Monash IVF Group Limited (ASX:MVF) agreed to acquire PIVET Medical Centre for AUD 9.4 million on May 18, 2022. Monash IVF is paying additional earn out payments over a one to two year period from completion. The acquisition is expected to be funded through Monash IVF's operating cash flows and/or debt facilities available. The PIVET brings into the Monash IVF clinician network, 9 fertility specialists who have worked together for several years. Completion is expected to occur during First Quarter 2023, subject to certain conditions precedent. As of August 26, 2022, The transaction is expected to complete by end of September 2022. As of February 21, 2023, the transaction is expected to complete by end of Q3 of FY2023. Chris Rosario of Squire Patton Boggs (UK) LLP acted as a legal advisor to PIVET Medical Centre.

Monash IVF Group Limited (ASX:MVF) completed the acquisition of PIVET Medical Centre on May 29, 2023.