Argus Partners is pleased to announce that it has advised Philips India on the sale of its emergency care business in India.<\/p>\n
<\/p>\n
This transaction forms part of a broader global deal in which Philips’ emergency care business was acquired by Emergency Care Holdings (ECH), a platform backed by Bridgefield Capital. Following the acquisition, the business will operate as Heartstream, continuing to manufacture and market emergency care products under a long-term Philips brand licensing agreement.<\/p>\n
Heartstream is a global emergency care company with nearly four decades of leadership in emergency medicine technology. The acquisition marks the launch of Emergency Care Holdings’ global platform strategy, aimed at building a leading portfolio of emergency medical technology companies serving the pre-hospital care market.<\/p>\n
The team at Argus Partners advising Philips India consisted of\u00a0Adity Chaudhury<\/a>\u00a0(Partner),\u00a0Arka Majumdar<\/a>\u00a0(Partner) and\u00a0Anika Sharma<\/a>\u00a0(Associate).<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-55498","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/55498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=55498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}