AcquisitionsApr 7, 2026, 11:58 AM
Hologic Completes Merger, Becomes Wholly-Owned Subsidiary of Blackstone and TPG Affiliates; Shareholders to Receive Contingent Value Rights
AI Summary
Hologic, Inc. announced the completion of its previously announced merger on April 7, 2026, with Merger Sub, a wholly-owned subsidiary of Hopper Parent Inc. As a result, Hologic now operates as a wholly-owned subsidiary of Hopper Parent Inc., an entity affiliated with investment funds managed by Blackstone Inc. and TPG Global, LLC. This transaction signifies a major ownership change for Hologic, transitioning it into a privately held entity under the control of prominent private equity firms. In connection with the merger's closing, a Contingent Value Rights Agreement was established, entitling pre-merger shareholders and certain equity award holders to one CVR per share.
Key Highlights
- Hologic, Inc. completed its previously announced merger on April 7, 2026, with Merger Sub, a subsidiary of Hopper Parent Inc.
- The Company now operates as a wholly-owned subsidiary of Hopper Parent Inc.
- Hopper Parent Inc. and Merger Sub are affiliates of investment funds managed by Blackstone Inc. and TPG Global, LLC.
- In connection with the merger, Hologic entered into a Contingent Value Rights Agreement (CVR Agreement).
- Each holder of Hologic common stock and certain equity awards immediately prior to the merger's effective time is entitled to receive one (1) contingent value right (CVR) per share.
- The original Agreement and Plan of Merger was dated as of October 21, 2025.