TPG-backed AHH buys Nova IVI Fertility for $100 mn Mumbai: Asia Healthcare Holdings (AHH), a healthcare operating platform founded by TPG Growth, has acquired Nova IVI Fertility, India’s second largest network of infertility centres.Asia Healthcare Holdings, the platform backed by TPG Growth and Temasek Holdings, is all set to acquire Nova IVI Fertility, in a deal said to be worth $100 million, ET first reported in September last year.Nova IVI provides assisted-reproductive therapy treatments such as intrauterine insemination (IUI), in vitro fertilization (IVF) and andrology services with 20 centres across 15 cities.Nova IVI Fertility was formed in 2012 when Nova Pulse IVF, a division of Nova Medical Centers, formed a technical partnership with IVI, a Spanish chain of IVF clinics. Nova Medical Centers was founded by GTI Group and Reddy in 2009.AHH will buy stakes from existing private equity investors and promoters including founder Mahesh Reddy.Goldman Sachs Group Inc. and New Enterprise Associates together hold about 51% in Nova IVI, New York-based fund GTI Group has about 15% and the promoters the remainder. “Nova will be a great addition to the AHH platform and our vision of building the region’s most valuable Women Children’s healthcare delivery network.