The departures are a blow for Genea. IVF is not for the faint of heart and doctors, perhaps more than any other part of the healthcare industry, have a huge responsibility to their patients.
Liverpool Partners also controls Adora Fertility which it snared from pathology and day hospitals operator Healius for $30.5 million in the months before the Genea deal. Meanwhile, Virtus was bought by Ben Gray’s BGH Capital in 2022 following a long-running takeover battle.