Private equity firms Blackstone Group, Carlyle Group, Hellman & Friedman and GIC, agreed to acquire a majority stake in Medline Industries, a healthcare company, at a $34bn valuation. "The Mills family has built an exceptional business, and we are proud to partner with them and Medline's management to support the company's continued strong growth. Large corporate partnerships with family-led companies are an area where we have deep experience and we look forward to investing in Medline's further expansion," Joe Baratta, Blackstone Global Head of Private Equity. On June 9, 2021; Abu Dhabi Investment Authority to invest $1bn alongside consortium of investors to acquire Medline Industries.