De Brauw advised Philips on the acquisition of VitalHealth.
Client name
Koninklijke Philips N.V.
Nature of transaction
Royal Philips has acquired VitalHealth, a leading provider of cloud-based population health management solutions for the delivery of personalized care outside of the hospital, for example, in regional care networks. Headquartered in the Netherlands, VitalHealth’s products and services are being used by more than 100 healthcare networks in various countries including the US, India, China, Sweden, Germany, Belgium and the Netherlands. The company was founded in 2006 by Mayo Clinic (US) and Noaber Foundation (the Netherlands) and employs approximately 200 employees.
Value of transaction
Undisclosed but more than 5 million
Date deal announced
7 December 2017
De Brauw involvement
Lead counsel
Other advisors
AKD, Sullivan & Cromwell
De Brauw lead partner
Arne Grimme
De Brauw team
Valentine Snijder, Heleen Koggink, Maurits Burggraaf and Edmee Peijster