FutureLife continue to strengthen its position in Ireland with acquisition of Galway Fertility Clinic
June 6, 2017
Galway Fertility Clinic, one of the country’s leading fertility treatment providers, has been acquired by one of the largest player in reproductive medicine FutureLife. The transaction was conducted through ReproMed, FutureLife’s Irish subsidiary and a national provider of comprehensive fertility services, which the Group acquired last year.
Galway Fertility Clinic was founded in 1994 in Galway University Hospital and relocated to a state-of-the-art facility in the West of the City in 2009. The clinic has developed a reputation for being at the forefront of assisted reproduction in Ireland and it is this, combined the depth of expertise amongst its staff and the ethos of the clinic that made it an ideal partner for FutureLife.
Dr Declan Egan, Founder and Director of Galway Fertility Clinic will remain on as an ambassador for the clinic and is committed to working within this group as part of a national and international network of Fertility Clinics. Declan Egan commented that he is “very excited for the clinic to be part of a larger group to develop egg donation and genetic services for patients going forward. This move is a testament to the staff, their patient focus, hard work and excellent results.”
FutureLife founder and co-owner Jozef Janov adds: “For us, partnering with Galway Fertility Clinic was always priority, as we wanted to have national network and we have been following successes of Dr Declan Egan and his team for long time.”
With the successful acquisition of Galway Fertility Clinic, FutureLife became through ReproMed the second largest provider of Assisted Reproductive Technologies (ART) in Ireland and continue fulfilling its investment goals when entering the country.
Declan Keane, CEO of ReproMed commented, “we are delighted that Galway Fertility Clinic has become part of ReproMed’s expanding national network of fertility clinics which are at the forefront of ART services in Ireland. Galway Fertility Clinic’s reputation for patient care and results makes it an ideal partner for ReproMed.”
ReproMed was established in 2009 by Declan Keane, a Senior Clinical Embryologist with over 20 years experience in the field of human assisted reproduction in Ireland and abroad. ReproMed is the fastest growing fertility service in Ireland and focuses on offering boutique-style, high-tech fertility treatments to patients across the country. ReproMed’s headquarters is located in Dundrum in South Dublin. ReproMed partnered with FutureLife A.S in 2016 with the goal of expanding its fertility services across Ireland with clinics in Dublin, Kilkenny, Cork, Limerick and now Galway.
FutureLife is one of the Top 3 Europe’s largest and fastest growing providers of human assisted reproduction services with a presence in the United Kingdom, Ireland, Czech and Slovak Republic. The Group is also one of the largest fertility service providers worldwide, with over 20,000 IVF cycles performed annually. The majority owner of FutureLife is Hartenberg Holding a company focused on investments in assets primarily in Central European Region, with equity commitments from the founders of 200 million EUR.