M&A Deal Summary |
|
---|---|
Date | 2007-06-08 |
Target | TIR Systems |
Sector | Electrical Equipment |
Buyer(s) | Philips |
Sellers(s) | Corridor Capital |
Deal Type | Add-on Acquisition |
Deal Value | 49M EUR |
SEARCH BY
Try For Free 7-Day Free Trial
Category | Company |
---|---|
Founded | 1891 |
Sector | Consumer Products |
Employees | 69,062 |
Revenue | 18.2B EUR (2023) |
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, Netherlands.
DEAL STATS | # |
---|---|
Overall | 8 of 33 |
Sector (Electrical Equipment) | 1 of 3 |
Type (Add-on Acquisition) | 6 of 28 |
State (British Columbia) | 1 of 1 |
Country (Canada) | 1 of 1 |
Year (2007) | 3 of 4 |
Size (of disclosed) | 10 of 12 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2007-04-01 |
Health Watch Holdings
Cherry Hill, New Jersey, United States Health Watch Holdings, Inc., (Health Watch), based in Cherry Hill, New Jersey, is the second largest provider of personal response systems (“PRS”) and monitoring services in the United States. The PRS industry serves the needs of medically at-risk elders and disabled individuals who wish to remain in their own homes. |
Buy | $130M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2007-12-19 |
Philips - The Set-Top Box and Connectivity Solutions
Netherlands Philips - The Set-Top Box and Connectivity Solutions is a designer and supplier of a range of digital TV products including satellite, cable, terrestrial and IPTV set-top box products. |
Sell | €95M |
Category | Private Equity Firm |
---|---|
Founded | 2005 |
Size | Small |
Type | Sector Agnostic |
Corridor Capital is a private equity firm focused on acquiring lower middle-market companies in the specialty manufacturing, business services, healthcare services, technology services, and financial services sectors. Target companies are typically profitable ($2 to $8 million of EBITDA) and exhibit strong industry positions, identifiable growth possibilities, and stable/diverse customers. Corridor Capital was established in 2005 and is headquartered in Los Angeles, California.
DEAL STATS | # |
---|---|
Overall | 1 of 11 |
Sector (Electrical Equipment) | 1 of 2 |
Type (Add-on Acquisition) | 1 of 4 |
State (British Columbia) | 1 of 1 |
Country (Canada) | 1 of 1 |
Year (2007) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2007-06-11 |
Control Devices
Fenton, Missouri, United States Control Devices is a designer and manufacturer of engineered flow control solutions in the gas, air, and liquid markets. Control Devices offers customized and standard valves, condensate traps, refrigerant distributors, and other products that serve as critical components in end-product applications, including medical systems, air compressors, fire suppression systems, and specialty gas HVACR, and heavy truck braking systems. Control Devices was founded in 1963 and is headquartered in Fenton, Missouri. |
Buy | - |