De Brauw has served as lead counsel to Philips on its acquisition of NightBalance Holding B.V.

Client name
Koninklijke Philips N.V.

Other parties involved
NightBalance Holding B.V.

Nature of transaction
Philips expands its sleep & respiratory care portfolio with the acquisition of NightBalance Holding B.V. from multiple sellers. NightBalance is a digital health scale-up company based in the Netherlands, that has developed an innovative, easy to use device to treat positional obstructive sleep apnea and positional snoring.

Value of transaction
Undisclosed but more than EUR 5 million

Date deal
07 May 2018

De Brauw involvement
Lead counsel

Other advisors
Osborne Clark

De Brauw lead partner
Arne Grimme

De Brauw team
Jaap Barneveld, Simone Poot, Myrthe van der Klei and Henk van Ravenhorst.