Skip to content

Banks, Private Credit Compete for $2.4 Billion Fertility Clinic Sale

  • Private credit continues to stalk traditional bank market
  • Market for large deals has been frozen since late February

Banks and private credit firms are competing to provide debt financing for a potential 2.2 billion-euro ($2.4 billion) sale of IVIRMA Global, a chain of fertility clinics. 

KKR & Co., Cinven Ltd., Nordic Capital and Carlyle Group Inc. are among buyout firms that have expressed interest in acquiring the Spanish company, according to people familiar with the matter. Cinven and U.S private equity firm Amulet Capital have discussed teaming up, two of the people said.