M&A Deal Summary

Philips Acquires Health and Parenting

On July 4, 2017, Philips acquired internet software and services company Health and Parenting

Acquisition Highlights
  • This is Philips’ 2nd transaction in the Internet Software and Services sector.
  • This is Philips’ 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2017-07-04
Target Health and Parenting
Sector Internet Software and Services
Buyer(s) Philips
Deal Type Add-on Acquisition

Target

Health and Parenting

London, United Kingdom
website
Health and Parenting Ltd. is a developer of healthcare and family-related mobile applications for expectant and new parents. Health and Parenting Ltd. was established in 2012 and is headquartered in London, UK.

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Buyer(S) 1

Buyer

Philips

Amsterdam, Netherlands

website


Category Company
Founded 1891
Sector Consumer Products
Employees78,831
Revenue 17.2B EUR (2021)
DESCRIPTION
Philips office building in Prague, Czech Republic.
Philips office building in Prague, Czech Republic.

Philips is a diversified health and well-being company with products that include cardiac care, acute care and home healthcare, oral healthcare, and male shaving and grooming. Koninklijke Philips was founded in 1891 and is based in Amsterdam, the Netherlands.


DEAL STATS #
Overall 24 of 33
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 19 of 28
Country (United Kingdom) 3 of 3
Year (2017) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-28 The Spectranetics

Colorado Springs, Colorado, United States

The Spectranetics Corp. is a medical device company. Spectranetics developes, manufactures, and distributes of single-use medical devices used in minimally invasive procedures within the cardiovascular system. Spectranetics Corp. was formed in 1984 and is headquartered in Colorado Springs, Colorado.

Buy $1.9B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-24 Analytical Informatics

Baltimore, Maryland, United States

Analytical Informatics, Inc. is a provider of vendor-agnostic workflow tools and applications to optimize operational intelligence and decision support. Analytical Informatics, Inc. was established in 2011 and is based in Baltimore, Maryland.

Buy -