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Why Medline may be a key test for the IPO market
CNBC Television· 2025-12-16 18:58
Identify the goal. Match power with precision. Reach new heights OPPORTUNITY.>> THE BIGGEST IPO IN FOUR YEARS IS GOING TO PRICE AFTER THE CLOSE TODAY, MEDLINE, THE MEDICAL AND SURGICAL PRODUCT COMPANY, MIGHT NOT BE JUST THE BIGGEST SINCE RIVIAN FOUR YEARS AGO. IT COULD ALSO BE ONE OF THE BIGGEST IPOS EVER. AND YET THERE'S VERY LITTLE HOOPLA SURROUNDING IT.LESLIE PICKER HAS MORE ON THE STAKES HERE. HI, LESLIE. >> HEY, KELLY.YEAH, IT'S ALMOST LIKE WE FORGOT HOW TO SPELL IPO, BUT I AM HEARING THAT THIS ONE IS ...
Medline poised as largest 2025 IPO globally
Youtube· 2025-12-16 16:50
Company Overview - Medline is a medical supply company that manufactures and distributes products such as masks, gowns, and lab kits [3] - The company was taken private in 2021 by a consortium of private equity firms, including Blackstone, Carlyle, and Hellman & Friedman, marking the largest leveraged buyout (LBO) post-financial crisis [3][4] IPO Details - The IPO is expected to price tonight and could be one of the largest debuts in the public markets this year, potentially valued at $55 billion, which is over $20 billion higher than the acquisition price by its sponsors [1][4] - The IPO guidance suggests pricing toward the high end of the range, indicating strong investor interest [2] Business Performance - Medline has demonstrated a resilient business model, with net sales growing each year since its inception in the 1960s at a compound annual growth rate (CAGR) of 18% [4] - The company is expected to benefit from secular tailwinds such as an aging population and the consolidation of healthcare providers [5] Growth Strategy - Medline's growth strategy includes acquiring several companies and continuing this trend to enhance its market position [5] - The concentration within Medline's business and its customer base is viewed as both a potential advantage and a risk factor [6] Market Context - The IPO is seen as a critical test for the IPO market, which has a healthy backlog of deals for 2026, and for the private equity industry, which has faced challenges in finding exits for portfolio companies [4]
Medline poised as largest 2025 IPO globally
CNBC Television· 2025-12-16 16:50
The IPO of medical supply company Medline expected to price tonight. It could be one of the largest debuts we've seen in the public markets this year. Leslie Picker tracks all that action for us.What are we expecting. >> Yeah, it feels like 11th hour here. >> I remember when these guys wasn't that long ago went private, I guess.Right. >> Right. Back in 2021, they went private during kind of the heyday of LBOS's and the pandemic.Obviously, medical supply company. Uh you can see why that was an attractive buy ...
Griggs: Nearly a quarter of megadeals this year were AI-driven
CNBC Television· 2025-12-16 12:19
WHAT THAT COULD HOLD FOR DEALMAKING. PAUL GRIGGS IS THE US SENIOR PARTNER AT PWC AND JOINS US WITH MUCH MORE ON THAT REPORT. PAUL, THANKS FOR BEING HERE, FRANK. >> THANKS FOR HAVING ME.>> REALLY FASCINATING REPORT. SO WHY DON'T WE START OFF WHERE WE KIND OF HAD YOU RIGHT THERE WITH WARNER BROS. DISCOVERY.PARAMOUNT. WHAT DOES THAT SIGNAL. THE FACT THAT WE'RE SEEING BIDDING WARS AND ALSO WANT TO KIND OF THROW IN THE IDEA WE'RE SEEING MORE DEBT FINANCING USED FOR DEALS.DOES THAT SIGNAL THAT WE MIGHT BE AT SOME ...
X @Bloomberg
Bloomberg· 2025-12-15 20:30
US banks are lending more to private credit firms, private equity shops and hedge funds, with loan volume to these non-bank financial institutions up 26% this year through November, according to Fitch Ratings https://t.co/6clP0Sk1jT ...
X @Bloomberg
Bloomberg· 2025-12-15 05:14
Blackstone built its private equity real estate business on large, bets during an era of cheap money. Those huge platforms have become hard to sell https://t.co/prFnZtYK8z ...
Robert Griffin III on private equity: Now student athletes have control
CNBC Television· 2025-12-12 18:30
If Utah can bring in 500 million, just imagine how much some of these other schools out here are going to be able to bring in when it comes to funding. Uh not just for NIL, but it's because people want to be associated with college football and for generations. You know, the the school system and the scholarship based system um where the students don't make anything.They get a free scholarship to go to school, but then coaches are making tens of millions of dollars of million dollars over the course of year ...
In 15 years, millennials and Gen Z will make a third of the world’s ultra-wealthy. Here’s what’s driving their rise
Yahoo Finance· 2025-12-12 18:30
Core Insights - The upcoming "Great Wealth Transfer" will see trillions of dollars shift from baby boomers to their heirs over the next two decades, with millennials and Gen Z projected to hold over a third of the world's ultra-wealth by 2040, up from 8% today [1][2] Group 1: Wealth Distribution - Baby boomers currently control over half of America's wealth, approximately $78.5 trillion, representing 51.8% of the nation's total [1] - By 2040, Generation X is expected to hold the largest share of wealth at 45%, while the share of boomers and the silent generation will decrease from two-thirds to just one-fifth [1] Group 2: Scale of Wealth Transfer - The wealth transfer in the U.S. is estimated to be between $68 trillion and $84 trillion, which is about three times the size of the entire U.S. economy in 2023 [2] - Inheritance is identified as the primary driver of this wealth transfer, with many heirs gaining access to wealth earlier due to increased use of trusts [2] Group 3: Generational Wealth Accumulation - Surveys indicate that 55% of millennials and 41% of Gen Z expect to inherit money or assets within the next five years [3] - Younger generations are accumulating wealth in different industries compared to their parents, with nearly 9% of the next generation's ultra-wealthy coming from technology, which is double the share of baby boomers [3] - The hospitality and entertainment sectors account for about 15% of younger ultra-wealthy individuals, contrasting with less than 5% from older cohorts [3] - In finance and investing, Gen Z and millennials represent about 20% of the sector, showing a shift towards private equity, direct investments, and sustainable assets [3] - Real estate remains consistent across generations, with millennials expected to significantly impact the housing market as they gain resources to purchase homes [3]
Partners Group’s Anastasia Amoroso on private markets outlook for 2026
CNBC Television· 2025-12-12 16:01
Our next guest sees lots of tailwinds for PE going into 2026. Joining us here at Post 9 with her private markets outlook is Anastasia Amaroso, managing director and chief investment strategist for private wealth and retirement at Partners Group. Welcome back.Good to have you. Good morning. So, why do you think the tide turns for 26. >> I mean, I think the tide has already turned.Clearly, it's not being reflected in the stock prices, but if you look at private markets activity across the board has picked up ...
X @Bloomberg
Bloomberg· 2025-12-12 10:07
Viral cookie chain Crumbl has blanketed the country with its Instagrammy desserts powered by new private equity backing. It’s also battling layoffs, chaotic operations and paper-thin margins https://t.co/p5a0mqJUQb ...