M&A
confidence medium
sentiment neutral
materiality 0.50
INVO Fertility, Inc. (IVF): M&A transaction — INVO Bioscience acquires Wisconsin fertility clinic; multiple related agreements executed
INVO Fertility, Inc.
- Acquired Wisconsin Fertility and Reproductive Surgery Associates via wholly owned subsidiary Wood Violet Fertility LLC on August 10, 2023.
- Physician Employment Agreement with Dr. Elizabeth Pritts: $450,000 annual salary, 3-year term with two-year non-compete.
- 10-year Management Services Agreement; management fee equals Net Pre-Tax Income of the provider.
- Leased 9,680 sq ft in Middleton, WI for admin and clinical use; annual base rent $219,989.16 with 3% annual increases.
- Signed Security Agreement granting security interest in all debtor assets to secure MSA obligations.