PE-backed Monash IVF loses momentum after $298m IPO
Shares in Australian in vitro fertilization company Monash IVF Group slipped below the offering price on the second day of trading, following a A$315.9 million ($298 million) IPO that saw Ironbridge Capital exit the majority of its holding.
Monash is the country's second-largest IVF company after Virtus Health, which went public last June, raising A$338.7 million. The IPO facilitated a full exit for majority owner Quadrant Private Equity....
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