H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $74 billion of capital under management, is pleased to announce that its portfolio company Avanta Salud Integral (“Avanta”) has entered into a definitive agreement to acquire Vitaly Group (“Vitaly”), one of the leading occupational health and safety (“OHS”) services providers in Iberia. Vitaly’s co-founders and co-CEOs, Jesús Nieto and Andrés López, will reinvest alongside H.I.G., Avanta’s founder Josep Pla, and current minority investor MCH Private Equity. The combined group will serve more than 240,000 clients covering approximately 4 million protected workers, operating from 505 centres with approximately 5,500 employees.
Read the full article: H.I.G. Capital Signs Definitive Agreement to Acquire Vitaly Group through Its Portfolio Company Avanta Salud //
Source: https://www.eqs-news.com/news/corporate/h-i-g-capital-signs-definitive-agreement-to-acquire-vitaly-group-through-its-portfolio-company-avanta-salud/5e75417f-e1aa-42ea-9c45-fb0d2a1d50c8_en