Amulet-backed TFP buys £15M-turnover Manchester Fertility to grow North West base
What's the deal? TFP Fertility GroupDealroom has a profile for this one. Try Dealroom → has acquired Manchester Fertility Services, including its Semovo brand, for an undisclosed sum. Founded in 1986, Manchester Fertility is one of the UK's longest-established fertility providers, operating a purpose-built clinic and laboratory in Cheadle, Greater Manchester.
Who's involved? TFP is backed by US private equity firm Amulet Capital PartnersDealroom has a profile for this one. Try Dealroom →, which took ownership in May 2026 with growth as a stated priority. The group runs 10 clinics and 21 satellite or referral centres across the UK and Poland.
The target: Manchester Fertility comprises five brands — Manchester Fertility, Essential Fertility, Semovo, Egg Donors UK and BuySperm — spanning treatment, donor services and fertility preservation. Its latest reported turnover was £14.7m, with a £1.9m pre-tax profit.
What's the endgame? The deal expands TFP's footprint in the North West and marks an early expansion move under Amulet. "We see a natural fit between our businesses, with a shared focus on clinical excellence and patient-centred care," said Jude Fleming, group chief executive of TFP.
Why the sellers agreed: Shareholders Debbie Falconer and Jonathan Koslover said that in TFP they had "found an excellent long-term home for the business and a partner that shares our values and vision for its future."
What could go wrong? The undisclosed price leaves TFP's valuation and the financial impact of the deal unclear. The source article is partially paywalled, so details on management, clinical leadership and integration plans remain limited.
The signal: The acquisition is an add-on rather than an isolated clinic purchase, pointing to a wider private equity push to consolidate fertility care. Amulet partner Sam Brinkley flagged "significant opportunities to continue investing" across the UK and select European markets.
Read more: alpha-maven.com
Image credit: Moving Mountains Trust
