Mintz, Levin, Cohn, Ferris, Glovsky and Popeo and Argus Partners advised on Philips’ Sale of Emergency Care Business to Emergency Care Holdings.

Royal Philips, a global leader in health technology, divested its Emergency Care business to Emergency Care Holdings (ECH), a platform backed by Bridgefield Capital, as part of a global transaction. Following completion, the business will operate as “Heartstream” and continue to manufacture and market emergency care products under a long-term Philips brand licensing agreement.

The Emergency Care business provides critical solutions for acute care management, including cardiac resuscitation devices such as automated external defibrillators, serving both professional and consumer markets. The transaction marks the launch of ECH’s global platform strategy to build a leading portfolio of emergency medical technology companies focused on the pre-hospital care segment.

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo advised Royal Philips on the global transaction.

The deal team was led by Mergers & Acquisitions Practice Co-chair Dean Zioze and Corporate Practice Co-chair Matthew Tikonoff, with support from Associate Troy Nichols.

Argus Partners advised Philips India on the India leg of the transaction.

The team consisted of Partners Adity Chaudhury and Arka Majumdar, and Associate Anika Sharma.