Bridgefield Capital Enters into Definitive Agreement to Acquire Philips Emergency Care Business, Global Leader in Saving Lives
Bridgefield Capital has entered into a definitive agreement to acquire Philips Emergency Care Business from Royal Philips N.V. (NYSE: PHG). The transaction, expected to close in 2025, will be executed through Emergency Care Holdings, targeting the $26 billion emergency medical products market.
The Philips Emergency Care Business operates in over 130 countries with more than 3 million installed Automated External Defibrillators (AEDs) and Advanced Life Support devices, supported by 480 global distribution partners. The business holds the #1 globally recognized brand in the AED market, pioneering biphasic waveform AEDs in the late 1990s.
The business addresses sudden cardiac arrest, which causes over 4.25 million deaths annually. Its product portfolio includes AEDs for public and home use, Tempus monitor-defibrillators for EMS services, and DFM 100 manual defibrillators for hospitals, complemented by advanced informatics solutions for device readiness and data management.
Bridgefield Capital ha stipulato un accordo definitivo per acquisire il Philips Emergency Care Business da Royal Philips N.V. (NYSE: PHG). La transazione, prevista per essere conclusa nel 2025, sarà eseguita tramite Emergency Care Holdings, mirando al mercato dei prodotti medici di emergenza da 26 miliardi di dollari.
Il Philips Emergency Care Business opera in più di 130 paesi con oltre 3 milioni di Defibrillatori Automatici Esterni (AED) e dispositivi di Supporto Vitale Avanzato, supportato da 480 partner distributivi globali. L'azienda detiene il marchio #1 riconosciuto a livello globale nel mercato degli AED, pioniera degli AED a forma d'onda bifasica alla fine degli anni ‘90.
L'azienda si occupa dell'arresto cardiaco improvviso, che causa oltre 4,25 milioni di decessi all'anno. Il suo portafoglio prodotti include AED per uso pubblico e domestico, monitor-defibrillatori Tempus per i servizi EMS e defibrillatori manuali DFM 100 per gli ospedali, complementati da soluzioni informatiche avanzate per la prontezza del dispositivo e la gestione dei dati.
Bridgefield Capital ha firmado un acuerdo definitivo para adquirir el Philips Emergency Care Business de Royal Philips N.V. (NYSE: PHG). La transacción, que se espera se cierre en 2025, se llevará a cabo a través de Emergency Care Holdings, enfocándose en el mercado de productos médicos de emergencia de 26 mil millones de dólares.
El Philips Emergency Care Business opera en más de 130 países con más de 3 millones de Desfibriladores Externos Automáticos (DEA) y dispositivos de Soporte Vital Avanzado, respaldado por 480 socios de distribución global. Este negocio posee la marca número 1 reconocida a nivel mundial en el mercado de DEA, siendo pionero en los DEA de forma de onda bifásica a finales de los años 90.
La empresa aborda el paro cardíaco súbito, que causa más de 4.25 millones de muertes anuales. Su cartera de productos incluye DEA para uso público y en el hogar, desfibriladores-monitor Tempus para los servicios de EMS, y desfibriladores manuales DFM 100 para hospitales, complementados con soluciones informáticas avanzadas para la disposición del dispositivo y la gestión de datos.
브리지필드 캐피탈은 로얄 필립스 N.V.(NYSE: PHG)로부터 필립스 응급 관리 사업부를 인수하기 위한 확정 계약을 체결했습니다. 이번 거래는 2025년까지 완료될 예정이며, 응급 관리 보유사를 통해 실행되어 260억 달러 규모의 응급 의료 제품 시장을 목표로 하고 있습니다.
필립스 응급 관리 사업부는 130개 이상의 국가에서 300만 대 이상의 자동 외부 제세동기(AED) 및 고급 심폐소생기기를 운영하며, 480명의 글로벌 유통 파트너의 지원을 받고 있습니다. 이 사업부는 AED 시장에서 세계적으로 인정받는 #1 브랜드를 보유하고 있으며, 1990년대 후반에 양방향 파형 AED의 선두주자였습니다.
이 사업부는 매년 425만 명 이상의 사망을 초래하는 심장 마비에 대응합니다. 그 제품 포트폴리오는 공공 및 가정용 AED, EMS 서비스를 위한 템퍼스 모니터-제세동기, 병원을 위한 DFM 100 수동 제세동기를 포함하며, 장치 준비성 및 데이터 관리를 위한 고급 정보 솔루션으로 보완됩니다.
Bridgefield Capital a conclu un accord définitif pour acquérir le Philips Emergency Care Business de Royal Philips N.V. (NYSE: PHG). La transaction, qui devrait être finalisée en 2025, sera réalisée par l'intermédiaire d'Emergency Care Holdings, visant le marché des produits médicaux d'urgence de 26 milliards de dollars.
Le Philips Emergency Care Business opère dans plus de 130 pays avec plus de 3 millions de Défibrillateurs Externes Automatisés (DEA) et d'appareils de Soutien Vital Avancé, soutenu par 480 partenaires de distribution mondiaux. L'entreprise détient la marque #1 reconnue au niveau mondial sur le marché des DEA, pionnière des DEA à onde biphasique à la fin des années 1990.
Cette entreprise traite l'arrêt cardiaque soudain, qui entraîne plus de 4,25 millions de décès chaque année. Son portefeuille de produits comprend des DEA pour un usage public et domestique, des moniteurs-défibrillateurs Tempus pour les services d'EMS, ainsi que des défibrillateurs manuels DFM 100 pour les hôpitaux, complétés par des solutions informatiques avancées pour la préparation des dispositifs et la gestion des données.
Bridgefield Capital hat eine endgültige Vereinbarung zum Erwerb des Philips Emergency Care Business von Royal Philips N.V. (NYSE: PHG) getroffen. Die Transaktion, die voraussichtlich 2025 abgeschlossen wird, wird über Emergency Care Holdings abgewickelt und zielt auf den 26 Milliarden Dollar umfassenden Markt für Notfallmedizinprodukte ab.
Das Philips Emergency Care Business ist in über 130 Ländern tätig und verfügt über mehr als 3 Millionen installierte Automatisierte Externe Defibrillatoren (AEDs) sowie Geräte für die erweiterte Lebensrettung, unterstützt von 480 globalen Vertriebspartnern. Das Unternehmen hält die weltweit anerkannteste Marke im AED-Markt und war Pionier bei biphasischen Wellen-AEDs in den späten 1990er Jahren.
Das Unternehmen befasst sich mit plötzlichem Herzstillstand, der jährlich über 4,25 Millionen Todesfälle verursacht. Das Produktportfolio umfasst AEDs für den öffentlichen und häuslichen Gebrauch, Tempus-Monitor-Defibrillatoren für EMS-Dienste sowie manuelle Defibrillatoren DFM 100 für Krankenhäuser und wird ergänzt durch fortschrittliche Informatiklösungen für die Gerätebereitschaft und das Datenmanagement.
- Market leader position with #1 globally recognized brand in AED market
- Large installed base of over 3 million devices worldwide
- Extensive distribution network with 480 global partners
- Operating in over 130 countries, indicating strong market presence
- Positioned in a $26 billion market with growth potential
- None.
Insights
This strategic divestiture marks a pivotal moment in the emergency medical devices sector, with significant implications for market dynamics and industry consolidation. The carve-out of Philips' Emergency Care Business, a crown jewel in the
The transaction's strategic rationale is compelling on multiple levels: For Philips, it continues their strategic shift toward higher-margin diagnostic imaging and connected care solutions while potentially strengthening their balance sheet. For Bridgefield Capital, they're acquiring a market-leading platform with significant operational leverage potential - the installed base of 3 million+ devices across 130+ countries provides recurring revenue opportunities through maintenance, upgrades and consumables.
Several value creation levers are apparent:
- Operational independence could accelerate decision-making and innovation cycles
- The extensive distribution network (480 partners) offers expansion opportunities in emerging markets
- Potential for bolt-on acquisitions to consolidate the fragmented emergency care market
- Optimization of manufacturing and supply chain as a standalone entity
The emergency care market presents robust growth drivers: aging demographics, increasing cardiac incident rates and expanding public access defibrillation programs. The business's leading position in AEDs, combined with its advanced life support portfolio, provides multiple vectors for growth.
However, execution risks warrant attention: maintaining manufacturing quality during transition, preserving distribution relationships and managing regulatory compliance across multiple jurisdictions. The success of this carve-out will depend heavily on Bridgefield's ability to maintain operational excellence while pursuing growth initiatives.
The technical sophistication and market positioning of this business unit warrant careful analysis. Their pioneering biphasic waveform technology, now an industry standard, demonstrates their innovation capability. The product portfolio strategically addresses three distinct market segments: public access, emergency medical services and hospital care.
Market dynamics are particularly favorable: 4.25 million annual deaths from sudden cardiac arrest create sustained demand, while the critical 10% per minute survival rate decline drives the need for expanded AED accessibility. The transition to a standalone entity could accelerate product development cycles, particularly important given the rapid technological evolution in emergency care devices.
The business's competitive moat is substantial:
- Extensive installed base creating high switching costs
- Advanced informatics integration enabling superior data management
- Comprehensive product range spanning multiple care settings
- Strong brand recognition in a trust-critical market
Under private equity ownership, accelerated R&D investment could focus on emerging technologies like AI-assisted diagnosis, remote monitoring capabilities and enhanced data analytics. The regulatory-compliant installed base provides a strong foundation for introducing next-generation products while maintaining steady recurring revenue from existing devices.
The Philips Emergency Care Business serves as a key element of Bridgefield Capital's strategy to invest in the emergency medical products market through its newly formed holding company, Emergency Care Holdings. This market, valued at over
The Philips Emergency Care Business is a cornerstone of global emergency care, operating in over 130 countries with a large installed base of more than 3 million Automated External Defibrillators (AEDs) and Advanced Life Support (ALS) devices worldwide. Supported by a robust network of 480 global distribution partners, the business has established itself as a trusted provider of life-saving technologies in communities, workplaces, and hospitals.
"At Bridgefield, we focus on investment opportunities where we can create value by building strong, standalone platforms in attractive industry segments," said Joseph Mathews, Managing Director of Bridgefield Capital. "We are thrilled to acquire the Philips Emergency Care Business, a top-three global player in the dynamic and rapidly growing emergency medical market. This business exemplifies everything we look for in an exceptional investment—industry leadership, innovation, and a proven ability to deliver life-saving solutions on a global scale. We are excited to support its next phase of growth as a focused, standalone entity."
Bridgefield's strategy focuses on identifying exceptional businesses with talented teams that have the potential to thrive as focused, standalone entities once separated from their larger corporate parents. With the acquisition of the Philips Emergency Care Business, Bridgefield plans to prioritize manufacturing excellence, strengthen its supported distribution network, and unlock new opportunities for growth and innovation.
"As a focused and agile standalone entity, the Philips Emergency Care Business can concentrate on its core mission, innovate rapidly, and deliver exceptional value to its customers and communities worldwide," said Richard Foster, Managing Director at Bridgefield. "We are excited to support the talented management team, its' committed employees and dedicated group of global distributors, as together we realize the global life-saving potential of this essential company."
The Vital Role of the Philips Emergency Care Business in Saving Lives
The Philips brand of emergency care solutions includes the #1 globally recognized brand in the automatic external defibrillator (AED) market, with a long and storied legacy tracing back to the late 1990s when it pioneered the industry with the introduction of biphasic waveform AEDs, a technology that has since become the industry standard. The Philips Emergency Care Business plays a vital role in addressing sudden cardiac arrest (SCA), a leading global health issue responsible for over 4.25 million deaths annually. The company's products and services empower caregivers at every level—lay responders, emergency medical services (EMS), and hospitals—to act swiftly and effectively to save lives. With nearly 40 years of experience in Advanced Life Support (ALS) technologies, starting with the CodeMaster series of defibrillator monitors, Philips has built a legacy of trust, innovation, and leadership.
Its AEDs are essential for public locations and are increasingly adopted in home settings, where accessibility is critical, as survival rates drop by
Supported by advanced informatics solutions, the Philips Emergency Care Business ensures device readiness and allows EMS teams and hospitals to transfer patient data seamlessly for improved care coordination, compliance reporting, and continuous improvement. With a robust product portfolio, a strong distribution network, and unmatched brand heritage, the Philips Emergency Care Business is indispensable in the fight against sudden cardiac arrest and advancing global emergency care standards.
About Bridgefield Capital
Founded in 2015, Bridgefield Capital is a private investment firm led by Joseph Mathews and Richard Foster. Specializing in mid-sized companies navigating transitions or positioned for growth, Bridgefield has a proven track record of unlocking value and driving sustainable growth.
Bridgefield brings the resources, strategic insights, and operational expertise necessary to help businesses thrive as independent entities. The firm is particularly skilled in executing complex corporate carveouts, transitioning high-potential divisions from larger parent corporations into focused, high-performing operations. By supporting corporate focus, optimizing management practices, and executing strategic growth initiatives, Bridgefield consistently creates self-sustaining companies that deliver exceptional long-term value.
For further information, please contact:
Bridgefield Capital
Email: media@bridgefieldcapital.com
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SOURCE Bridgefield Capital Management, LLC
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