(Los Angeles, California) May 23, 2021 Charles will lead Ovation’s process for mergers and acquisitions, helping Ovation expand its national network of top-quality IVF laboratories.
Ovation® Fertility has hired experienced healthcare mergers and acquisitions leader Danny Charles, CPA, as vice president of business development. He will be responsible for identifying and executing on IVF laboratory acquisition opportunities to expand Ovation’s national IVF lab network.
“We are delighted to welcome Danny Charles to the Ovation senior management team,” says Conor Beardsley, Ovation president. “He is passionate about Ovation’s role in helping patients grow their families, and brings the healthcare acquisitions experience needed to help us achieve our objectives. Danny enthusiastically shares our drive to partner with clinicians around the country to improve the delivery of fertility services and enhance patient outcomes.”
Charles joined Ovation in April 2021, bringing extensive, specialized healthcare M&A experience in transaction evaluation, negotiation and due diligence.
“Ovation’s differentiated partnership model puts patients, clinical excellence and collaboration at the forefront, and creates unparalleled alignment between all parties to create a sustainable platform for long-term value creation,” says Charles. “I am excited about the opportunity in the fertility lab space, which has tremendous growth tailwinds and significant opportunity for Ovation to continue developing a larger network of labs that drives better patient experience and outcomes through collaboration and teaming.”
Charles comes to Ovation from his prior role as a director in the Transactions Services Group of the consulting, tax and audit firm Katz, Sapper & Miller. In that role, he worked with private equity firms and investors to help buyers assess all financial and risk aspects of potential acquisitions, and with sellers and investment banks to evaluate and resolve any possible issues with deals prior to closing.
Earlier in his career, Charles led mergers and acquisitions for a private-equity-backed anesthesia practice management company, aiming to expand the organization regionally through new physician partnerships in key markets. He previously gained experience with transaction advisory and due diligence at a large, global professional services and consulting firm.
Charles earned his Bachelor of Science degree in accounting, as well as a Master of Accountancy degree, at the University of Kentucky. A Certified Public Accountant, he is a member of the American Institute of CPAs and the Tennessee Society of CPAs.
Learn more about Ovation and Danny Charles at www.OvationFertility.com.
About Ovation Fertility
Ovation® Fertility is a national network of reproductive endocrinologists and scientific thought leaders focused on reducing the cost of having a family through more efficient and effective fertility care. Ovation’s IVF and genetics laboratories, along with affiliated physician practices, work collaboratively to raise the bar for IVF treatment, with state-of-the-art, evidence-based fertility services that give hopeful parents the best chance for a successful pregnancy. Physicians partner with Ovation to offer their patients advanced preconception carrier screening; preimplantation genetic testing; donor egg and surrogacy services; and secure storage for their frozen eggs, embryos and sperm. Ovation also helps IVF labs across America improve their quality and performance with expert off-site lab direction and consultation. Learn more about Ovation’s vision of a world without infertility at www.OvationFertility.com.