Hologic (HOLX) Goes Private: Blackstone and TPG Close $17 Billion Acquisition
The post Hologic (HOLX) Goes Private: Blackstone and TPG Close $17 Billion Acquisition appeared on BitcoinEthereumNews.com.
Key Takeaways The privatization of Hologic closed on April 7, 2026, with Blackstone and TPG acquiring the company at a valuation of up to $79 per share. Shareholders obtained $76 in cash immediately, with an additional contingent payment possibility of up to $3 per share based on Breast Health division revenue performance. Abu Dhabi Investment Authority and GIC participated as minority investors in the transaction. CEO Stephen MacMillan stepped down after leading the company for over 12 years; Joe Almeida now serves as Chief Executive Officer. Trading of HOLX shares has terminated, with delisting from Nasdaq now complete. The women’s health technology firm Hologic concluded its transition to private ownership on April 7, 2026, as the acquisition by investment funds overseen by Blackstone and TPG reached completion at a price point of up to $79 per share. Hologic, Inc., HOLX Initially revealed to the public on October 21, 2025, the acquisition gained stockholder consent on February 5, 2026. The deal structure included participation from an Abu Dhabi Investment Authority subsidiary and a GIC-affiliated entity as minority stakeholders. Investors obtained an immediate cash payment of $76 for each share held. Additionally, they received a non-transferable contingent value right potentially worth an extra $3 per share — distributed as two separate payments of up to $1.50 each — contingent upon Hologic achieving specific worldwide revenue benchmarks for its Breast Health segment during fiscal years 2026 and 2027. The CVR arrangement indicates that realizing the complete $79 per share valuation depends entirely on meeting these performance objectives. This represents a significant element for observers evaluating the transaction’s ultimate worth. Prior to the deal’s completion, Hologic posted $4.13 billion in trailing twelve-month revenue, maintained a gross profit margin of 60%, and showed a current ratio exceeding 4. The company’s market capitalization stood at $16.97…
Filed under: News - @ April 7, 2026 9:29 pm