt to combined Adjusted EBITDA for the last twelve months ended September 30, 2025 [5]. Transaction Timeline - The acquisition is expected to close in the first quarter of 2026, pending regulatory approvals and customary closing conditions [5].