# Intricon acquires 20% stake in Hearing Help Express

Intricon Corp has acquired a 20% stake in Hearing Help Express, with an option to acquire the remaining 80% before the end of the year. The total transaction value, assuming exercise of the option, includes approximately $1.3 million in cash, a guaranty of a $2 million note, and an earn-out.

- Type: Acquisition
- Announced: 2016-11-14
- Where: DeKalb, Illinois, United States
- Value: $3.30M
- Status: announced
- Products: hearing aid services
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Intricon Corp](https://endata.com/companies/20054.md) (acquirer)
- [Hearing Help Express](https://endata.com/companies/20055.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/article/business/intricon-acquires-stake-in-hearing-help-express-idUSASC09IQD/), 2016-11-14: "Intricon Corp - has acquired a 20-percent stake in dekalb, illinois-based hearing help express"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.