Trinity Investors and Sancus Capital Group Acquire Nano Hearing Aids

IntriCon Acquires Hearing Help Express

December 18, 2017

Healthcare Services

IntriCon Corporation completed its acquisition of the remaining 80% stake in Hearing Help Express, a DeKalb, Illinois-based direct-to-consumer mail-order hearing aid provider. The transaction included $650,000 in cash, repayment of approximately $1.83 million in debt and an earn-out; IntriCon said the deal gives it direct access to consumers and the value-based hearing healthcare market.

Huizhou Jinghao (inHearing) Acquires Intricon's Hearing Health Business

September 11, 2024

Medical Devices

inHearing Technology Inc., a wholly‑owned U.S. subsidiary of Huizhou Jinghao Medical Technology Co., Ltd., acquired Intricon's Hearing Health business. The purchase transfers Intricon's hearing‑aid technologies and assets to Jinghao to accelerate vertical integration, strengthen firmware/algorithm capabilities, and support Jinghao's expansion into the OTC hearing‑aid market.

Northstar Capital Invests in Alpaca Audiology

February 8, 2021

Healthcare Services

Northstar Capital provided junior growth capital to Alpaca Audiology, a portfolio company of Thompson Street Capital Partners, to support the hearing-healthcare platform's growth. Alpaca operates a network of audiology clinics offering patient-centered hearing services across the United States.

Sonova Acquires Alpaca Audiology to Expand U.S. Presence

January 13, 2022

Healthcare Services

Sonova Holding AG has agreed to acquire Alpaca Audiology, a U.S. network of approximately 220 audiology clinics with over 500 employees, for USD 310 million on a cash- and debt-free basis. The deal, financed from Sonova’s cash balance and subject to regulatory approval, is intended to substantially increase Sonova’s direct consumer access in the United States and is expected to close before the end of financial year 2021/22.

Eli Lilly Acquires Akouos to Advance Gene Therapies for Hearing Loss

October 18, 2022

Biotechnology

Eli Lilly agreed to acquire Akouos for approximately $487 million in cash plus contingent value rights that could increase the deal value to about $610 million. The acquisition gives Lilly Akouos's pipeline of AAV-based inner-ear gene therapies (including lead candidate AK-OTOF) to accelerate development of treatments for sensorineural hearing loss.

Alpaca Audiology Acquires Catri Hearing Instruments

October 19, 2021

Healthcare Services

Alpaca Audiology, a national network of independent audiology clinics, has acquired Catri Hearing Instruments, a single-location audiology practice in Amherst, Ohio. The seller, Peter Catri, will step away while Dr. Karen Green will remain with the practice; terms were not disclosed. Catri will retain its name and join Alpaca's Ohio Hearing & Audiology regional brand as Alpaca expands its footprint in Ohio.