Blackstone and TPG are poised to take medical technology company Hologic private in a significant acquisition deal valued at up to $18.3 billion. This transaction is part of a broader trend, contributing to over $700 billion in private equity buyouts in the current year. The deal, which follows a wave of advanced negotiations, signals a notable shift for Hologic, which is now being scrutinized by various shareholder rights groups to ensure fair pricing for its public investors. Major banks, including Citi and Barclays, are backing the financing for the acquisition, marking a substantial moment in the healthcare sector.