TPG and Blackstone will acquire Hologic, according to a news release. The deal is valued at up to $18.3 billion.

Hologic (Nasdaq: HOLX), founded in 1985 and based in Marlborough, Massachusetts, is a women’s health technology firm.

TPG, founded in 1992 and based in San Francisco, targets investments in middle market companies. The firm invests in healthcare and a number of other industries.

Blackstone, founded in 1985 and based in New York, is one of the largest global alternative asset managers.

The transaction is expected to close in the first half of 2026. Upon completion of the transaction, Hologic’s common stock will be delisted from the Nasdaq.