M&A Deal Summary

Magstim Acquires Electrical Geodesics

On July 2, 2020, Magstim acquired medical products company Electrical Geodesics from Philips

Acquisition Highlights
  • This is Magstim’s 1st transaction in the Medical Products sector.
  • This is Magstim’s 1st transaction in the United States.
  • This is Magstim’s 1st transaction in Oregon.

M&A Deal Summary
Date 2020-07-02
Target Electrical Geodesics
Sector Medical Products
Buyer(s) Magstim
Sellers(s) Philips
Deal Type Divestiture

Target

Electrical Geodesics

Eugene, Oregon, United States
Electrical Geodesics, Inc. is a medical device company that designs, develops, and commercializes a range of non-invasive technologies used to monitor and interpret brain activity. Electrical Geodesics, Inc. was established in 1992 and is headquartered in Eugene, Oregon.

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Buyer(S) 1

Buyer

Magstim

Whitland, United Kingdom
Category Company
Founded 1990
Sector Medical Products
DESCRIPTION

Magstim is a provider in the research, development, manufacture, and marketing of medical and research devices within the neurological and surgical fields. Magstim was founded in 1990 and is based in Whitland, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1

Seller(S) 1

SELLER

Philips

Amsterdam, Netherlands
Category Company
Founded 1891
Sector Consumer Products
Employees69,062
Revenue 18.2B EUR (2023)
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, Netherlands.

DEAL STATS #
Overall 13 of 15
Sector (Medical Products) 2 of 2
Type (Divestiture) 10 of 12
State (Oregon) 1 of 1
Country (United States) 3 of 3
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-29 Xhale Assurance

Gainesville, Florida, United States

Xhale Assurance, Inc. is a US-based scale-up company developing and commercializing next-generation sensor technologies. Xhale Assurance’s unique, disposable pulse oximetry sensor is placed on the wing (ala) of the nose, and can reliably measure and transmit a patient’s heart rate and blood oxygenation under low perfusion (diminished blood circulation) conditions that are challenging for conventional fingertip pulse oximetry sensors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-27 Intact Vascular

Wayne, Pennsylvania, United States

Intact Vascular, Inc. is a developer of medical devices for minimally-invasive peripheral vascular procedures. Intact Vascular was founded in 2011 and is headquartered in Wayne, Pennsylvania.

Buy -
Mergr

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