News Article

Candesic provided commercial due diligence to IVI RMA Global

31 July 2025

IVI RMA Global has officially acquired ART Fertility Clinics in a landmark deal valued between USD 400–450 million. This acquisition strengthens IVI RMA’s position as the world’s leading reproductive medicine group and expands its presence in key growth markets across the Middle East and Asia.

Candesic is pleased to have advised IVI RMA Global on this acquisition. Having previously supported Gulf Capital during its original acquisition of ART Fertility Clinics, Candesic is proud to have now worked with both sides of this significant transaction. The Candesic team was led by Managing Partner, Dr Leonid Shapiro, with valuable contributions from Senior Engagement Manager Kristoffer Kenttä and Senior Associate Teresa Pla Prats.

“This deal will bolster IVI RMA’s position as the world’s leading reproductive medicine group and gives it a strong presence in burgeoning markets. It highlights a broader trend of consolidation and international expansion within the IVF sector. Having advised Gulf Capital during its original acquisition, Candesic is proud to have now supported both sides of this journey which sees ART Fertility’s addition to IVI’s global network.” – Dr Leonid Shapiro, Managing Partner at Candesic.

Congratulations to IVI RMA Global and ART Fertility Clinics on this exciting milestone! We look forward to seeing how this expanded global network continues to advance reproductive healthcare worldwide.