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Unquote
  • Portfolio management

Hartenberg's FutureLife bolts on Galway

  • Amedeo Goria
  • Amedeo Goria
  • 08 June 2017
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FutureLife, a reproductive medicine business owned by CEE-focused investor Hartenberg Capital, has acquired fertility treatment provider Galway Fertility Clinic.

FutureLife acquired the business through its Irish subsidiary ReproMed, which the group bought in 2016. Financial details surrounding the transaction have not been disclosed.

Following the acquisition, the acquiring company aims to boost its presence across the Irish market.

Galway Fertility Clinic

  • DEAL:

    Portfolio management

  • LOCATION:

    Galway

  • SECTOR:

    Healthcare providers

  • FOUNDED:

    1994

The 2013-born GP founded FutureLife as a buy-and-build platform. To date, the business owns several companies operating in the genetic and diagnostic segments, including GynCentrum, Reprofit International, IVF Clinic, Iscare, Vidia-Diagnostika, Sanus, Dum Zdravi, Gennet, ReproMed and Codum. Prior to acquiring Galway, FutureLife had an enterprise value of €100m, the GP said.

Company
Headquartered in Galway, Ireland, the company was founded in 1994 as a spinout from Galway University Hospital. It manages fertility clinics focusing mainly on egg donation and genetic services.

People
Hartenberg Capital – Jozef Janov (managing partner).
Galway Fertility Clinic – Declan Egan (founder, director).
ReproMed – Declan Keane (CEO).

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