Ovation Fertility is buying Midwest Fertility Specialists


Ovation Fertility, a portfolio company of WindRose Health Investors LLC, is acquiring Indianapolis-based Midwest Fertility Specialists, a provider of fertility care and laboratory services. No financial terms were disclosed.

PRESS RELEASE

(New York, NY) July 12, 2018 – WindRose Health Investors, LLC, a healthcare-focused private equity firm, announced that its portfolio company, Ovation Fertility™, has a new partnership with Indiana’s largest fertility practice, Midwest Fertility Specialists in Indianapolis. Midwest Fertility Specialists will merge its IVF laboratory and outpatient facility with Ovation Fertility. This represents the company’s ninth physician practice partnership and its third in 2018.

Ovation Fertility is a nationwide network of industry-leading assisted reproductive technology (“ART”) laboratories that perform all aspects of infertility testing and treatment, as part of the in vitro fertilization (“IVF”) process. Ovation Fertility Indianapolis allows Ovation Fertility to expand its growing laboratory network. Adding Bradford Bopp, M.D., Robert Colver, M.D, Laura Reuter, M.D., Erica Anspach Will, M.D. and Matthew Will, M.D., also supports Ovation Fertility’s affiliated physicians in their quest to collaborate in the field of reproductive medicine.

Since 2004, Midwest Fertility Specialists has been known as a destination for exceptional fertility care and laboratory services. As Ovation Fertility Indianapolis, Laboratory Director Glen Adaniya, Ph.D., HCLD, and his experienced team of laboratory professionals will maintain a tradition of excellence and success.

Ovation Fertility Indianapolis is the company’s third lab acquisition in six months. “Adding Indianapolis to our growing list of laboratories proves the Ovation Fertility business model is attractive to reproductive endocrinologists and scientists who want to participate in the next generation of fertility care,” says Nate Snyder, Ovation Fertility chief executive officer.

About Ovation Fertility™
Ovation Fertility is a national network of reproductive endocrinologists and scientific thought leaders focused on reducing the cost of live birth through more efficient and effective fertility care. Ovation Fertility’s IVF and genetics laboratories and affiliated practices work collaboratively to raise the bar with state-of-the-art, evidence-based fertility services that give hopeful parents the best chance of a successful pregnancy. Physicians partner with Ovation Fertility to offer their patients advanced preimplantation genetic testing. Ovation Fertility also provides donor eggs that come with the world’s first Euploid Embryo Guarantee™, as well as secure frozen egg, embryo and sperm storage; consultative services to help IVF laboratories improve quality and performance; and fertility preservation programs that enable more women to freeze their eggs and build future families. Learn more about Ovation Fertility’s vision of a world without infertility at www.OvationFertility.com.

About Midwest Fertility Specialists
Midwest Fertility Specialists is the largest fertility center in Indiana, offering a range of services that provide a complete continuum of reproductive care. Its expert team of physicians, nurses, lab specialists and staff supports patients through every step of their journey. The fertility center provides diagnostic testing, basic and advanced fertility treatments, surgical procedures and more to help start families in Indiana and across the country. Midwest Fertility has state-of-the-art medical offices in Carmel and Fort Wayne, Indiana. To learn about its services, visit www.MidwestFertility.com or search for Midwest Fertility on Facebook, Instagram and Twitter.

About WindRose Health Investors
WindRose Health Investors makes equity investments in companies that operate within the services sectors of the healthcare industry. WindRose Health Investors focuses on companies with profitable business models and a demonstrated ability to deliver cost-effective solutions. WindRose Health Investors manages more than $700 million of capital and is currently investing out of its fourth fund. WindRose Health Investors is based in New York City and invests in companies throughout the United States.

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