Medline Is Said to File Publicly for US IPO as Soon as Tuesday

Medline Is Said to File Publicly for US IPO as Soon as Tuesday

Medline is set to file publicly for an initial public offering as soon as Tuesday, according to people familiar with the matter, in what could be the biggest US listing of 2025.

PE-backed Medline files for IPO

Medline Inc, the US medical supplies business taken private in a $34bn leveraged buyout by Blackstone, Carlyle Group, and Hellman & Friedman in 2021, has publicly filed for an IPO, setting the stage for one of the largest-ever PE -backed listings. The Northfield, Illinois-based company reported $655m in net income on $13.5bn revenue for the six months ended 28 June, up from $587m on $12.3bn a year earlier. Sources say the IPO could raise around …