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Monash acquires Fertility Solutions for A$2.1M

Monash IVF Group Ltd. completed the acquisition of Buderim, Queensland-based fertility services provider Fertility Solutions for an initial cash payment of A$2.1 million.

Richmond, Victoria-based healthcare facilities company Monash acquired certain assets, liabilities and contracts of Fertility Solutions with possible additional earnouts payments for a four-year period that will last until June 30, 2023.

Monash's operations in Queensland will expand following the acquisition adding two clinics, one in Sunshine Coast and one in Bundaberg.