Blackstone Group and TPG Capital have finalized their acquisition of Hologic, a Marlborough, Massachusetts-based women's health company, for $79 per share. The transaction, valued at approximately $9.2 billion, includes significant minority investments from a subsidiary of the Abu Dhabi Investment Authority and an affiliate of GIC. This marks a major private equity consolidation in the women's health sector. Hologic will transition to private ownership under the leadership of José E.

Almeida, who becomes CEO, succeeding the company's previous leadership. Almeida brings extensive healthcare executive experience, previously serving as chairman, president, and CEO of Baxter International Inc. The deal represents a strategic move for Blackstone and TPG into the healthcare sector, specifically targeting a company known for its diagnostic imaging and surgical systems. The $79 per share price reflects a premium over Hologic's recent trading levels, signaling strong investor interest in the women's health market. This acquisition consolidates a key player in women's health diagnostics and surgery, potentially reshaping competitive dynamics within the sector.