American Industrial Partners Acquires Avanos Medical, Inc. for $1.272 Billion

In The News
April 15, 2026

Ropes & Gray represented American Industrial Partners in connection with obtaining financing for its definitive agreement to acquire of Avanos Medical, Inc., a leading medical technology company, for approximately $1.272 billion. The transaction was announced in an April 14 press release.

American Industrial Partners is an operationally oriented industrials investor with approximately $17.5 billion in assets under management.

This team included finance partners Dan Coyne, Jeff Lang, and Stefanie Birkmann.