Alpaca Audiology Acquires Catri Hearing Instruments

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.

HearingLife Acquires AudPractice Group's 41 Audiology Clinics

December 2, 2021

Healthcare Services

HearingLife has acquired AudPractice Group's 41 audiology clinics across North Carolina, South Carolina and Florida, assuming operations of the practices and their staff. The acquisition expands HearingLife's national footprint and offers APG patients access to HearingLife services such as HearingLife OnDemand and extended patient support.

Alpaca Audiology Acquires Hearing and Tinnitus Center Long Island

August 26, 2021

Healthcare Services

Alpaca Audiology, the largest independent audiology clinic group in the U.S., has acquired Hearing and Tinnitus Center Long Island, an audiology clinic in Woodbury, New York. The clinic will retain its name and join Alpaca’s Empire Hearing & Audiology regional brand; financial terms were not disclosed.

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.

Trinity Investors and Sancus Capital Group Acquire Nano Hearing Aids

February 1, 2021

Medical Devices

Trinity Investors partnered with Sancus Capital Group to acquire Nano Hearing Aids, a direct-to-consumer designer and online retailer of affordable hearing aids, in February 2021. Nano, founded in 2017 and operating primarily via e-commerce with nationwide U.S. shipping, will operate under the new private owners to expand its DTC/OTC hearing-aid business.

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.