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Asia Healthcare Holdings (AHH) announces signing definitive agreements to acquire Nova IVI Fertility

Meha Kumari
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  • 2 May, 2019 10:49 pm
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Asia Healthcare Holdings (AHH), on May 2 said it has signed definitive agreements to acquire Nova IVI Fertility. The financial details of the deal were undisclosed but sources revealed that the investment could be in the range of $70 – $75 million. AHH currently operates a chain of 12 women and children’s hospitals across India under the Motherhood brand. Nova Fertility was started in 2011 and through its collaboration with IVI established a standardised clinical and operating model. TPG Growth has been one of the most active investors in healthcare in India and South Asia in the last five years. So far they have invested close to $400 million across a variety of segments, including medical technology, delivery, life sciences, and pharmaceuticals. The AHH platform, which is funded by TPG Growth, helps power multiple single specialty healthcare delivery companies through a single management team.

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