Hologic Completes Acquisition by Blackstone and TPG Affiliates, Becomes Wholly-Owned Subsidiary
Hologic, Inc. announced the completion of its previously disclosed merger with Hopper Merger Sub Inc. on April 7, 2026. As a result of the transaction, Hologic, Inc. is now a wholly-owned subsidiary of Hopper Parent Inc., an entity affiliated with investment funds managed by Blackstone Inc. and TPG Global, LLC. This strategic move transitions Hologic from a publicly traded company to a privately held entity under the ownership of these prominent private equity firms, marking a significant change in its corporate structure and future operational direction. In connection with the closing, a Contingent Value Rights Agreement was established, entitling former Hologic shareholders and certain equity award holders to one CVR per share.
Key Highlights
- The merger of Hologic, Inc. with Hopper Merger Sub Inc. was completed on April 7, 2026, as per the Merger Agreement dated October 21, 2025.
- Hologic, Inc. now operates as a wholly-owned subsidiary of Hopper Parent Inc.
- Hopper Parent Inc. and Hopper Merger Sub Inc. are affiliates of investment funds managed by Blackstone Inc. and TPG Global, LLC.
- In connection with the merger's closing, a Contingent Value Rights (CVR) Agreement was executed.
- Each holder of Hologic common stock and certain equity awards immediately prior to the merger's effective time became entitled to receive one (1) contingent value right (CVR) per share.