Asia Healthcare Holdings (AHH), a healthcare operating platform founded by TPG Growth, had signed definitive agreements to acquire Nova IVI Fertility for an undisclosed sum, AHH said in a statement on Wednesday.
Nova fertility operates India’s second-largest network of IVF centres, with 20 units across 15 cities. AHH currently operates a chain of 12 women & children’s hospitals across India under the Motherhood brand. Between Motherhood and Nova, AHH plans to create the largest mother and child-focused healthcare platform in India.
Nova Fertility, started in 2011, established a standardised clinical and operating model through its collaboration with IVI. With 60 IVF and