American Industrial Partners to Acquire Avanos Medical for $1.272 Billion
American Industrial Partners (AIP) affiliates will acquire Avanos Medical for $25.00 per share in an all-cash transaction. This deal values Avanos Medical at approximately $1.272 billion. The acquisition represents a 72.1% premium over Avanos' closing stock price on April 13, 2026.
The transaction has received unanimous approval from Avanos' Board of Directors. It is anticipated to close in the second half of 2026. The closing remains subject to customary conditions, including approval from Avanos stockholders and various regulatory clearances, such as the Hart-Scott-Rodino Antitrust Improvements Act.
Key Takeaways
- American Industrial Partners will acquire Avanos Medical for $25.00 per share in cash, valuing the company at approximately $1.272 billion.stocktitan.netamericanindustrial.com
- The acquisition price represents a 72.1% premium over Avanos Medical's stock price on April 13, 2026.americanindustrial.com
- Avanos Medical's Board of Directors unanimously approved the merger, which is expected to close in the second half of 2026, pending regulatory and shareholder approvals.stocktitan.netamericanindustrial.com
- The deal includes a $37.5 million termination fee and provisions for considering superior proposals, indicating potential for further developments.stocktitan.net
Sources
Avanos Medical, Inc. Agrees to be Acquired by American Industrial Partners for Approximately $1.272 Billion
American Industrial Partners
“This press release announced the acquisition of Avanos Medical by AIP, highlighting the $25.00 per share cash price and the $1.272 billion enterprise value.”
PREM14A - Avanos Medical, Inc. Preliminary Merger Proxy Statement
StockTitan
“This SEC filing details the definitive merger agreement, including the $25.00 per share cash offer, financing, closing conditions, and board recommendation.”
Avanos Medical Posts Q1 2026 Revenue $182.2M, Adjusted Diluted EPS $0.22; Acquisition Announced
TradingView
“This article corroborates the acquisition announcement and provides additional context on Avanos' Q1 2026 financial results.”