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ANNOUNCEMENT – Fertility Solutions Acquired by Monash IVF Group Limited (ASX:MVF)

Fertility Solutions is now combined under Monash IVF Group

DATE 11 July, 2019

Fertility Solutions, a privately owned and operated assisted reproductive service (ARS) clinic, with locations in Bundaberg and Buderim, announce today that it has been acquired by Monash IVF Group Limited (ASX: MVF). Under the terms of the acquisition agreement, Fertility Solutions is now combined under Monash IVF Group.

Fertility Solutions was established in 2007 and has a strong reputation and niche in providing high quality and affordable options in fertility treatments.  They have successfully helped hundreds of families throughout Queensland achieve their dream of a baby through their clinics in Buderim (Sunshine Coast) and Bundaberg.  The culmination of this acquisition marks an important milestone for patient care and staff opportunities as both companies can now bring together the shared innovative capabilities to help improve patient outcomes and successes.  

Denise Donati CEO and Co-founder of Fertility Solutions commentsIt is truly an exciting time for our employees and patients as we officially join Monash IVF Group to pursue our shared vision. We see this acquisition as a very positive step with a win-win for all.” 

Fertility Solutions Medical Director and Co-founder Dr James Orford said “The Fertility Solutions doctors and staff are excited to be joining Monash IVF and look forward to continuing to provide the best possible services and outcomes for our patients under the new ownership.  We believe growth prospects for our business will be enhanced through accessing Monash IVF’s leading global science and innovation to expand the breadth of services offered to our patients.”

In commenting on the acquisition of Fertility Solutions, Monash IVF Group’s Chief Executive Officer Mr Michael Knaap said: “Fertility Solutions is a high-quality business providing an excellent geographic and cultural fit with Monash IVF.  Monash IVF currently has no presence in the attractive markets of the Sunshine Coast and Bundaberg, and the acquisition is consistent with our strategic priority of establishing a more balanced business portfolio across Australia.”

Media Enquiries:

Trudy Fitzgerald

Business Development and Marketing

marketing@fssc.com.au

07 5478 2482

To learn more about Monash IVF Group please visit their website – https://monashivf.com/

To contact Fertility Solutions, please call our office.