01/24/2024
Citizens Advises Pulse Technologies on its Acquisition by Integer Holdings
PROVIDENCE, RI – Citizens M&A Advisory announced today that it served as the exclusive financial advisor to Pulse Technologies on its acquisition by Integer Holdings (NYSE: ITGR).
Headquartered in Quakertown, Pa., Pulse Technologies is a leading contract manufacturing, technology and engineering organization serving the global medical device industry. Founded in 1993 by Bob Walsh and Frank Henofer, Pulse specializes in the complex micromachining of components and subassemblies for structured heart, heart pump, cardiac electrophysiology and related markets. By acquiring Pulse, Integer expands its end-to-end development capabilities, technical talent and manufacturing capacity in these high-growth device markets.
Pulse Technologies Owner and Chief Executive Officer Joe Rosato said: “We appreciate the invaluable support and expertise Citizens provided in helping us achieve our strategic objectives. Their transaction experience, industry knowledge and strategic recommendations were critical in helping us decide that a partnership with Integer was the ideal outcome for Pulse Technologies.”
Citizens M&A Advisory Managing Director Andrew Male said: “Pulse Technologies is a world-class organization thanks to the vision of Pulse founders Bob Walsh and Frank Henofer, the leadership of CEO Joe Rosato and the talent of the company’s 250 skilled employees. We are excited to see the company continue its impressive growth as part of Integer.”
Citizens M&A Advisory specializes in middle-market mergers and acquisitions. Citizens combines sector intelligence with a client-focused approach to realize our clients' true value. The Citizens team has more than 100 M&A professionals specializing in a range of industries across the United States. Citizens M&A Advisory is part of Citizens JMP Securities, LLC, a subsidiary of Citizens Financial Group (NYSE: CFG).
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $222.0 billion in assets as of December 31, 2023. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,200 ATMs and approximately 1,100 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on X (formerly Twitter), LinkedIn or Facebook.
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