WebJun 9, 2024 · A partnership comprised of funds managed The Blackstone Group, The Carlyle Group and Hellman & Friedman will make a majority investment in Medline Industries, according to a news release. Medline, based in Northfield, Ill., is a manufacturer and distributor of healthcare supplies. The company reported 2024 revenue of $17.5 billion. WebOct 22, 2024 · The acquisition is the largest leveraged buyout since the financial crisis in 2007. Medline is a leading manufacturer and distributor of medical supplies. Headquartered in Northfield, Illinois, Medline serves more than 50,000 customers in the United States and is the prime vendor to over 850 customers across 5,400 locations.
Blackstone, Carlyle, H&F’s Medline Buyout Is No Old-Style LBO
WebJun 7, 2024 · The two private equity firms bought PPD in 2011 with an initial $3.6 billion investment. Blackstone and Hellman & Friedman previously joined in a failed bid to buy Scout24 in 2024. Carlyle is ... WebJun 6, 2024 · Blackstone Group Inc., Carlyle Group Inc. and Hellman & Friedman LLC said Saturday they struck a buyout deal that, according to people familiar with the matter, values the closely held medical-supply company at more than $30 billion -- … tips to lower blood pressure naturally
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WebJun 5, 2024 · By Cara Lombardo and Miriam Gottfried. A group of private-equity firms including Blackstone Group Inc. is nearing a deal to acquire Medline Industries Inc. that would value the medical-supply giant at more than $30 billion, in one of the largest leveraged buyouts since the financial crisis, according to people familiar with the matter. WebBlackstone, Carlyle Group and Hellman & Friedman agreed to buy medical supplies company Medline Industries for about $34 billion including debt, according to The Wall … WebJun 5, 2024 · Photo by chee gin tan/E+ via Getty Images . Blackstone (NYSE:BX), Carlyle (NASDAQ:CG) and Hellman & Friedman agreed to acquire a majority stake in medical supply company Medline Industries in one ... tips to lower blood sugar fast home remedies