We are advising Integer on its cooperation agreement with Irenic Capital

Davis Polk is advising Integer Holdings Corporation on its cooperation agreement with Irenic Capital Management, LP pursuant to which two new directors were appointed to Integer’s Board of Directors. As part of the cooperation agreement between Irenic and Integer, Irenic has agreed to customary standstill, voting, confidentiality and other provisions.

Integer is one of the largest medical device contract development and manufacturing organizations (CDMOs) in the world, serving the cardio and vascular, neuromodulation, and cardiac rhythm management markets. Irenic Capital Management is an investment management firm founded by Adam Katz and Andy Dodge. Based in New York City, Irenic works collaboratively with publicly traded companies to ensure operating activities, capital deployment and management incentives are all aligned to create value for the company and its owners.

The Davis Polk corporate team includes partners James P. Dougherty and Shanu Bajaj and associate Joshua B. Pittell. All members of the Davis Polk team are based in the New York office.

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