Avanos Medical Acquired by American Industrial Partners | Healthcare M&A Deal

American Industrial Partners has completed the acquisition of Avanos Medical, a medical devices business in Georgia, for $25.00. Avanos Medical designs and manufactures healthcare medical devices used in clinical settings, supporting patient care across multiple treatment areas. American Industrial Partners acquisitions focus on building durable healthcare M&A platforms in GA acquisitions by adding an established medical devices manufacturer based in Alpharetta, Georgia. The going private acquisition is structured as a merger with A-AV Holdco I and A-AV MergerSub, with Avanos Medical becoming a wholly owned subsidiary. The deal is announced and valued at over $100M, reflecting private equity acquisition strategy by an operationally focused firm.