KKR is in advanced talks to buy Spanish fertility clinic chain Ivirma Global for between €2.5 billion and €3 billion, per Bloomberg.
Why it matters: Fertility spent decades as a private market afterthought, but is now receiving intense attention from early-stage startups through multibillion-dollar buyouts. It also could be another example of private debt picking up where syndicated loans fell off, following last week's deal between Thoma Bravo and Anaplan.
