H.I.G. Capital, a leading global alternative investment firm with a portfolio of $70 billion in capital under management, announced that one of its affiliates has finalized a definitive agreement to acquire a majority stake in Avanta Salud Integral.
This strategic move not only highlights H.I.G.’s commitment to investing in the healthcare sector but also brings on board Avanta’s founder, Josep Pla, who, along with MCH Private Equity—an existing minority investor—will reinvest in the company for a minority ownership stake. This collaboration underscores their shared vision for Avanta’s growth and future endeavors.
Based in the vibrant city of Valencia, Spain, Avanta is renowned for its comprehensive occupational health and safety (OHS) services. The company offers an extensive range of mandatory and elective health services that comply with stringent regulatory standards.
Serving over 100,000 clients, Avanta supports more than 1 million employees through its extensive network, which includes over 250 medical centers and mobile units strategically located to ensure accessibility and convenience.
The company’s senior management team will remain at the helm, ensuring that existing client relationships are nurtured and that strategic initiatives are effectively executed. With H.I.G.’s extensive network and profound expertise in healthcare and business services, Avanta is poised for significant long-term growth and expansion, paving the way for enhanced service delivery and innovation in the OHS sector.
KEY QUOTES:
“We are incredibly proud of what we have built at Avanta, a family of almost 2,500 outstanding professionals, trusted by thousands of businesses to keep their employees safe, healthy, and supported. Our commitment to delivering the highest-quality services has been key to bringing us to where we are today. Looking ahead, H.I.G.’s deep healthcare and business services expertise, combined with its pan-European presence, makes it the ideal partner for our next chapter. Together, we’ll pursue our shared ambition to become the leading workplace health platform in Europe.”
Josep Pla, President and Founder of Avanta Salud
“Josep and his team have built a best-in-class platform in Avanta — combining scale, quality, and exceptional integration capabilities in a highly resilient and regulated sector. The business delivers mission-critical services to employers while improving the health and productivity of over a million workers. We are thrilled to partner with the management team to broaden Avanta’s regional coverage and elective service capabilities, addressing evolving workforce health needs while scaling the business across Europe.”
Rohin Jain, Managing Director at H.I.G. Middle Market Europe
