Ropes & Gray represented Patient Square Capital in the take-private transaction of Eargo Inc., a manufacturer of rechargeable, completely-in-canal hearing aids. Patient Square agreed to acquire all of the outstanding shares of Eargo common stock for $2.55 per share in cash. The transaction closed on Feb. 16 and was first announced in an Oct. 30, 2023 press release.
Patient Square Capital is a dedicated health care investment firm that partners with best-in-class management teams whose products, services and technologies improve health.
The team was led by private equity partner Jay Freedman and mergers & acquisitions partner Thomas Fraser, and included executive compensation & employee benefits partner Allie Alperovich, tax partner Benjamin Rogers, and litigation & enforcement partner Dan McCaughey.
Attorneys
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.