M&A Analysis: Philips Inks Trio Of Deals As Activity Levels Heat Up

It was a hot month for medtech M&A activity, with a total of 21 deals announced and closed in June. Dutch giant Philips continued its mission to grow its health-care business and inked three acquisitions, including a $2bn deal to buy vascular imaging business Spectranetics.

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Medtech deal activity continued to pick up in June, with the market showing no signs of a summer slump. Twenty-one transactions were announced and closed during the month, a surge in activity compared to the 12 deals recorded in the same period last year, and surpassing the 17 recorded in May. (See Figure 1.)

June's uptick in activity boosted total deal volume for the first half of this year, with Medtech Insight's M&A Deal Tracker recording 89 transactions. If activity continues at the same...

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