Hologic Completes Merger with Blackstone and TPG Affiliates, Becomes Wholly-Owned Subsidiary
Hologic, Inc. (HOLX) announced the completion of its previously disclosed merger, effective April 7, 2026. Under the terms of the Agreement and Plan of Merger dated October 21, 2025, Hopper Merger Sub Inc., a wholly-owned subsidiary of Hopper Parent Inc. (affiliates of Blackstone Inc. and TPG Global, LLC), merged into Hologic, with Hologic surviving as a wholly-owned subsidiary of Parent. In connection with the closing, Hologic entered into a Contingent Value Rights Agreement, entitling each holder of outstanding common stock and certain equity awards to one contingent value right (CVR) per share immediately prior to the merger's effective time. This transaction marks a significant change in Hologic's ownership structure, transitioning it from a publicly traded entity to a private one under the control of private equity firms.
Key Highlights
- Hologic, Inc. (HOLX) completed its merger on April 7, 2026, becoming a wholly-owned subsidiary of Hopper Parent Inc.
- Hopper Parent Inc. and its subsidiary, Hopper Merger Sub Inc., are affiliates of investment funds managed by Blackstone Inc. and TPG Global, LLC.
- The merger was executed pursuant to an Agreement and Plan of Merger originally dated October 21, 2025.
- Upon the merger's effective time, each holder of Hologic common stock and certain equity awards became entitled to receive one Contingent Value Right (CVR) per share.
- The CVR Agreement was entered into among Parent, Hologic, and Equiniti Trust Company, LLC as rights agent.