Investment funds managed by Morgan Stanley Capital Partners have entered into an agreement to sell Ovation Fertility to US Fertility. Financial terms were not released
Ovation, headquartered in Nashville, is a provider of fertility laboratory services, including in-vitro fertilization laboratory services, genetic testing, egg and embryo storage and other services for the fertility industry.
USF, based in Rockville, Maryland, and backed by Amulet Capital Partners, is the largest partnership of physician-owned and physician-led fertility practices in the United States, acording to a press release.
Harris Williams acted as financial advisor to Ovation, while DLA Piper served as legal advisor to MSCP. Read more.
