LongueVue Capital (LVC), a New Orleans-based private equity firm, solidified its first partnership with the acquisition of IVFMD, a leading fertility treatment platform with three locations serving the Dallas-Fort Worth (DFW) MSA. Alongside this partnership, LVC also announced that, in conjunction with fertility industry veterans H. Ron Davidson and Boris Vaisman, it has launched Fertility Specialists Network (FSN), a provider of clinical, operational and administrative services to fertility practices.
Founded in 2001, LongueVue Capital is a New Orleans-based private equity firm that focuses on providing human capital, financial capital, and a skill set built upon a successful 19-year track record of partnering with entrepreneurs and management teams to drive value creation in middle-market companies. LVC has managed over $500 million of capital spanning three funds coupled with 150 years of combined operating and investing experience.
Founded in 1997, IVFMD is one of the top fertility centers in DFW. IVFMD offers both traditional and breakthrough diagnostic and treatment options to unlock a patient’s fertility potential. IVFMD is the first practice to join FSN, a physician- and scientific-centric fertility network that partners with physicians and operates in the background, providing expertise, resources and administrative support services to enable physicians to invest more time and energy into patient interactions, ultimately enhancing patient outcomes and experiences.
Following the transaction, IVFMD will continue to operate locally through its existing brand and leverage the FSN network to support its physicians and employees, with a singular focus on providing superior outcomes for patients.
This transaction represents the eleventh platform investment for LVC’s third fund, LVC III, and the FSN and IVFMD investments continue to substantiate LVC’s focus on partnering with entrepreneur-backed, high-growth businesses across a variety of sectors. In addition to FSN, LVC has invested in six other healthcare platforms, with healthcare representing LVC’s largest investment vertical.
LVC’s legal counsel was provided by Baker, Donelson, Bearman, Caldwell & Berkowitz PC.
