On June 5, Medline announced a private equity transaction valued at more than $30 billion, which it expects to close later this year. Three private equity firms, Blackstone, Carlyle and Hellman & Friedman, will become investors in Medline when the transaction closes, with the Mills family remaining the largest single shareholder. “We were already a strong company, but we became even stronger with this transaction,” said Andy Mills, president of Medline. “We’re gaining resources from three of the top PE firms in the world… We think we’ll get a more robust pipeline of deals because while we see a lot, with these three PE firms, we’ll see every single deal in healthcare.”
Read the full article: Inside Medline’s $30B+ Investment and What Happens Next //
Source: https://www.beckershospitalreview.com/hospital-transactions-and-valuation/inside-medline-s-30b-investment-and-what-happens-next.html