Genesis Capital’s ambitions to own Monash IVF are in train, but Street Talk has heard of another party that kicked tyres at the battered fertility chain in recent months.
Boutique corporate adviser LoftusLane Capital had tested Monash investors’ appetite for a bid in the weeks preceding Genesis’ October 21 raid, people with knowledge of the matter told this column.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com