Blackstone, Carlyle and Hellman & Friedman Lead Majority Investment in Medline
June 5, 2021
Medline Industries has agreed to receive a majority investment from a partnership of funds managed by Blackstone, Carlyle and Hellman & Friedman, with Singapore sovereign wealth fund GIC also investing. The Mills family will remain the largest single shareholder and management will stay in place; proceeds will be used to expand product offerings, accelerate international expansion and strengthen global supply chain infrastructure.
- Buyers
- Blackstone, Carlyle, Hellman & Friedman, GIC
- Targets
- Medline Industries
- Sellers
- Mills family
- Industry
- Medical Devices
- Location
- Illinois, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Medline Industries, LP Acquires United Medco
January 10, 2024
Healthcare Services
Medline Industries, LP has completed the acquisition of United Medco, a national supplemental benefits administrator. The deal expands Medline's Health Plans business by adding United Medco's member engagement capabilities and Coral Springs facility, broadening Medline's supplemental benefit offerings to Medicare Advantage, Managed Medicaid and commercial insurance markets.
-
Hellman & Friedman Acquires Majority Stake in Safe-Guard Products International
July 15, 2024
Insurance
Hellman & Friedman has closed a majority investment in Safe-Guard Products International, a leading provider of third-party private-label finance and insurance protection products for the automotive, RV, marine, and powersports markets. Stone Point Capital will remain a partner on the board, and Safe-Guard’s management team will continue to lead the business with Randy Barkowitz named Executive Chairman and David Pryor assuming the role of CEO.
-
Mehiläinen Acquires Regina Maria and MediGroup from MidEuropa; Hellman & Friedman Joins as Shareholder
April 1, 2025
Healthcare Services
Mehiläinen has agreed to acquire Romanian healthcare leader Regina Maria and Serbia's MediGroup from private equity firm MidEuropa. In conjunction with the acquisitions Hellman & Friedman will join CVC as a major investor in Mehiläinen to support the group's international expansion and digital health growth.
-
Hellman & Friedman and Dragoneer Make Minority Investment in PointClickCare
January 7, 2021
Cloud & SaaS
PointClickCare Technologies, a Mississauga-based leader in cloud-based healthcare software for long-term and post-acute care, has received a minority strategic investment from affiliates of Hellman & Friedman and an increased investment from Dragoneer Investment Group. The financing will support expansion of PointClickCare's product offerings and accelerate growth; JMI Equity, an existing investor, participated in or sold a portion of its stake as part of the transaction.
-
Carlyle Leads Majority Growth Investment in Saama Technologies
October 20, 2021
AI & Machine Learning
Global investment firm Carlyle led a strategic growth investment of up to $430 million to acquire a majority stake in Saama Technologies. A syndicate of healthcare-focused investors — including Amgen Ventures, Intermountain Ventures, Merck Global Health Innovation Fund, McKesson Ventures, Northpond Ventures, Pfizer Ventures and Population Health Partners — will co-invest to accelerate Saama's AI-driven Life Science Analytics Cloud and expand go-to-market and R&D capabilities.
-
The Carlyle Group Invests in MAK-SYSTEM
February 20, 2020
Healthcare Services
The Carlyle Group has made a significant investment in MAK-SYSTEM, a family-owned provider of blood management software, partnering with the Kiskovski family to accelerate the company’s growth. Carlyle’s equity commitment comes from Carlyle Europe Partners V and Carlyle Europe Technology Partners IV and will support product innovation and international expansion; Philippe Houssiau has been named CEO. Financial terms were not disclosed.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.