Mills & Reeve advises IVF clinic Bourne Hall on £3.5m equity investment

Mills & Reeve has assisted IVF clinic Bourne Hall on the agreement of a deal with Mobeus Equity Partners to raise a £3.5m equity investment.

Bourne Hall was set up as the world’s first IVF clinic by Patrick Steptoe and Robert Edwards in 1978 after the birth of ‘test-tube’ baby Louise Brown.

The investment will help finance the clinic’s UK expansion plans, which include acquisition and partnership with existing IVF providers and the development of several new full-service fertility centres and satellite clinics.

The Mills & Reeve team included partner Tom Pickthorn, associate Natalie Wade, solicitor Hannah Aldous and senior solicitor Emma Keen.