Blackstone, TPG seek over $4 billion for Hologic's surgical unit

Private equity groups Blackstone and TPG are seeking more than $4 billion for medical technology firm Hologic's surgical unit, the Financial Times reported on Thursday, citing people familiar with the matter.

Here are ‌more ⁠details:

* The ⁠two firms are working with advisers on ​a sale of the division, which makes surgical equipment used ​by gynecologists, FT reported.


* Blackstone and TPG announced the acquisition of Hologic last year for $18.3 billion ​using cash and debt, ⁠one of ‌the largest buyouts of a medical ​device company. ​The deal closed in April 2026.

* ⁠Reuters could not verify the report. TPG, ​Blackstone and Hologic did not immediately ​respond to Reuters' requests for comment outside business hours.

* The FT said the private equity groups are now looking to pay down debt and repay investors from their ‌Hologic buyout.

* The potential sale comes as strains in private credit spill into ​adjacent private ​equity markets, ⁠prompting firms to find ways to return cash to investors.

* Blackstone is among the private credit ​funds that have recently faced redemption pressures. The company capped withdrawals at its flagship private credit fund last month after receiving increased redemption requests.

(Reporting by Chandni Shah in Bengaluru; Editing by Sonia Cheema and Eileen Soreng)