Medline Net Sales in First Half Reach $13.5 Billion Ahead of IPO

Medline Net Sales in First Half Reach $13.5 Billion Ahead of IPO

Medline is telling prospective investors in its initial public offering that it had about $13.5 billion in net sales in the first half of 2025, an increase of roughly 9.7% from last year, according to people familiar with the matter.

PE-backed Medline’s H1 sales hit $13.5bn ahead of potential $5bn IPO

Medline, the medical supplies manufacturer backed by Blackstone, Carlyle Group, and Hellman & Friedman, has reported net sales of approximately $13.5bn in the first half of 2025, up nearly 10% from the same period last year, according to a report by Bloomberg. The news comes as Medline prepares for a potential initial public offering that could raise around $5bn, which would make it the largest US listing of 2025 if completed before year-end. Th…