M&A

M&A

US-based IVI Global to buy ART Fertility Clinics for $450-M

Economic Times   ART Fertility Clinic   ART Fertility Clinics  

US-based infertility treatment firm IVI RMA Global is set to acquire India- and Middle East-based ART Fertility Clinic s (an entity that it had originally promoted) for USD 400-450 million.ART Fertility Clinics began in 2015 as IVI Middle East, an international arm of IVI RMA Global. In 2020, IVI RMA divested the business to Gulf Capital, which rebranded it as ART Fertility Clinics. Since then, the brand has expanded across West Asia and India. The Indian expansion began in 2021, backed by a USD 30 million investment from Gulf Capital.Led by Suresh Soni, ART Fertility operates in Mumbai, Noida, Ahmedabad, Chennai, Hyderabad, Gurgaon and Faridabad. It posted revenue of USD 100-120 million in FY25, with an estimated Ebitda of USD 35 million.IVI RMA has presence in over 15 countries and more than 190 clinical offices across the US, Europe and Latin America.