CapVest’s battle for IVF company heats up

Seamus Fitzpatrick’s private equity fund has again asked Australia’s takeover panel to block a rival bidder for Virtus Health

Virtus Health: CapVest, the €5 billion private equity fund has made a second attempt to block a rival bidder for Virtus Health, an Australian fertility services company

CapVest, the €5 billion private equity fund run by Cavan native Seamus Fitzpatrick, has made a second attempt to block a rival bidder for Virtus Health, an Australian fertility services company.

The London-based firm has made a fresh petition to Australia’s takeover panel to block BGH Capital from buying shares in the open market, in an increasingly heated battle for Virtus, which also owns Sims IVF in Ireland.

BGH, which already owns 19.9 per cent ...