In Vitro Sciences, LLC, an Avon, CT-based operator of a network of fertility clinics in the United States, received a strategic investment from Sverica Capital Management LP.
The amount of the deal was not disclosed.
As part of the transaction, IVS completed a spin-out from Women’s Health USA and has acquired Advanced Fertility Care, a Phoenix, Arizona based fertility clinic.
Led by Brian Pskowski, President, IVS is a manager of a network of fertility practices. Collectively, IVS practices operate from 17 offices including 4 in-vitro fertilization (“IVF”) labs. IVS clinics perform a full-range of services including more than 5,000 annual IVF cycles, genetic testing, egg and embryo storage. Centers maintain high clinical quality in part from continued partnership with academia, including management of an REI fellowship program together with the University of Connecticut Medical School.