Archive · 17 Dec 2025
Medline raises $6.26 bn in 2025's biggest IPO
Medline Inc.
just had a really big initial public offering (IPO) where they raised $6.26 billion.
They sold 216 million shares at $29 each, which is close to the highest price they thought they could get.
This makes it the biggest IPO of 2025 so far.
Medline sells a lot of medical supplies like gloves and wheelchairs to hospitals.
Some of their products come from places that have tariffs, which are like extra taxes, but people still want to invest in them.
The company is backed by big investment firms like Blackstone and Carlyle Group.
They are listing their shares on the Nasdaq stock exchange.
This IPO is important because it shows if big investment firms can make money from their large investments.
Medline Inc. raised $6.26 billion through an IPO, selling 216 million shares at $29 each.
The IPO is the largest of 2025 and one of the biggest private equity-backed IPOs ever.
Medline is a major supplier of medical products like surgical gloves and wheelchairs.
The company delayed its IPO due to market swings caused by US tariffs on products from China, Vietnam, Japan, and Mexico.
Proceeds will be used to reduce Medline's nearly $17 billion debt, with no shares sold by the backing private equity firms.
- Who
- Medline Inc.
- What
- Raised $6.26 billion through IPO
- When
- Tuesday (IPO), Wednesday (trading starts)
- Where
- Nasdaq
- Why
- To reduce debt and test private equity's biggest bet
- Amount Raised
- $6.26 billion
- Shares Sold
- 216 million
- Share Price
- $29 per share
- Expected Range
- $26 - $30 per share
- Backed by
- Blackstone, Carlyle Group, Hellman & Friedman
- Trading Symbol
- MDLN
- Trading Exchange
- Nasdaq
- Listing Date
- Wednesday
