Blackstone, Carlyle and Hellman & Friedman to buy majority stake in medical supplier Medline – CNBC
A group of private equity firms, including Blackstone Group, Carlyle Group and Hellman & Friedman, agreed to buy a majority stake in medical supply manufacturer and distributor Medline Industries, the company announced Saturday.
Medline, which had $17.5 billion in revenue last year, said it would use the investment to expand its product offerings and its business internationally.
It did not disclose the financial terms of the deal, which is expected to be completed in late 2021.
Earlier Saturday,…
