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Canadian Investment Firms Close Deal on Pioneering UK-Based IVF + Fertility Network – Canada NewsWire

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Bourn Hall, was established in Cambridge by Steptoe, Edwards and Purdy after their pioneering work led to the birth of the first ‘test-tube’ baby, Louise Brown, in 1978. Since then, over 8 million IVF babies have been born worldwide.

Dr. Mike Macnamee, Chief Executive of Bourn Hall said, “In our 40+ years of operation, our work has embraced innovation and a bold commitment to a patients-first approach. We have developed best practices in fertility, women’s and family health, and have invested accordingly in people and evidence-based treatments. This has allowed us to create tailored and curated patient experiences, with excellent success rates.”

“Reproductive medicine is a highly fragmented sector with many players around the world, but no clear market leader. The demand for high quality treatments and services in IVF has been trending upwards for many years,” said Andrew Clark, co-founder of Triangle Capital. “The sector is ready for innovative, patient-first leadership and we look forward to working with Mike and his team to expand this vision globally.”

Dr. Macnamee said, “While we received significant interest from a number of potential investors, it was always important to us that future partners would share in our vision of client care and be similarly bold in their vision for the future. With their proven track record of success, Triangle Capital was the best fit.”

The existing directors and experienced senior management team led by Dr. Macnamee will remain in their same roles and Andrew Clark, will become Chairman of Bourn Hall.

Throughout COVID-19, Bourn Hall has continued to serve its over 3,500 self-funded and NHS-funded patients who use its clinics each year. “The pandemic has created an opportunity to rethink the way we offer our services,” said Dr. Macnamee.  “We were able to adapt quickly to distancing requirements by offering new virtual consultations and services and moving to online platforms. This allowed us to enable greater flexibility for patients’ schedules and – critically – maintain conception success rates.”   

CITATION
1Fertility Treatments Market Global Report 2020-2030, https://www.researchandmarkets.com/reports/5014051/fertility-treatments-market-global-report-2020-30

ABOUT BOURN HALL CLINIC
Bourn Hall Clinic, the world’s first and best-known assisted conception clinic, was established in 1980 by Patrick Steptoe, Robert Edwards and Jean Purdy, the pioneers of IVF, after their success with the first ‘test-tube’ baby Louise Brown.

Through innovative thinking the clinic maintains a leading role in the field, supporting both NHS and self-funding patients. It has full-service clinics in Cambridge, Norwich and Wickford and satellite clinics at Colchester, King’s Lynn and Peterborough. Bourn Hall Clinic has also forged a partnership with the Luton and Dunstable Hospital NHS Foundation Trust. For more information, please visit: www.bournhall.co.uk

ABOUT TRIANGLE HEALTHCARE PARTNERS
Triangle Capital Corporation is the sponsor of Triangle Healthcare Partners. Founded in 2020, Triangle Capital Corporation is an entrepreneur-led private investment firm with a mandate to partner with industry leaders. Our team has deep experience in finance, real estate and consumer facing businesses, with specific expertise in mergers and acquisitions, customer experience, brand building and asset management. Triangle Capital is well capitalized and deploys capital only when appropriate, making smart, strategic investments. For more information, please visit: www.trianglecapitalcorp.com

ABOUT BULLDOG CAPITAL PARTNERS
Founded in 2019, Bulldog Capital Partners is a Canadian merchant bank focused on private equity investments and advisory services for growth-oriented businesses. For more information, please visit: www.bulldogcap.ca

SOURCE Broadhead Communications

For further information: MEDIA CONTACT : Lindsay Broadhead, Broadhead Communications, [email protected] – 1-416-400-6457

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S&P/TSX composite up more than 100 points, U.S. stock markets mixed

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TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 103.40 points at 24,542.48.

In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.

The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.

The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.

The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.

This report by The Canadian Press was first published Oct. 16, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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S&P/TSX up more than 200 points, U.S. markets also higher

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TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.

The S&P/TSX composite index was up 205.86 points at 24,508.12.

In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.

The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.

The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.

The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.

This report by The Canadian Press was first published Oct. 11, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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S&P/TSX composite little changed in late-morning trading, U.S. stock markets down

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TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.

The S&P/TSX composite index was up 0.05 of a point at 24,224.95.

In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.

The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.

The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.

The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.

This report by The Canadian Press was first published Oct. 10, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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