The world’s first IVF clinic
Mobeus VCT Fundraising
Bourn Hall is the first IVF clinic in the world, the largest independent fertility provider in the East of England, and one of the UK’s leading providers 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, Louise Brown. Since then, Bourn Hall has helped over 15,000 couples to become parents.
We provided £3.5 million of growth capital in a combined debt and equity package to allow the business to expand its geographic footprint organically and by acquisition. We worked closely with the management team assessing the relative merits of organic versus acquisitive growth, and helped formulate the best strategy and funding solution for the future.
The UK market for fertility services has grown significantly in recent years, driven by demographic changes, increasing acceptance of IVF procedures and improved success rates. With our help, Bourn Hall is expanding its geographic footprint, leveraging its strong, respected brand, heritage and reputation. In fact, it’s already grown from three clinics to six.
“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 colleagues. When looking for an investment partner, we were delighted to find that same connection with the Mobeus team, who respect our values and support our strategy.”
Bourn Hall, CEO