AGC Partners Advises Blue Willow Systems on Its Sale to Philips
Transaction Details
AGC Partners is pleased to announce that its client, Blue Willow Systems, a cloud-based senior living community resident safety platform, has been acquired by Philips. The acquisition will further expand Philips' senior living portfolio through collaboration with Inovonics, a leading provider of high-performance wireless sensor networks for life-safety applications. Furthermore, Blue Willow Systems complements Philips' existing CarePoint 6.0 senior living platform by providing the company's customers with new solutions for resident and staff management with a Software-as-a-Service (SaaS) business model, and added functionality such as Bluetooth-enabled wearable devices and access points, real-time location tracking and enterprise reporting. These solutions will ultimately link the home, senior living communities and healthcare organizations, helping residents and their families along the aging journey. With a team led by Hugh Hoffman, AGC Partners acted as sole financial advisor to Blue Willow Systems.
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© In the U.S., America’s Growth Capital, LLC dba AGC Partners, member FINRA/SIPC. In Europe, America’s Growth Capital Europe, LLP (Appointed Representative Alternatives St. James, LLP which is authorized and regulated by the Financial Conduct Authority). America’s Growth Capital Europe, LLP is a Limited Liability Partnership incorporated in England and Wales (OC368580). Its registered address is 6th Floor, 9 Appold Street, London EC2A 2AP. The testimonials contained herein may not be representative of the experience of other customers or clients. Testimonials are no guarantee of future performance or success. Deals marked with an “*” are non-AGC deals.
