Add-on Acquisition • Business Services

Philips Acquires Blue Jay Consulting

On October 5, 2015, Philips acquired business services company Blue Jay Consulting

Acquisition Context
  • This is Philips’ 1st transaction in the Business Services sector.
  • This is Philips’ 9th transaction in the United States.
  • This is Philips’ 1st transaction in Florida.

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M&A Deal Summary

Date October 5, 2015
Target Blue Jay Consulting
Sector Business Services
Buyer(s) Philips
Deal Type Add-on Acquisition

Target Company

Blue Jay Consulting

Orlando, Florida, United States
Blue Jay Consulting LLC is a provider of consulting services to hospital emergency departments.
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Buyer Overview 1

Buyer

Philips

Amsterdam, Netherlands

Category Company
Founded 1891
Sector Consumer Products
Employees67,263
Revenue 18.0B EUR (2024)
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. Philips was founded in 1891 and is based in Amsterdam, Netherlands.


Deal Context for Buyer #
Overall 17 of 33
Sector: Business Services 1 of 1
Type: Add-on Acquisition 12 of 28
State: Florida 1 of 2
Country: United States 9 of 19
Year: 2015 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-17 Volcano

San Diego, California, United States

Volcano Corp. is a provider of imaging and measurements for minimally invasive diagnostics and treatment of coronary artery disease and peripheral vascular disease.

Buy $1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-27 Signify

Eindhoven, Netherlands

Signify engages in the manufacture and wholesale of lighting products for industrial, commercial, and consumer markets. Signify was founded in 1891 and is based in Eindhoven, Netherlands.

Sell -