Virtus expands in Tasmania

Virtus Health, Australia’s largest network of IVF clinics, has acquired a 70% stake in Tasmanian-based provider TasIVF for $16m, funded by cash and $8m in bank debt.TasIVF was founded in 1983 and has delivered more than 2,500 babies over the past 30 years. Its main laboratory and day hospital is in Hobart, with additional consulting clinics in Launceston and Devonport (the birthplace of our research director, who was reportedly conceived naturally).TasIVF brings the total number of specialists under the Virtus banner to 91, following the company’s purchase of IVF Sunshine Coast in Queensland and 70% of SIMS Clinic in Ireland...

Virtus Health, Australia’s largest network of IVF clinics, has acquired a 70% stake in Tasmanian-based provider TasIVF for $16m, funded by cash and $8m in bank debt.

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