Medline

Mundelein, United States Founded: 1966 • Age: 60 yrs Listed Acquired By Home Care Delivered
Manufacturer and distributor of aprons, surgical gowns, uniforms, and other medical products

About Medline

Medline is a publicly listed company based in Mundelein (United States) founded in 1966, and was acquired by Home Care Delivered in October 2023. Manufacturer and distributor of aprons, surgical gowns, uniforms, and other medical products. The company has 1,305 employees. Medline has completed 9 acquisitions, including AG CUFFILL, Asid Bonz and Centurion Medical Products. Its website medline.com draws about 2 million monthly visits. Its Indian entity Medline Industries India Private Limited reported revenue of ₹496 Cr. Its focus areas include Traditional Medical Devices, Medical Supplies and Consumables and Diversified.

Company details

Founded in 1966 in Mundelein, United States, Medline operates within the healthcare sector. Medical apparel and supplies, including aprons, surgical gowns, and uniforms, are produced and distributed by the company. Focus is placed on serving hospitals, clinics, and other medical facilities across the United States. Operations encompass manufacturing processes and supply chain logistics to meet diverse healthcare requirements. The domain medline.com supports online access to product information and services.

  • Headquarters Mundelein, United States
  • Employees 1,305
  • Stage Acquired
  • Sectors
    Healthcare
  • Website category Health
  • Email
    ••••••••
  • Website medline.com
  • Social LinkedIn X Facebook
  • Acquired by Blackstone (Jun 2021)
  • Legal Name Medline, Inc. Class A
Key Metrics
  • Indian entity revenue
    ₹496 Cr

    FY 2025 · +22% YoY

  • Indian entity net profit
    ₹61.35 Cr

    FY 2025 · 12% margin

  • Indian entity EBITDA
    ₹92.69 Cr

    FY 2025 · 19% margin

  • Latest Funding Round
    $15.18K (USD), Grant

    Mar 2024

  • Investors
  • Employee Count
    1,305
  • Investments & Acquisitions
    AG CUFFILL

    & 8 more

  • Acquired by
    Home Care Delivered

    & 1 more

    (Oct 2023)

Funding Insights of Medline

  • Total Rounds 2
  • Last Round Grant — $15,180
  • First Round $18,688

    (Feb 2024)

  • Investors Count 1

All 2 funding rounds of Medline with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2024$15,180Grant––
Feb 2024$18,688Grant––
Valuation history

5 investors in total: 5 institutional.

Investors in Medline

Medline has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include The Carlyle Group, Blackstone and Home Care Delivered.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Diversified investment management is provided across multiple asset classes.
1985blackstone.comNew York, United States
Private equity firm focused on acquisitions
hf.comSan Francisco, United States
Private equity investments are directed toward multiple sectors.
1986carlyle.com
mhsr.sk
Home medical supplies are distributed and delivered nationwide.
1996hcd.comGlen Allen, United States
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Investor details for Medline

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Board of directors of Medline Industries India Private Limited (Medline)

Medline Industries India Private Limited is the primary company behind Medline. The board of Medline Industries India Private Limited currently have 3 directors; the longest-serving is Ramakrishnan Thiagarajan, appointed in 2017. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ramakrishnan Thiagarajan
DIN 07838023
Director03 Jul 20179 yrs 4 moMedline Industries India Private Limited
Michael Brian Drazin
DIN 08258436
Director21 Nov 20187 yrs 11 moMedline Industries India Private Limited
Marshall Lewis Lancaster
DIN 10941931
Additional Director17 Feb 20251 yr 8 moMedline Industries India Private Limited

People of Medline

733 people are tracked at Medline (257 in leadership, 476 in team); the tracked headcount is 1,305.

NameRoleGroup
Fernando Diaz
Director Of Continuous ImprovementLeadership
Jarrett Kamosky
Director Of MaintenanceLeadership
Tim Quesenberry
Director, Digital IntegrationsLeadership
Bernadette Cremin
East Coast Market DirectorLeadership
Brad Mariam
Executive Vice President, Non-acute Care SalesLeadership
Carrie Miller
National Director Of Sales, RespiratoryLeadership
John Cato
Corporate Accounts DirectorLeadership
Vince Hahn
Vice President Of Product ManagementLeadership
Erin Greeley
Corporate Account DirectorLeadership
Steven Halfmann
Director, Global OEM PMOLeadership
Deandre Franklin
Site Director Of QualityLeadership
Lauren Kehoe
Director Strategic SourcingLeadership
Jihan Nasrallah
Vice President Business SolutionsLeadership
Patrick Griffin
Vice President, Great Lakes, Acute CareLeadership
Nicholas Myszak
Director Of Quality AssuranceLeadership
Renee Nowak
Director Of Quality AssuranceLeadership
Daniel L.
VP Of MaintenanceLeadership
John Lemons
Senior Director Of OperationsLeadership
Kris Hockstedler
Sr. Director Of Manufacturing OperationsLeadership
Vijay Jayaraman
Director Of QualityLeadership

713 more people are available in the full profile.

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IPO & Listings of Medline

Medline is a publicly listed company on the GETTEX with ticker symbol L10 in Germany, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date17 Dec 2025
  • Listed onNASDAQ: MDLN
  • Listed entityMedline, Inc. Class A
  • Exchange sectorHealth technology
  • ISINUS58507V1070
  • Share price33.40 EUR (-1.18% on the day) · 2026-05-11
  • Market capitalisation42,916,269,001.51 EUR
  • Price to earnings32.3
  • EPS (diluted, trailing year)1.03 EUR
  • Analyst consensusBuy

Financials of Medline

Figures of Medline Industries India Private Limited, the primary company behind Medline, for FY 2025. Revenue was ₹496 Cr (+22% year on year). Net profit was ₹61.35 Cr (12% margin). EBITDA was ₹92.69 Cr (19% margin). Revenue has grown at a compounded annual rate of +28% over three years and +26% over five years.

  • ₹496 CrRevenue · FY 2025 · +22% YoY
  • ₹61.35 CrNet profit · 12% margin
  • ₹92.69 CrEBITDA · 19% margin
  • ₹1 LakhPaid-up capital
  • 1,305Employees (provident fund records)
  • +28%Revenue CAGR, 3 years
  • +26%Revenue CAGR, 5 years
Exchange-reported annual figures
YearRevenueNet incomeEBITDA
202524.21B EUR986.8M EUR2.77B EUR
202424.64B EUR1.16B EUR3.09B EUR
202321.05B EUR212.0M EUR2.17B EUR
202220.04B EUR-23.4M EUR1.68B EUR

Balance sheet, profit and loss, cash flow and ratios of Medline Industries India Private Limited are on its company page.

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Detailed financial statements for Medline

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Investments & Acquisitions by Medline

Medline has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include AG CUFFILL, Asid Bonz and Centurion Medical Products.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of a solution for measuring and regulating airway cuff pressure
cuffill.comKfar Saba, Israel2013Mar 2024••••
Provider of over-the-counter drugs, personal care, and daily living products
united-medco.comCoral Springs, United States2004Jan 2024••••
A network of gas stations and convenience stores is operated.
asid-bonz.deHerrenberg, Germany1811Apr 2022••••
Medical selection services are provided by Medi Select in Canada.
medi-select.caCanada0Jan 2020••••
Ankle and mobility trainer systems are manufactured by the company.
neurogymtech.comOttawa, Canada2006Jun 2018••••
Diversified medical devices distributor
dufortlavigne.comMontreal, Canada1962Jun 2018••••
Medical consumables are manufactured and distributed for healthcare needs.
centurionmp.comWilliamston, United States1964Dec 2017••••
Medical billing, practice management, and equipment supply services are provided.
pfspays.comMount Vernon, United States1985Jan 2017••••
Reprocessed ultrasonic surgical instruments are developed for surgical applications.
medisiss.comRedmond, United States1997Jun 2012••••
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Complete acquisition details for Medline

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Timeline of Medline

15 dated milestones of Medline across 59 years, from founding to its latest funding, stage changes and deals.

  1. Founded Medline is founded.
  2. Acquisition Acquires Medisiss.
  3. Acquisition Acquires Physicians Filing Service.
  4. Acquisition Acquires Centurion Medical Products.
  5. Acquisition Acquires Dufort and Lavigne.
  6. Acquisition Acquires NeuroGym® Technologies.
  7. Acquisition Acquires Medi Select.
  8. Exit Acquired by Blackstone.
  9. Acquisition Acquires Asid Bonz.
  10. Exit Acquired by Home Care Delivered.
  11. Acquisition Acquires United Medco.
  12. Funding First funding round of $19K.
  13. Acquisition Acquires AG CUFFILL.
  14. Funding Latest funding round, Grant, of $15K.
  15. IPO Lists on the stock exchange (IPO).

Web traffic of Medline

The website of Medline (medline.com) receives about 2M visits a month and ranks #21,342 among all websites worldwide, #466 in Health.

  • Monthly visits
    2M

    ▲ 22.7% vs previous month

  • Unique visitors
    674.4K

    per month

  • Global rank
    #21,342

    among all websites

  • Category rank
    #466

    Health · Health

Similar websites

Websites whose visitors overlap most with Medline. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
henryschein.com
100%
811.3K#55,343View details
mckesson.com
95%
4.3M#12,546View details
shophighmarkotc.com
shophighmarkotc.com
85%
#516,282–
cardinal.com
cardinal.com
81%
#8,784,623–
mooremedical.com
81%
View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Traditional Diagnostics & Medical Devices

3 companies that operate in the same segment as Medline (Traditional Diagnostics & Medical Devices) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Materials management solutions are provided for healthcare organizations.
1892Chicago, Illinois, United StatesUSD 29.13 MUSD 19.48 B95,424
3D-printed orthopedic products are manufactured for medical applications.
1941Kalamazoo, Michigan, United States
Ophthalmic pharmaceuticals and instruments are developed for eye care.
1853Bridgewater, New Jersey, United StatesUSD 5.1 B13,500
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Related news about Medline

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Frequently Asked Questions about Medline

Medline was founded in 1966 and raised its 1st funding round 58 years after it was founded.

Medline is headquartered in Mundelein, United States. It is registered at Mundelein, Illinois, United States.

Medline has 1,305 employees.

The primary company behind Medline, Medline Industries India Private Limited, reported revenue of ₹496 Cr for FY 2025, up 22% year on year.

Founded in 1966 in Mundelein, United States, Medline operates within the healthcare sector. Medical apparel and supplies, including aprons, surgical gowns, and uniforms, are produced and distributed by the company. Focus is placed on serving hospitals, clinics, and other medical facilities across the United States. Operations encompass manufacturing processes and supply chain logistics to meet diverse healthcare requirements. The domain medline.com supports online access to product information and services.

Yes, Medline is publicly traded on GETTEX under the ticker symbol L10.

Medline has made 9 acquisitions, including AG CUFFILL, Asid Bonz, and Centurion Medical Products.

Medline has 5 investors. Key investors include The Carlyle Group, Blackstone, Home Care Delivered, Ministerstvo Hospodárstva Slovenskej Republiky, and Hellman & Friedman.

Medline operates through Medline Industries India Private Limited.

Yes. Medline was acquired by Blackstone in June 2021.

The legal entities of Medline currently have 3 directors, including Ramakrishnan Thiagarajan, Marshall Lewis Lancaster, Michael Brian Drazin.

The website of Medline receives about 2 million visits a month and ranks #21,342 among all websites worldwide.

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