Medline Inc. Launches Secondary Offering of Class A Common Stock
Medline Inc. has announced a secondary offering of 60 million shares of its Class A common stock by certain stockholders affiliated with Blackstone, Hellman & Friedman, and the Abu Dhabi Investment Authority. Medline will not sell any shares or receive proceeds from this offering. The underwriters have a 30-day option to purchase an additional 9 million shares. Major financial firms such as Goldman Sachs, Morgan Stanley, BofA Securities, and J.P. Morgan are involved as global coordinators and joint bookrunning managers.
NORTHFIELD, Ill., May 20, 2026 (GLOBE NEWSWIRE) — Medline Inc. (Nasdaq: MDLN) (“Medline”) announced today that certain selling stockholders affiliated with Blackstone Inc., Hellman & Friedman LLC and a wholly owned subsidiary of the Abu Dhabi Investment Authority (the “Selling Stockholders”) have commenced an underwritten public offering of 60,000,000 shares of Medline’s Class A common stock pursuant to a registration statement filed with the Securities and Exchange Commission (the “SEC”). Additionally, the Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 9,000,000 shares of Medline’s Class A common stock.