Case Study: Wessex Fertility Limited

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Deal size:
Undisclosed
Transaction:
Company Sales
Sector:
Healthcare
Deal completed:
November 2014
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About the deal

Meridian Corporate Finance (“Meridian”) advised the shareholders of Wessex Fertility Limited (“Wessex”) on the sale of their business to Academic Reproductive Partnership (“ARP”), a Private Equity backed fertility services group. The transaction sees Wessex provided with support to continue their growth in the region whilst providing the ARP group with a presence in the Solent area.
 
The ARP group now includes more than 10 member clinics with a combined output of c6,000 assisted conception cycles per annum. The partnership allows the clinics to share practices and data to ensure that patients receive the most up to date and effective treatments available.
 
Since 2008 Wessex has seen year on year growth in both the number of cycles completed and the success rates achieved and the partnership with ARP offers the business an opportunity to continue this growth whilst maintaining best industry practices and procedures.
 
Commenting on the transaction Sue Ingamells, Medical Director of Wessex said, “Of paramount importance to us in choosing a corporate finance company for our deal was the integrity, knowledge, professionalism and persistence of the team members working with us.   Having reviewed  a spectrum of companies we were fortunate to find Darren Thompson and Philip Mettam at Meridian who proved to be  highly focused in achieving a successful outcome for the deal and provided all of these characteristics alongside exceptional support.”

Darren Thompson, Director at Meridian  also commented, “This deal represented more than 12 months of planning by Wessex and ARP, incorporating a property transaction, the redemption of an existing commercial loan and the restructuring that involved multiple advisors and funders. The final outcome has positioned  the new entity to continue the strong growth achieved to date and look ahead to future expansion in the region.”

c6,000

Assisted conception cycles per annum

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Having reviewed a spectrum of companies we were fortunate to find Darren Thompson and Philip Mettam at Meridian who proved to be highly focused in achieving a successful outcome for the deal and provided all of these characteristics alongside exceptional support.

Sue Ingamells , Wessex Fertility Limited