Partly Cloudy

Partly Cloudy

max temp: 16°C

min temp: 9°C

ESTD 1874 Search

The pigs are coming. Find out more about

Pigs Gone Wild

here.

Colchester/ Cambridge: Bourn Hall fertility clinc secures £3.5m investment to fund expansion

14:47 05 February 2014

The Bourn Hall clinic in  Colchester.

The Bourn Hall clinic in Colchester.

©Si Barber 2010. No Syndication. No useage in any media without direct permission of Si Barber

Fertility clinic company Bourn Hall has secured a £3.5million minority equity investment to support future expansion.

The clinic, based at Bourn, near Cambridge, was founded by IVF pioneers Steptoe and Edwards following the birth of the world’s first “test tube” baby, Louise Brown, in 1978.

In recent years it has already added clinics in north Essex and Norfolk together with satellite centres in south Essex and Bedfordshire, making it the biggest provider of IVF services in the East of England.

The investment by Mobeus Equity Partners includes a commitment for “significant” follow-on fiancing to support further acquisition and partnership working with other IVF providers.

“Over the last four years we have established a network of new clinics and satellites that provide patients with personalised treatment programmes and excellent success rates, close to where they live,” said Mike Macnamee, chief executive of Bourn Hall.

“The funding will support the opening of further clinics by 2015 and will generate new jobs in these areas.”

Greg Blin from Mobeus Equity Partners said: “Bourn Hall has more than 30 years of experience in delivering fertility treatments. Its past performance and success in securing NHS contracts demonstrates that it has a winning formula that provides patient satisfaction. We are delighted to help make its services more widely accessible.”

Bourn Hall’s expansion began with the acquisition of the ISIS clinic in Colchester in 2009. A satellite centre was established in Wickford in 2012 and last year Bourn Hall opened a new clinic at Wymondham, near Norwich, and another satellite, in Luton.

Mobeus was advised by Baker Tilly and Mansfield Advisors while Bourn Hall was advised by Mills & Reeve and Peters Elworthy & Moore.

0 comments

Dave Muller speaking at the Ipswich Vision networking event hosted by the Greater Ipswich Chamber of Commerce.

Nearly 100 leaders of businesses and other organisations from in and around Ipswich have been challenged to act as ambassadors for for town.

The Keronite process in action.

Suffolk-based surface technology company Keronite has secured European Union funding to develop new wear resistant technologies for the automotive market.

The Bentley Fire Shop team with the company's International Gold Distributor Sales Achievement Award from Central Boiler, presented at the US company’s biennial dealer convention in Las Vegas.

An Essex-based stoves, fireplaces and heating specialist has received recognition as a leading distributor for a range of US-built outdoor wood furnaces.

From left, Monthind partner Simon Biggs, Paul Prime, managing director of Atkins Gregory, Greg Gregory, founder of Atkins Gregory, and Monthind partner Tony Felgate. shaking hands of Monthind's acquisition of Atkins Gregory.

East Anglia cleaning company Monthind has expanded with thea acquisition of Cambridge-based commercial cleaning contractor Atkins Gregory.

The new boss of Marks & Spencer has unveiled his strategy for reviving the fortunes of its fashion business.
Photo: Stefan Rousseau/PA Wire

Marks & Spencer’s new boss Steve Rowe today pledged to slash prices and put more staff in stores to turn around its beleaguered clothing arm – but warned profits will take a hit.

Most read

Great Days Out

cover

Click here to view
the Great Days Out
supplement

View

Most commented

HOT JOBS

Show Job Lists

Streetlife

Newsletter Sign Up

Great British Life

Great British Life
MyDate24 MyPhotos24