Grant Thornton UK has advised independent fertility centre, Bristol Centre for Reproductive Medicine (“BCRM”) on its sale to one of Europe’s leading providers in reproductive medicine and genetics.
Prague-based FutureLife Group, which has more than 40 clinics across eight countries, has acquired Fertility Bristol Limited, trading as BCRM, in a move to expand its UK presence.
BCRM is an independent fertility clinic, operating from a state-of-the-art facility in Bristol’s Aztec West, offering IVF, ICSI, IUI, egg freezing, donor sperm and other treatments.
The centre has been a cornerstone of fertility services in the Bristol region for more than 40 years. Originally established as a joint research project between the University of Bristol and Southmead Hospital, BCRM transitioned to an independent clinic in 2018. BCRM also has satellite clinics (both wholly owned and as strategic partners) in Bristol Spire, Bath, Cardiff, Swindon and Jersey.
FutureLife Group, a leading European provider of IVF, fertility treatments, and associated genetic services, is backed by CVC Capital Partners and Hartenberg Holding, FL is headed by chief executive Francisco Lobbosco. The UK is a key market for FL and BCRM’s addition perfectly complements its presence across two CRGH clinics in central London, extending FL’s reach into the West Country.
Dr Valentine Akande, Medical Director and Lead Clinician at BCRM said: “Joining FL is a milestone for BCRM, giving us access to strategic resources and expertise within a leading international network. This partnership will help us expand our services and continue delivering the high-quality, patient-centred care that has been our foundation for over 40 years."
BCRM was advised by Grant Thornton's South West corporate finance team led by Director Nick Jones.
Nick said: "The BCRM brand reputation is an extremely strong one, with an unwavering commitment to medical excellence, innovation and its compassionate approach. This transaction in the fertility space represents an exceptional outcome for all parties and a high-quality addition to the FL brand.”
Law firm Gardner Leader advised BCRM's shareholders.
