Mobeus has exited Bourn Hall, the world's first IVF clinic, to Triangle Healthcare Partners, a Canadian-based investor.
Bourn Hall is a UK provider of fertility services. Its Cambridge clinic was founded in 1980 by Robert Edwards and Patrick Steptoe, the IVF pioneers whose work led to the birth of the first test-tube baby. Since then, Bourn Hall has helped over 20,000 families.
Mike Macnamee, CEO of Bourn Hall, said: "Infertility and IVF are deeply personal, so it’s incredibly important that Bourn Hall has a strong family feel and a special connection with both patients and partners. We appreciate Mobeus’s support over its investment term and we are pleased to have found new partners, who also share our values, in Triangle."
Andrew Clark, Partner at Triangle Healthcare Partners, added: “Our ambition is to work with Bourn Hall to develop strategic partnerships, exploring acquisitions both in the UK and overseas. We look forward to working with Mike and his senior leadership team on ways to maximise and expand the Bourn Hall brand and services. We regard Bourn Hall as the world’s leading IVF brand. We admire its services and recognise its potential to expand globally.”
