Engagement Results

Client:

Philips Healthcare

Size:

$9 billion

Industry:

Medical Device Producer (Healthcare)

Expertise:

Pre-Acquisition Due Diligence

Assignment:

A principal of MainStream Management was engaged to conduct pre-acquisition due diligence for a leading medical device producer based in North America.

Actions:

  • Reviewed key deal points and assumptions and formulated detailed action plan
  • Interviewed management team to assess experience and team dynamics
  • Reviewed key assets, facilities, financial, and operational practices
  • Interviewed key suppliers, customers, and distribution partners
  • Interviewed industry regulatory authorities in China

Results

  • Identified unaccounted value of $25 million within distribution network
  • Secured favorable labor and tax treatments from Chinese local authority through new job creation and technology enhancement