Medline Industries, LP
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Medline Industries, LP - overview
Established
1966
Location
Northfield, IL, US
Primary Industry
Medical Devices & Equipment
About
Based in Illinois, US, and founded in 1966 by Jim and John Mills, Medline Industries, LP, a. k. a. Medline operates as a manufacturer and distributor of medical equipment, medical devices, and accessories like face masks, thermometers, and gloves.
Medline also offers business solutions, clinical expertise, and perioperative solutions for acute care, surgery centers, long-term care, education and research, EMS, HME providers, home health and hospice, as well as physician offices, assisted living, managed care, and laundry purposes. In 2021, Blackstone Group, Carlyle Group, and Hellman & Friedman acquired a majority stake in Medline Industries, Inc. In December 2025, Medline Industries, LP raised USD 6. 26 billion in an IPO, selling 216.
03 million shares at USD 29 a piece. Medline Industries’ product line includes wound healing products, such as dressings, gels, antimicrobial powder, retention tapes, and hydrocolloids as well as anesthesia, apparel, beds, and mattresses, central sterile products such as containers, sterilization monitoring products, and sterilization pouches and diagnostic equipment. Additionally, Medline offers foot and ankle care products, gloves, lab supplies, central sterile, diagnostics, durable medical equipment (DME), and more.
Current Investors
Blackstone Group, Carlyle Group, Hellman & Friedman
Primary Industry
Medical Devices & Equipment
Sub Industries
Diagnostic Equipment, Medical Equipment Distributors, Medical Supplies, Surgical Devices, Therapeutic Devices
Website
www.medline.com
Verticals
HealthTech, Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Medline Industries, LP - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IPO | Completed | Medline Industries, LP | - | ||||||||
| Add-on, Corporate Carve Out | Completed | Ecolab, Inc.'s Surgical Solutions Business | - | ||||||||
| Add-on | Completed | United Medco | - | ||||||||
| Add-on | Completed | Sinclair Dental Co. Ltd. | - | ||||||||
| Add-on | Completed | PrefConnect, LLC | - |
Displaying 1 - 5 of 9

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.