Drooid Logo
Back to today’s briefing

Story perspectives

Medline Targets $5 Billion IPO After Strong Growth

10/29/2025

50 6

1 of 1

Story summary
  • Medline Inc. announced on October 28, 2025, an IPO to raise about $5 billion and value the company at $50 billion.
  • Medline posted 9.7% revenue growth in the first half of 2025 and reported net income of $655 million.
  • The IPO follows a $34 billion private equity buyout in 2021, and Medline will list on Nasdaq under MDLN with Goldman Sachs and JPMorgan leading.