Global Fertility Network Acquires HealthPlus Fertility in Jeddah
Deal News | Jun 16, 2025 | Zawya
Global Fertility Network (GFN), a leading fertility and women's health network in the Middle East, has successfully acquired HealthPlus Fertility Center in Jeddah, Saudi Arabia. This move aligns with GFN's expansion strategy to establish the largest fertility network in the GCC region, under its Bnoon IVF brand. The acquisition, along with a previous one in Riyadh, signifies an investment of over 100 million Saudi Riyals, and positions GFN to service over 5,000 IVF cycles annually in the Kingdom. Backed by substantial institutional investors, including Dubai Investments, which holds a significant equity stake, the network plans to enhance its services and expand across Saudi Arabia and the region. The ongoing developments include a new flagship facility under construction in Riyadh, scheduled to open in 2025. GFN is addressing the rising demand for fertility services in the region, catalyzed by socioeconomic factors. The organization is committed to integrating cutting-edge technologies to expand its offerings and improve clinical outcomes, supporting the goals of Saudi Arabia's Vision 2030.
Sectors
- Healthcare Services
- Private Equity and Investment
Geography
- Saudi Arabia – The acquisitions and expansion efforts are centrally based in Saudi Arabia, as GFN consolidates its presence in core Saudi cities like Riyadh and Jeddah.
- United Arab Emirates – Dubai Investments, a UAE-based company, plays a significant investment role in the Global Fertility Network's expansion strategy.
Industry
- Healthcare Services – The article focuses on the acquisition and expansion of a network of fertility and women's health centers.
- Private Equity and Investment – The expansion of Global Fertility Network is supported by equity financing from institutional investors, indicating active participation from private equity stakeholders.
Financials
- 100 million Saudi Riyals – Total investment value for GFN's acquisitions in Saudi Arabia.
- USD 27 million – Equivalent of the 100 million Saudi Riyals investment value.
- Approx. USD 60 million – Equity financing raised by Global Fertility Network from institutional investors.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Global Fertility Network | Buyer | Company | An expanding network of fertility and women's health centers in the Middle East. |
| HealthPlus Fertility Center | Target | Company | A fertility center in Jeddah acquired by Global Fertility Network. |
| Bnoon IVF | Brand | Company | The brand under which GFN is consolidating its acquired fertility centers. |
| Dubai Investments | Investor | Company | An investment company that holds a 34.3% equity stake in Global Fertility Network. |
| Majd Abu Zant | CEO | Person | Founder and CEO of Global Fertility Network, overseeing strategic growth in the region. |
| M42 | Previous Owner | Company | Previous owner of HealthPlus Fertility Center before acquisition by Global Fertility Network. |
| Dr. Abdulaziz Muhammad AlShahrani | Medical Director | Person | A leading consultant in reproductive endocrinology, supporting GFN's expansion. |
| Dr. Fawaz Adeeb Edris | Executive Director | Person | An executive director within Bnoon, highlighting regional demand for fertility services. |